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Rebus Announces Public Coin Distribution Via Osmosis – Press Release Bitcoin News
press release
PRESS RELEASE. RebusChain, a platform set to take DeFi mainstream, is going public by announcing its public coin distribution (PCD) late this summer. PCD means that backers of the mission can now raise coins via the Liquidity Startup Pool (LBP) on the Osmosis network, and this marks a significant milestone in the Rebus project, following the successful announcements of various financial and platform partnerships.
The founding team at Rebus has unique foundations in entrepreneurship, cyber security, traditional finance and the emerging DeFi field. CTO and COO Pier Stabilini and Nicola Onassis, respectively, have experience working together and starting new businesses. When they were introduced to Paolo Baroni, Financial Product Lead, the three saw an immediate opportunity to do something big, and Rebus was born.
Typical of emerging technology markets, the DeFi space is quite nuanced and still evolving. However, all people should have access to blockchain-based transaction tools – it is the most reliable transaction method humans have developed. The demand for access to DeFi was more significant than participation, and the problem was complexity. Rebus was born to provide better answers to two difficult questions “How do I get into DeFi and what can I do with it?” Rebus opens up a significant growth path for the entire DeFi space by eliminating complexity and paving the way for more utility.
Rebus ($REBUS) is a utility currency within the RebusChain platform that satisfies regulations and allows for fast, secure and affordable transactions. $REBUS (together with the Rebus Investment Platform) is the regulatory vehicle that makes all this possible. The team continues to grow and build a strong community around the goal of improving the world of business transactions.
RebusChain is a platform that will provide DeFi (Decentralized Finance) investment opportunities to traditional investors clearly and conveniently. By creating a platform that allows TradFi houses such as Asset Managers, Financial Planners, et al. to carry DeFi products, the use of crypto investments will be opened to the entire markets of both institutional and individual investors. Demand for existing crypto assets will increase as offerings are made to the traditional clientele of Rebus Financial Partnerships (which account for $5B+ in assets and growing) and provide new opportunities for existing crypto investors to put their assets to work for income via Rebus Platform Partners .
A public coin distribution will initiate public trading of $REBUS, which will be available on a handful of centralized and decentralized platforms. 12 September 2022the $REBUS airdrop took place, an event that officially kicked off the launch of the RebusChain platform.
The coin will also be available via LBP on the Osmosis platform, a type of automated market maker (AMM) designed explicitly for token launches and sales. With an LBP, tokens are distributed to achieve the initial price discovery of $REBUS.
$REBUS’ role on the RebusChain platform is to regulate transactions. The token’s value will be derived from the number of transactions on RebusChain, making $REBUS an attractive prospect as crypto moves towards a hyper-adoption phase with the increase of tools and a decrease in complexity. Essentially, it supports and secures all investments made in the Cosmos ecosystem.
In addition, $REBUS will use blockchain technology to satisfy regulatory requirements without giving up liquidity. Overall, the $REBUS token will have three primary functions on the RebusChain platform:
- Pays for all transactions, fees and services that occur within the RebusChain ecosystem
- Securing the network through proof-of-stake
- Provide on-chain governance for the RebusChain Ethical Fund Pool and Community Fund Pool
Visit the website for more information about the project, its founders, partners and financial products to be launched (Q1 CY23′).
RebusChain believes it must bring decentralized investment opportunities to traditional investors in a practical and easy-to-understand way. The project aims to implement a number of financial products adapted to the needs of users and customers. RebusChain is active on several social media platforms, i.a Telegram, Disagreementand Twitter. Or visit the project on its own official website.
This is a press release. Readers should do their own due diligence before taking any action related to the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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