Friday, November 22, 2024
Home > News > Cryptocurrency Market > The Next Big Thing in DeFi

The Next Big Thing in DeFi

The Nimbus FinTech platform has accumulated 50,000 users since its founding in 2019. The official launch of their new products, Nimbus DeFi Platform and native utility token NBU is planned for 27th January 2021. Nimbus Platform will be a full-scale DAO-governed ecosystem of four decentralized applications (dApps), based on the best practices of both DeFi and the traditional financial sphere. In total, users will be able to access more than 10 pools on a single platform powered by the NBU token. Moreover, the Platform shall provide access to opportunities that have never been available to common people, even in fiat money – such as, for instance, participation in IPOs or Startup Financing.

As noted by Nimbus representatives – “The Nimbus Fintech platform has been running since 2019 for 50,000 people around the world. Switching to DeFi is a logical step in our company’s development strategy. Our new Platform offers to users all the tools they need in one spot and eliminates the need for switching between native tokens. NBU is the single token that shall provide access to an array of unprecedented crypto opportunities including more than 10 pools with transparent mechanisms of value generation behind each.”

The upcoming launch of Nimbus will be one of the most important events in the DeFi space. After the rise and tide of the Crypto industry, interested participants are flocking towards the DeFi sector as the hottest ticket that will stabilize the economy. Nimbus’s attractiveness stems from the fact that they already have an excellent track record of delivering efficient blockchain-based financial tools, and now they aim to deliver even more of them, but in a decentralized setting. Their new Platform shall become a wholesome, sustainable ecosystem with more than 10 different pools to cater to any user’s request. All in one spot and accessible via just one token, without extra fees or registrations.

It won’t be long when Nimbus becomes the next big player in the DeFi space. Although, DeFi is growing at a much faster pace than before, the sector needs real-world use cases to gain tangibility. Following that sentiment, Nimbus will contribute significantly to the maturation of a decentralized economy. Early participants who realize the potential of Nimbus in driving the future of finance stand the best chance to make the most of the DeFi revolution.

As a part of their roadmap for 2021, Nimbus will launch a set of 4 decentralized applications (dApps), including the P2P lending dApp, Crypto Arbitrage-Trading dApp, Crowdfunding dApp, and IPO Hub dApp, and a system of three Nimbus tokens, each with its own unique use-cases and benefits for the users. The first to be launched is NBU, the Utility token that provides access to all Nimbus solutions. Users shall be able to acquire it at the Nimbus Platform starting from 8 am CET on the 27th of January 2021.

Here is a little insight into the four decentralized applications that make up the Nimbus ecosystem in the near future:

  • Crowdfunding dApp –It is vital to mention that participation in start-up equity and crowdfunding, in general, was earlier reserved for institutional investors and finance hoarders, only. Something impossible for the general public to participate in until the inception of Nimbus. Through the Nimbus Crowdfunding dApp and its unique pool mechanics, users all across the globe can now participate in start-up equity and convertible notes while the highest measures of accountability are maintained via smart contracts. The Crowdfunding dApp shall be launched QT1-QT2 2021.
  • IPO Hub dApp – This is one of Nimbus’s most unique offerings. This futuristic IPO Hub dApp allows holders of any amount of crypto to participate in IPOs. The Platform eliminates the need to pay extra brokerage fees while also allowing users to enjoy sophisticated evaluation mechanisms and analytics in a single spot. The IPO Hub dApp shall be launched in QT2-QT3 2021.
  • P2P Lending dApp –Unlike other dApps, Nimbus’s P2P lending dApp offers an array of multi-level lending and borrowing opportunities to users based on a risk-adjusted criterion. Moreover, the tool also facilitates the location-based direct matching of borrowers and lenders. The P2P lending dApp shall be launched in QT1 2021.
  • Crypto-Arbitrage dApp – The Nimbus Arbitrage-Trading Bot has been used for nearly a year and has successfully accumulated a base of 50,000 users. Now, Nimbus is taking a step ahead by upgrading it to a Crypto Arbitrage-Trading decentralized application with innovative pool mechanics that allow for risk mitigation and enable users to optimize their rewards. The Crypto Arbitrage dApp shall be launched in QT1-QT3 2021.

Nimbus is a DAO governed ecosystem, and that small phrase holds a lot more significance and appeal to the common people. To give you a better perspective on the significance of Nimbus for the DeFi space, here are a few considerations- all of Nimbus’s tools are based on smart contracts. Stakeholders can become not just users on the Nimbus platform but also co-creators with the right to vote on Platform reward levels, transaction fees, token distribution and issuance and so on. Users can get access to this via the Nimbus Governance token, which is planned to be launched soon after the NBU launch in QT1 2021.

Moreover, only 10% of Nimbus Governance Tokens shall be given to the Nimbus Organization. This approach ensures that the decision-making does not fall under the hands of a central body, and the Nimbus Platform is operated under the joint authority of all its members. This is the true essence of DeFi. With the emergence of Nimbus, it is time for the people to hold power.

Signing off, we wish a smooth sail for Nimbus’s official Platform and NBU token launch on the 27th January 2021, and we appreciate their efforts in bringing forth a restructured financial realm that hands the power back to the people.

 

Source