BSCstarter, a community-focused fundraising platform, today announced the launch of WSB token through an exclusive partnership with WallStreetBets DApp, a decentralized application of the popular subreddit / r / wallstreetbets.
The WallstreetBets DApp is a creation of WallStreetBets, an institution behind the global movement against the current financial system, financial institutions and Wall Street. Inspired by their aligned visions of a financial democracy, BSCstarter and WallStreetBets DApp will launch the official WSB token through an Initial Dex Offering (IDO) on BSCstarter’s launch pad.
As a decentralized fundraising platform, BSCstarter allows the community to vote before approving any project seeking to raise money through their platform. Projects apply simply for consideration by the members of the community. The number of votes from the community determines whether or not a project is eligible to raise money through an IDO on BSCstarter. From voting to launch, every step of the process is an automated feature of the platform that relies on the action of each community member.
“We are very excited to support the WallStreetBets and WSB initiatives because of our shared values. We believe that everyone should have the opportunity to take advantage of our financial products and services while becoming better investors by learning how to conduct their own research and have a voice in the community. “
– Lionel Iruk, Special Counsel at BSCstarter
The WSB DApp, a decentralized application powered by WallStreetBets, is at the heart of the WSB ecosystem that will reassign the special privileges of closed-door institutions to the individuals in the community. The WSB DApp offers blockchain financial instruments similar to index funds that can provide portfolio diversification at a low cost with strong long-term returns.