Community projects are getting more and more interesting. Lately I got involved in projects like $MIST, $SOV and $OHM. Follow me on this thread. I& #39;m gonna reveal a very exciting, stealth mode, project. Being early and adding value is important. https://abs.twimg.com/emoji/v2/... draggable="false" alt="💎" title="Edelstein" aria-label="Emoji: Edelstein"> https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
I stumbled on this project after doing some research on $SOV. @SovrynBTC is a community project build on @RSKsmart , you can see it as DeFi build on #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt="">. Recently @APompliano invested 10m in this project and started advocating it https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
This story started when $SOV initiator @EdanYago liked/rt& #39;ed a tweet of a project that I didn& #39;t know abouthttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
The project I& #39;m talking about is called @babelfishmoney and it is very interesting for several reasons. The website is the typical low profile placeholder. We can read: "BabelFish& #39;s mind-boggling objective is to enhance USD-stablecoin flow and accelerate hyperBitcoinization." https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
But there& #39;s a lot more. Reading the documentation more thoroughly it seems this project likes to connect #DeFi ecosystems cross-platform by functioning as an stablecoin exchange office. Think exchanging stablecoins 1-1 from different platforms (Ethereum, Bitcoin, Polkadot etc.)https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
We should not understate how important this is. Stablecoins are important to the #DeFi ecosystem but connecting DeFi ecosystems cross-platform $ETH - $BTC - $DOT, each with their own coding language and their own stablecoins, is quite a thing. https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
You can learn more DYOR at https://babelfish.money/ .">https://babelfish.money/">... Here you can find an article which is very interesting. "Our project inspiration comes from @CementDAO ....". Please do check what CementDAO is https://www.cementdao.com/ ">https://www.cementdao.com/">... https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
CementDAO is a very similar project that never really took off... Which makes me think @babelfish is in some way a rebrand of @CementDAO . Oh, and let& #39;s have a look at CementDAO& #39;s team. Yes, the lead of this project is/was $SOV initiator @EdanYago ... very interestinghttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
This makes me think @babelfishmoney will play a role in the @SovrynBTC ecosystem and it& #39;s quite obvious which kind of role. Being a stablecoin exchange office, it can function as a bridge between the $BTC and other #DeFi ecosystems like $ETH. This is quite a thing! https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
So what now? @babelfishmoney it& #39;s VERY early, but if this is true and it IS somehow a rebrand of @CementDAO ... DYOR. Right now there& #39;s no token circulating but this can change quite fast. So what can you do?https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Rückhand Zeigefinger nach rechts" aria-label="Emoji: Rückhand Zeigefinger nach rechts">
Be early... Get involved! Join the Discord server: https://discord.gg/BJh5ts6Pe5 ...">https://discord.gg/BJh5ts6Pe... Add value and track this project. Something tells me we have something very solid, very interesting over here! @babelfishmoney $SOV $FISH
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