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'm gonna reveal a very exciting, stealth mode, project. Being early and adding value is important. 💎 👉
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 . Recently @APompliano invested 10m in this project and started advocating it 👉
This story started when $SOV initiator @EdanYago liked/rt'ed a tweet of a project that I didn't know about👉
The project I'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's mind-boggling objective is to enhance USD-stablecoin flow and accelerate hyperBitcoinization." 👉
But there'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.)👉
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. 👉
You can learn more DYOR at 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/  👉
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's have a look at CementDAO's team. Yes, the lead of this project is/was $SOV initiator @EdanYago ... very interesting👉
This makes me think @babelfishmoney will play a role in the @SovrynBTC ecosystem and it'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! 👉
So what now? @babelfishmoney it's VERY early, but if this is true and it IS somehow a rebrand of @CementDAO ... DYOR. Right now there's no token circulating but this can change quite fast. So what can you do?👉
You can follow @cpthaddockz.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: