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Sheesha Finance Partners with Plasma Finance to Bring Accessible Asset Management to DeFi

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Sheesha Finance Partners

DeFi mutual fund Sheesha Finance and DeFi aggregator Plasma Finance team up to improve DeFi interaction features and create a one-stop solution to invest, store, deploy and manage diversified portfolios

UAE – April 15, 2021 — Sheesha Finance (https://sheesha.finance/), the first comprehensive DeFi solution for investors to easily access a variety of projects while solving issues surrounding locked crypto assets, and Plasma Finance (https://plasma.finance/), a DeFi dashboard aggregating the most popular DeFi applications in one place, today announced a partnership to bring sustainable and easy-to-use asset management services to DeFi. The partnership will focus on transparency and improving access to a variety of decentralized financial services and products.

Created to provide global access to finance, DeFi still has a long way to go before reaching mass adoption. Barriers include difficulties in accessibility, approachability, and sustainability. By partnering, Sheesha Finance and Plasma Finance aim to alleviate these difficulties by providing professional tools for easy asset management, leveraging Sheesha’s unique staking model and Plasma’s all-in-one DeFi platform. Embracing full-scale transparency and integrity, Sheesha Finance gives investors easy access to a diverse DeFi portfolio as ecosystem participants are rewarded with various DeFi tokens when they stake SHEESHA tokens or Liquidity Provision (LP) tokens. Plasma Finance’s platform simplifies the decentralized finance market for any type of investor by helping users manage their portfolios using a single interface, providing an attractive solution for both institutional and retail investors.

“Plasma Finance has been a bastion in the DeFi space since 2018 and has achieved an incredible number of milestones. These milestones have created an ecosystem in which people can swap/trade, create liquidity pools, staking, governance, lending, borrowing, yield farming and a fiat on/off-ramp. This ecosystem is not just a holistic DeFi platform, it is one that has been tested and developed for several years now. Plasma Finance has proven themselves as industry leaders, namely for their Top, Middle and Web3.0 capabilities,” said Saeed Hareb Al Darmaki, founder of Sheesha Finance. “Partnering with them makes sense as Plasma Finance matches with the ethos of Sheesha Finance; one that provides transparency and ease-of-use for people wanting exposure in the DeFi space.”

“At PlasmaFinance, we stay steadfast to our goal of democratizing finance and bringing DeFi to the masses,” said Ilia Maksimenka, CEO of Plasma Finance. “For this to happen, we need partners that want to work on the same crucial aspects of improvements to the sector — safer and more responsible aspects that will bring much-needed assurance and sustainability. This is why Sheesha Finance makes sense as a logical team to collaborate with.”

To mark the partnership, Plasma Finance will soon be releasing details of the SHEESHA token listing on PlasmaSwap, with a move to open a liquidity pool after.

Additionally, Sheesha Finance will be able to further develop their ecosystem by combining efforts with the Plasma Finance Alliance, which includes the blockchain and application infrastructure with a mission to decentralize the centralized financial services industry (CeFi), PlasmaPay; a fast, secure and liquid decentralized exchange (DEX) for institutional and professional traders, PlasmaSwap; and a public blockchain designed for DeFi, central bank digital currency (CBDC), Decentralized Autonomous Organization (DAO), and payments, PlasmaDLT.

Earlier this month, Sheesha Finance successfully concluded their funding round through an innovative token distribution mechanism, known as a Liquidity Generation Event (LGE), with over $9.44 million US raised in two weeks. The founding team bootstrapped Sheesha Finance, and will eventually hand over the control of the ecosystem to its native token holders through a DAO to maintain transparency and integrity.

For LGE participants ready to claim and stake their Sheesha LGE tokens, visit the Sheesha Finance website (https://sheesha.finance). A full tutorial for staking on BSC (and mirrored for ETH) can be found here. Staking for normal liquidity providers on Pancakeswap will be live shortly.

To learn more about the partnership between Sheesha Finance and Plasma Finance, join the Sheesha Finance Telegram group.

About Sheesha

Sheesha Finance (https://sheesha.finance/) is the one-stop-shop for DeFi projects, similar to a DeFi mutual fund. Sheesha aims to solve locked cryptocurrency inaccessibility issues in DeFi by creating easily convertible assets that can be freely utilized to maximize participant rewards and gain exposure to existing and upcoming DeFi projects.  After launch, Sheesha Finance plans to maintain market transparency and integrity by giving control to the native token holders through a Decentralized Autonomous Organization (DAO).

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About Plasma Finance

Plasma Finance is a DeFi platform and dashboard that aggregates all of the most popular DeFi applications in one place. With the goal of simplifying the DeFi market for its users and eliminating some aspects regarding DeFi barriers to entry, Plasma Finance is working to become a cornerstone of the DeFi economy. PlasmaPay is a blockchain protocol developed by Plasma Finance, allowing for fast and efficient cross border payment opportunities for all users.

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Decentralized Search Engine Presearch Tackles Misinformation and Fake News with Time-Stamped Search Results

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Presearch is the first search engine to integrate WordProof’s timestamping, helping people verify and trust online information

Midland, Ontario, Canada — Presearch, a community-powered search engine that protects privacy and delivers more neutral, unbiased results, today announced it will label time-stamped pages in search results, a key component in combating the spread of misinformation online. Presearch is the first search engine in the world to integrate WordProof’s universal blockchain-based timestamping ecosystem, which shows when information was last edited or updated and helps to verify the source, improving trust and transparency on the internet. WordProof time stamping will be added to search results on Presearch.

“We’re very excited to work with WordProof to facilitate more transparent, informative search results on Presearch,” said Colin Pape, founder of Presearch. “By providing tools like WordProof to searchers, we are furthering our mission to empower people with search choice and quality results, while rejecting the bias and manipulation that is all too common online.”

Confidence in the internet is rapidly declining due to fraud, fake news, and privacy concerns. Research shows that 86 percent of people believe they’ve been exposed to fake news. Google accounts for 92 percent of all searches worldwide; search engines act as a gateway to online information, and too often, they act as filters that deliver search results based on biases and algorithms that do not serve people’s best interests. With 2 million registered users, Presearch offers an alternative to Big Tech with a decentralized, node-powered platform that represents the interests of the community and uses blockchain technology to align all stakeholders across a single unit of value, the Presearch PRE Token.

“WordProof is using blockchain technology to create a global standard that helps people verify the origin of the content they find online,” said Sebastiaan van der Lans, Founder of WordProof. “We are proud that WordProof and Presearch are leading by example, proving it’s possible for search engines to create a more trusted web.”

WordProof brings verifiable trust to digital publishing and commerce. Presearch and WordProof have aligned to bring trust to the internet through transparent, unbiased, and verifiable search results; while making it a priority to educate consumers on identifying misinformation as they share their progress in completing the full integration.

WordProof’s Timestamp Ecosystem enables consumers and search engines to verify the source of content, as well as see when content has been changed or updated. Last year, the company received €1 million from the European Commission as the winner of its ‘Blockchains for Social Good’ contest, and a grant from Block.one to scale its service.

About Presearch

Presearch is building a sustainable decentralized search platform that represents the interests of the community, will be open source and transparent, and uses blockchain technology to align all stakeholders across a single unit of value, the Presearch PRE Token. With more than 2 million registered users and 1.3 million searches per day, Presearch is one of the world’s most popular blockchain projects.

About WordProof

WordProof was founded in 2019 and won Europe’s Blockchains for Social Good contest in 2020. The Dutch startup is on a mission to restore trust in the internet. Fraud and fake news make the Internet unreliable. WordProof’s Timestamp Ecosystem now enables consumers and search engines to verify the source of the content. WordProof is advised by Joost de Valk, founder of the world’s most popular WordPress plugin, Yoast SEO.

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We do not endorse or guarantee the accuracy of the information and claims made.

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EmiSwap Combines Best of Gaming and DeFi: NFT Farming on DEX

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Designed to provide high rewards for liquidity providers, EmiSwap will launch gamified NFT farming in Q3 2021

Dubai, UAE — May 5, 2021 — EmiSwap (https://emiswap.com), the first community-governed decentralized exchange (DEX) to provide high rewards for liquidity providers (LPs), today announced their plans to launch gamified NFT farming mechanics on its DEX protocol in Q3 2021. EmiSwap’s NFT farming will feature a new approach to liquidity mining by rewarding users with Ordinary, Uncommon, Rare, Epic, Legendary, or Mythic NFT cards depending on how long and how many assets they stake. Liquidity providers can vest for longer periods to receive significantly larger mining benefits compared to other protocols in the sector.

Despite recent price drops, NonFungible.com reported the average price of NFTs increased significantly during the first quarter of 2021 with over $2 billion spent on NFTs alone. Unlike the traditional NFTs that mainly consist of arts and collectibles, EmiSwap’s NFTs feature the best combination of gaming and DeFi by gamifying NFT farming. EmiSwap’s Magic Card NFTs can be used to maximize earnings, sold on marketplaces, and appropriated as gaming pieces in competitions like Card Wars, a game launching in Q4 2021 inspired by the famous card games Magic: The Gathering and HearthStone. Each Magic Card will provide different rewards including, ESW token bonuses, farm-speeding powers, rare collectibles for Card Wars, and more.

EmiSwap is currently distributing limited-edition NFTs to liquidity providers as an added benefit of their loyalty program. At this stage, NFT items can only be obtained if you supply liquidity and pass Total Value Locked (TVL) milestones that increase in increments of $100,000. The final milestone is $100 million TVL. The campaign consists of 1,000 milestones to serve as a reminder of the ancient Chinese proverb, “A journey of a thousand miles, begins with a single step”.

Last week, EmiSwap announced the successful completion of the Seed round with over $1.4 million raised. The DAO-governed protocol is currently in the private investment round to provide further opportunity for investors who couldn’t participate in the overbooked Seed round. The private round will conclude at the end of May 2021 with the launch of multiple launchpad listings.

EmiSwap is the first project of the EmiDAO alliance and its members who are actively involved in managing and supporting the EmiSwap DEX. The EmiDAO alliance includes Alpha Sigma Capital, DigiFinex Exchange, Bitmart Exchange, Emirex Exchange, HollaEx Exchange, IDCM, and Everest Group.

For more information please visit EmiSwap’s website and Medium.

About EmiSwap

EmiSwap (https://emiswap.com) is the first community-governed decentralized exchange (DEX) that provides high rewards for liquidity providers (LPs) and offers 100% compensation for Ethereum’s transaction fees in $ESW governance tokens. EmiSwap is a decentralized autonomous organization (DAO) in which $ESW token holders vote to govern the developments of the platform. Participants will be rewarded daily based on their trade volume and will have exclusive opportunities to collect EmiSwap’s limited edition NFT cards. EmiSwap is the first project in the EmiDAO alliance which includes Alpha Sigma Capital, DigiFinex Exchange, Bitmart Exchange, Emirex Exchange, HollaEx Exchange, IDCM Exchange, and Everest Group.

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We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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EQIFI and Sheesha Finance Partner to Increase DeFi Accessibility and Global Banking

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Eqifi Partners Sheesha Finance

The partnership will set new standards for decentralized finance, offering single uniform platform services for lending, borrowing, and investing

United Arab Emirates — May 3, 2021 — EQIFI (https://eqifi.com) a decentralized protocol for pooled lending, borrowing, and investing for ERC-20 tokens, today announced a partnership with Sheesha Finance (https://sheesha.finance), the first comprehensive DeFi solution for investors to easily access a variety of projects while solving issues surrounding locked crypto assets. With a shared goal of democratizing financial products, the partnership will improve investor accessibility to various projects in Ethereum’s thriving DeFi ecosystem.

Despite the exponential growth of DeFi and billions of dollars transacted daily, the user experience and contribution process can be complex and overwhelming for investors looking for extensive exposure. EQIFI is powered by EQIBank and users may apply for EQIBank bank accounts, loans, custody, debit and credit cards, OTC, and wealth management, while Sheesha Finance makes DeFi more accessible to mainstream investors by creating easily convertible assets that can be used to gain exposure to new and existing projects in the space.

“The partnership with Sheesha Finance is a new step in solidifying EQIFI as a major player in the DeFi space,” said Jason Blick, Chairman of EQIFI (DeFi) Limited. “Since our launch earlier this month, we’ve seen unprecedented demand. Our team has been tirelessly working around the clock, answering emails and taking calls. Not only are we massively oversubscribed, but we have a considerable waiting list above our hard cap.”

“We are thrilled to partner with DeFi leader, EQIFI, to provide global accessibility to financial products and services,” said Saeed Hareb Al Darmaki, founder of Sheesha Finance. “Our roadmap includes partnering with the strongest projects to grow the DeFi ecosystem with integrity and transparency and we have found a strategic partner in EQIFI, who also supports that vision.”

“As DeFi projects and products mature, we hope to grow our partnership closer,” said Brad Yasar, EQIFI CEO. “Sheesha Finance is increasing accessibility to new DeFi projects with its unique model. This vision aligns well with EQIFI’s goals and we are excited about this partnership.”

Exploding onto the DeFi scene in recent weeks, EQIFI is the first DeFi protocol for ETH, ERC-20 tokens and select fiat currencies, to partner with a fully licensed and regulated digital bank – EQIBank. By harnessing the power of blockchain technology and EQIBank’s network spanning 180 countries and territories, EQIFI is positioned to become an industry world leader, helping to democratize financial products previously only available to the privileged few.

Sheesha Finance is dedicated to bringing full transparency and integrity to DeFi. Sheesha ensures its ecosystem participants can fully benefit by maximizing their exposure to various DeFi projects and rewards. Sheesha Finance is the first DeFi mutual fund that rewards investors of any size, from small to large ticket holders, with unlimited DeFi tokens from a diversified portfolio of projects.

To learn more visit the EQIFI Telegram channel or Sheesha Finance Telegram channel.

About EQIFI Limited

EQIFI (https://eqifi.com/) is a decentralized protocol for pooled lending, borrowing, and investing for ETH, ERC-20 tokens including wBTC, Stablecoins, and select fiat currencies. It will provide a single uniform platform for DeFi products with access* to bank accounts, custody, debit and credit cards, OTC, and wealth management. EQIFI’s infrastructure is optimized for real-time digital interactions, placing the project at the forefront of embracing today’s ever-demanding culture that wishes to embrace the evolution of digital technologies.

Thank you for reading and sharing this article. We appreciate you.

Stay safe and healthy!

Top 5 Cryptocurrencies 2020

IMPORTANT DISCLAIMER

Everything in this article is an opinion, not an advice of any kind. This material has been prepared for general informational purposes only and it is not intended to be relied upon as accounting, tax, investment, legal or other professional advice. Please consult with a professional for specific advice.

We do not endorse or guarantee the accuracy of the information and claims made.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

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