.avalancheavax based Wonderland has made a seed investment in Polygon-based decentralized betting application BetSwap as the 'frog nation' looks to benefit DAO participants. shauryamalwa reports.
Wonderland users , portray themselves as men and women using technology and crypto to capitalize on opportunities, instead of seed rounds and investments mostly benefiting venture funds and well-connected private investors.
Wonderland users who stake assets on the Wonderland platform will receive BetSwap tokens once they are issued. BetSwap allows users to be a bettor or a bookmaker for a variety of markets, such as sports. Its BSGG tokens allow holders to get discounted platform fees and participant in platform governance.
What Wonderland brings to the table is both funds and a dedicated community that interact with crypto protocols. “Wonderland is offering a unique perspective for early projects: the eyes and opinions of a vibrant, fast-growing crypto community which is aligned to its treasury and the success of these early-stage investments by holding the wMEMO token,” developers said in the post.
Among Wonderland’s objectives is to invest in other DeFi protocols using funds staked by its users, in exchange for tokens.
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