Taking DeFi Mainstream. Bringing DeFi Investments to #TradFi Investors. Builder of #Cosmos
Updated: September 15th, 2022:
Claim is live: please visit: https://app.rebuschain.com/airdrop
Updated: August 24th, 2022:
We are going to increase the airdrop amount from 25M to 60M tokens
Due to Testnet testing delays and bug fixes:
The token distribution rules are based on how much each blockchain has a positive impact on our project:
When creating Rebus, a lot of our inspiration stemmed from EVMOS which is why it’s imperative we give back to the community.
Users that were staking EVMOS on or before July 14th, 2022, will receive $REBUS based on the following rules:
We will be using the Osmosis platform to launch the Rebus blockchain, a project we believe we can develop further DeFi products with.
Users that were staking OSMO on or before July 14th, 2022, will receive $REBUS based on the following rules:
Atom is the overarching token in the Cosmos network and a great framework to build on top of.
Users that were staking ATOM on or before July 14th, 2022, will receive $REBUS based on the following rules:
Updated: July 15th, 2022
- snapshot: July 14th
- eligibility: staking $ATOM, $OSMO, $EVMOS
- distribution: September 3rd, 2022
- min staked amounts and distribution details TBD
- clarifying if it's validator specific and if all 3 need to be staked OR any one of 3
Original post from July 14th, 2022:
- specific chains announced after July 15th
- min supply, snapshots, and claiming details announced after July 15th
It’s official. The countdown to the $REBUS Airdrop and public coin distribution (PCD) has begun. By early Fall 2022, fellow Cosmonauts will have the chance to be on the leading edge of a platform aimed squarely at growing the entire crypto community by simplifying access to crypto investments and expanding the utility of those crypto assets. If you haven’t already, check out our write-ups regarding the goals of the platform, the products supported by it, why we picked Cosmos, the role of the native $REBUS coin, and how income streams work. While we will summarize some of those finer points, our focus will remain on the Airdrop: Who qualifies? How do I sign-up? How will the distribution work?
As we’ve said before, our mission is to take DeFi mainstream by making crypto investments accessible through traditional means, like asset managers and advisors. So, to rephrase, who benefits from a 4X increase in crypto demand over the next 1–3 years? We’ve boiled it down to a few types:
This should be self-explanatory. If you are holding an asset that is likely to experience a four-fold increase in demand, your asset will rise in value. So, holders of cryptocurrencies (of all types) would be simultaneously supporting and hedging any legitimate crypto assets they hold today by supporting $REBUS.
Asset managers sell financial products to individual investors. Individual investors or “retail” investors have grown dramatically over the last 3–5 years with services like Robinhood simplifying the steps to invest in the market. Rather than watching or discussing how clients are spending money through X protocol or Y exchange, Asset managers can now add such products to their line-up to better retain and attract clients.
Similar to other projects in the Cosmos ecosystem, Rebus solves a straightforward problem for DeFi projects; expanding the total addressable market (TAM). Launching a project into DeFi requires that users follow unique steps, have unique market knowledge, and have the time to manage a separate portfolio from their traditional investments. To date, only about 13% of people are invested in crypto compared to 58–60% that are invested in traditional finance. By being available to investors through traditional means, such projects will immediately benefit from a larger TAM. For more info, check out the details about our Testnet.
These are people who “wish they would have but…” when it comes to crypto investing. Upon launch, they were skeptical and hesitated. Today, they want to diversify into crypto, but just don’t have the time to understand all the steps and want professional guidance into legitimate investments. Even worse, the recent crypto volatility has further shaken the confidence for these crypto-curious people to act. But, if their asset manager or financial advisor offered crypto products resembling their existing portfolio, they’d jump aboard and feel great doing it.
We will release the final requirements and numbers in a couple of weeks, we’re looking to involve existing Cosmonauts, among others, in our mission to take DeFi mainstream. We will announce the specific chains after 15 July as well as the specifics for holding versus staking requirements.
Just as with the minimums, these details will be released in mid-July. Our approach is to weigh the Airdrop based common factors for the involved coins, such as total supply.
Claiming details will be released along with the minimums and airdrop distribution. There will be some action via our web application, which we’re excited to announce...
The Public Coin Distribution (PCD) commences the publicly traded life of $REBUS coins. Initially, $REBUS will be available on a select amount of Centralized and Decentralized exchanges. As our reputation in and outside of the Cosmos ecosystem grows, that list will continue to expand. By publicly releasing our own Coin, we aim to steadily push value into $REBUS through the launch of the first Financial Products, slated for Q1 CY 2023.