BigShortBets (BIGSB)

Rank #1712

BigShortBets (BIGSB) combines a social and decentralized information marketplace with a futures contracts layer. The project relies on anonymity and cryptography, with ecosystem transactions being linked to the BigSB token within the network.

Social marketplace and information exchange

BigShortBets operates as a platform on the Tor network for investors, focused on the exchange of information between participants. Its operation includes the buying and selling of information and the creation of proprietary spaces, with features similar to social networks, such as groups, timeline, and posts.

To guide the content, there is a community reputation system already in operation, aimed at reducing uncontrolled posts. In the process required for KYC, the only data used is the MetaMask address.

Decentralized futures market

In the second part, the platform seeks to allow the creation of futures (bets) in a fully decentralized way. Users can structure contracts on topics defined by themselves, with execution inspired by exchange mechanisms.

The idea is to enable operations and create environments similar to popular stocks, without interference, and to encourage the participation of arbitrators in bets linked to assets such as NASDAQ, GOLD, and STEEL. Here as well, the basis of KYC remains limited to the MetaMask wallet address.

Security, anonymity, and use of the BIGSB token

All transactions on the platform are protected with the help of the BigSB token. The project also directs what is raised in pre-sale and public sale to liquidity aimed at future arbitrators.

With cryptography and privacy mechanisms, BigShortBets intends to maintain anonymity during the use of the marketplace and the contracts market.