With the growth and widespread adoption of Crypto it was always a given that the future of Defi was going to be a decentralized one. But watching everything grow decentralized and watching the spread of Decentralized Finance has been a joy to watch. Watching things like Insurance, Exchanges, Savings, Asset Management, Mutual Funds etc move to Defi further reassures my belief that Crypto and Blockchain are indeed the future.
One Defi project I am super excited about right now has to be Sheesha Finance, because they have effectively decentralized Mutual Funds are and how they invest. Imagine a mutual fund that invests early stage in the best and most innovative Defi projects, which is what Sheesha Finance is and does. With a portfolio of close to 90 Defi projects under their belt the years ahead promise to be good for Sheesha Finance. More than just that, they are shaping up to be a DAO where community members are represented and have a say in what happens and what decisions are made concerning the project.
Under the leadership of one of the biggest Crypto heavyweights in the Middle East, Saeed Hareb Al Darmaki, the project was able to raise close to $10 million from their community during their LGE which happened a little over 3 months ago. In the little time the project has been in existence they have announced some heavyweight partnerships and I am super excited as a community member who invested during their LGE to be receiving these airdrops, Community members will be receiving airdrops from all the projects Sheesha invests in along with Sheesha token rewards.
In just over 3 months, Sheesha Finance has announced partnerships with over 10 projects whose tokens will be airdropped to the Sheesha Finance community members. The projects include; Base protocol, Eqifi, TeraBlock, Zignaly, Mozik, Royale Finance, Plasma Finance, Drife, Splinterlands, SportsIcon, Mercor Finance and Defire. Many of these projects are already big and established names in the Defi industry and I can’t wait to receive airdrops from these projects all for being a Sheesha Finance community member and early investor.
One thing I especially love about Sheesha Finance is the ability for investors to choose whether they want to invest with the Ethereum or BSC version of Sheesha. The team sort of gives the community freewill to choose what chain they want to pitch their tents with. If you are a staunch Ethereum supporter then you can invest in the Ethereum version of the Sheesha tokens. And if you are the opposite and an ardent BSC enthusiast, then you can invest in the Binance Smart Chain version of the Sheesha token. According to the team more chains will be integrated in the future and I am excited for that. Investing in a project like Sheesha is a smart play in my opinion, as you don’t just invest in one project but you open the doorway to be able to get rewards in a ton of other projects. It is definitely one project I’m excited for the long term.
Check out their website to learn more
https://sheesha.finance/