PARTNER ANNOUNCEMENT
Sheesha Finance Partnership Spotlight: Vybit
Sheesha Finance offers a decentralized staking platform that provides solutions for crypto portfolio diversification and rewards across the DeFi, GameFi, NFT and Metaverse space, allowing token holders to become early investors in some of the hottest projects in the Crypto industry.
Today, we are excited to be announcing our latest partnership with Vybit (https://vybit.app/)
Vybit is the new social media app that gives value back to its users and creators. Building the future of social media, Vybit view content and interaction as value, and for every like received or video created, users on the platform will earn “Vibes,” the platform’s in-app token.
Revolutionizing social media through Blockchain technology, Vybit allows users to directly earn an income for the value that they add to the Vybit community with the content they create and share, connecting with friends and family on the platform.
Instead of users being monetized and exploited as a product, as is the case with current social media platforms, Vybit treats their users fairly and respectfully, compensating for the value added by users to their platform. Vybit provides the unique opportunity for users to actually “own,” content and interactions; from tags through to the integration of NFTs on the platform. This allows user content to be featured at the top of the owned hashtag, and that user will receive “vibes,” every time that hashtag is used.
“The team at Vybit have created an incredible platform that stands to fundamentally change the ways in which users engage and interact with social media. Through the use of Blockchain and NFTs, Vybit has created a social media platform that respects and compensates user engagement, creating an environment for what social media should have been all along. We are very proud to be able to partner with and be part of the Vybit journey on this long-overdue revolution needed to the social media industry.” Says Sheesha Finance CEO, Saeed Al Darmaki.
About Vybit
Vybit is so much more than just another social media site, it is a social journey where users can create high-quality content, share memories, connect with friends and receive income from the value that users generate. Vybit rewards users simply for being a part of the platform and contributing to the community.
Vybit democratizes the concept of earning money through social media by empowering every user to be financially rewarded for their engagement, interactions, and the popularity of the content they create. Through the rewards mechanism, users are rewarded based on their Impact score, which is a measure of engagement, interactions and popularity. This ensures that the total rewards distributed are shared proportionally with those driving the most engagement on the platform.
Instead of, “likes,” users can hand out and share “vibes,” to their friends, family or favourite content creators. Vibes can be redeemed for the native cryptocurrency $VI at any time with the Vybit wallet on the website, then traded to other digital assets or local currency. Built on the highly secure, and cost-efficient Solana network, Vybit is creating a new way for users and content creators to share their vibes online.
About Sheesha Finance
Sheesha Finance is a leading decentralized staking platform that allows for premium cryptocurrency portfolio diversification and rewards. Sheesha Finance rewards investors of any size, from small to large ticket holders, with unlimited DeFi tokens from a diversified portfolio of projects. Sheesha Finance’s easily convertible assets can be freely utilized to maximize rewards and gain exposure to existing and upcoming DeFi projects. With plans to become a member-managed Decentralised Autonomous Organization (DAO), Sheesha Finance is dedicated to upholding full transparency and integrity within the DeFi space.
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