iBetYou and Octopus Protocol Announce Strategic Alliance

To strengthen the Octopus Protocol ecosystem and boost the overall momentum, Octopus Protocol has announced partnerships with several VC firms and cryptocurrency projects. To further continue to achieve success, Octopus Protocol has formed a strategic alliance with yet another potentially transformative blockchain project — iBetYou (IBY).

IBY is a DeFi gaming and betting protocol that allows users to create personalized bets with other participants and win an NFT reward in return. It uses technological solutions of blockchain and smart contracts to enable a fair method for betting and challenges. Moreover, the entire process is automated changing the fundamentals with DeFi and blockchain solutions.

The IBY protocol also uses technological solutions revolutionizing the traditional method of engaging with betting, eliminating third-party intermediaries, and enabling a trustless architecture. Octopus Protocol encompasses a similar structure of trustless infrastructure to facilitate unparalleled access and exposure to real-world assets thereby enabling fair access to the financial landscape.

Octopus Protocol and IBY employ similar principles to facilitate revolutionizing solutions for different industries. This helps both innovations to collectively derive the best solutions using technologies like blockchain and smart contracts. The strategic alliance of Octopus Protocol and IBY will help bolster the technological growth of the products. Moreover, it will help in finding the best solutions that allow an optimized experience for their users.

“With IBY, we focus on using the best technological solutions that can help bolster the overall growth and development of Octopus Protocol. We both believe in keeping the communities at the forefront to derive an inclusive process for our respective ecosystems”.

Monk
Co-Founder, Octopus Protocol

About Octopus Protocol

Octopus Protocol, a robust DeFi protocol built on the Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets. Leveraging the technological innovation of blockchain, Octopus Protocol facilitates a platform that offers unparalleled access and exposure to real-world assets, thereby enabling a fair way to engage with synthetic assets and giving equal opportunities to access derivatives.

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