The Asia Blockchain Community, a brand operated under Blockcast.cc will be hosting an AMA session with RAND on 17 November 2021, 10.00 pm Singapore time (GMT +8) on its Telegram channel, https://t.me/Blockcastcommunity.
Rand is an App where you can make your savings grow by creating or joining a Rand party. They produce yield with your deposit and distribute them in form of prizes.
Rand is a way for groups of people to earn more money with their savings. Their mobile app, powered by their yield aggregator focuses on helping Gen Z earn extra money through direct interaction with DeFi markets on autopilot.
They offer two main products where users can make their money work for them.
1. Public Parties
2. Private Parties
The Public Parties are hosted and created by Rand to bring a financial gateway to everybody. Users can gain access by depositing some funds and by the end of the week, all the yield produced by the participants’ deposits get distributed to a number of winners. What’s cool about these parties is that if you don’t win, you can always withdraw your initial deposit.
On the other hand, Private Parties are created between your circle of friends and/or family, where known contacts are invited to pool the funds and earn together for a common goal. With this investment vehicle, groups of people are able to achieve their shared financial goals faster and more effectively.
The Rand yield aggregator (system of vaults) is in charge of producing the yield by providing liquidity to several money markets with the users’ deposits. We believe that this will be the most attractive way for mainstream users to interact with DeFi markets and become liquidity providers (LPs) in a frictionless way.
The Asia Blockchain Community (ABC) is a community based and run by volunteers in Asia. ABC understands the market well and is supported by a panel of blockchain and crypto experts and influencers. The community has hosted more than 50 projects in recent months.
More information on the project can be found at https://www.rand.network/.
