May 30, 2023 – Grand Cayman, Cayman Islands
A decentralized token that will shape gaming as we know it today is going live on Ethereum blockchain on May 31, 2023, with the support of key Web 3.0 leaders.
The QWAN a gaming token enabling a decentralized economy for all gamers globally is launching with the support of The QWAN Foundation and with Banger being onboarded to The QWAN ecosystem as the first major gaming platform.
The QWAN is a native token for gaming platforms and an expanding ecosystem of related platforms, hubs, services and communities.
With its decentralized community-led governance model supported by The QWAN Foundation, The QWAN works as a shared currency to shape the future of the global gaming industry and culture through a unified economy.
Third parties can integrate The QWAN as an open and permissionless digital token, increasing the appeal of any application or platform.
Under the hood, The QWAN creates a unique gaming ecosystem that aims to empower gamers by rewarding their engagement in various gaming experiences.
Through incentives and opportunities for ownership, The QWAN encourages gamers to discover rewards across ecosystems and involvement in community governance processes as part of their organic experience within their day-to-day gaming.
Gamers can access various opportunities to earn, trade and own their digital assets and have a say in the governance of the gaming ecosystem’s future at large.
By engaging all stakeholders, The Qwan aims to shape the future of gaming from the bottom up versus the traditional top-down approach, unlocking value across all segments of the gaming industry.
The launch is supported by strategic guidance from partners such as Horizen Labs Ventures (HLV), which is the leading Web 3.0 advisory and solutions provider, supporting some of the most prominent brands, protocols and startups in the space.
HLV’s proven track record includes names such as Yuga Labs, The Sandbox, Jam City, Dust Labs, Animoca Brands and many others.
Rohan Handa, founding member and SVP of business development at HLV, said,
“We are excited about QWAN and its potential to positively impact and shape game economies, powering new utilities and a community-led governance that can appeal to existing Web 2.0 gamers.
“With the gaming token being adopted and integrated by the Banger platform, we believe QWAN can onboard the next wave of users to Web 3.0 and push the gaming industry forward.”
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