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The QWAN Foundation is facilitating the launch of The QWAN, a gaming token designed to foster a decentralized economy for players globally, with Banger being the first major gaming platform to join The QWAN Ecosystem.
The QWAN serves as a native token for gaming platforms and is part of a growing ecosystem that includes hubs, services, communities, and platforms. It acts as a common currency to influence the future of the global gaming industry and culture through a unified economy, supported by a decentralized governance model led by the community and backed by The QWAN Foundation. Any application or platform can enhance its appeal by incorporating The QWAN as an open and permissionless digital token from external sources.
The QWAN is creating a groundbreaking gaming environment aimed at empowering players by rewarding their engagement in various gaming experiences. Players are encouraged to discover rewards across ecosystems and participate in community governance as part of their typical gaming experience, facilitated by incentives and opportunities for ownership.
Gamers are presented with numerous opportunities to earn, trade, possess, and influence the overall direction of the gaming industry. The QWAN aims to shape the future of gaming from the grassroots level, as opposed to the traditional top-down approach, by involving all stakeholders and unlocking value throughout the gaming sector.
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Horizen Labs Ventures (HLV), a leading Web3 consulting and solutions firm that collaborates with some of the most recognized brands, protocols, and companies in the sector, is among the partners offering strategic guidance for the launch. HLV boasts an impressive portfolio that includes names like Yuga Labs, The Sandbox, Jam City, Dust Labs, Animoca Brands, and many others.
“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 Web2 gamers,” said Rohan Handa, Founding Member and SVP of Business Development at HLV. “With the gaming token being adopted and integrated by the Banger platform, we believe QWAN can onboard the next wave of users to Web3 and push the gaming industry forward.”
Banger, a gaming platform and marketplace, is the first company to adopt and implement the QWAN token while supporting the objectives of The QWAN Foundation. It is expected that many more companies within the gaming sector will join the ecosystem and announce their integration of the token, given the open and permissionless characteristics of The QWAN.
“We are thrilled for Banger to integrate The QWAN as its key gaming token and offer our gamers the opportunity to enhance their gaming experience. With The QWAN, our offering becomes very unique in the market and allows us to provide gamers with an experience that can’t be found elsewhere,” said Borja Villalobos, Banger CEO.
On May 31 at 10:00 EST, The QWAN (QWAN) will commence trading at a listing price of $0.15 across various exchanges, including MEXC, AscendEX, and BTSE, among others.
For more information about QWAN and The QWAN Foundation, visit www.theqwan.io.
