[PRESS RELEASE – London, January 17th, 2024]
CoinbarPay unveils revolutionary ecosystem cryptocurrency on XDB CHAIN with Unique Group Airdrop – Pioneering Web3 Retail Adoption
London, 17 January 2024 – CoinbarPay, a chief in the web3 funds, is ready to announce the upcoming launch of a brand-new ecosystem cryptocurrency on XDB CHAIN, marking a important leap in blockchain-based retail applied sciences. The newly launched cryptocurrency, designed as a utility token, with a new rewarding system for each customers and retailers, will enhance crypto cost adoption throughout the CoinbarPay ecosystem.
Celebrating this milestone, CoinbarPay is conducting an unique airdrop to XDB CHAIN and CoinbarPay neighborhood members. This airdrop, that includes the new cryptocurrency, might be instantly credited to XDB Wallets—the first non-custodial pockets constructed on XDB CHAIN. This inaugural airdrop alerts each a thanks to the neighborhood for his or her steadfast help and a dedication to nurturing the ecosystem’s progress.
CoinbarPay’s current collaboration with Binance, integrating BinancePay into its platform, represents a essential development in the crypto funds area. This strategic partnership propels CoinbarPay’s retailers to an in depth consumer base of over 168 million Binance Alternate customers, drastically enhancing the accessibility and utility of digital transactions.
As half of this initiative, CoinbarPay will introduce the first Anchor gateway on XDB CHAIN with the objective to improve multi-chain liquidity on the platform. This pivotal improvement will facilitate seamless on-off ramp capabilities for a numerous vary of belongings, each crypto and fiat. Central to this development is the integration of Binance Coin (BNB) into CoinbarPay’s already intensive portfolio of a number of main cryptocurrencies and blockchains, which incorporates BTC, ETH, USDT, XRP, and XDB. This strategic transfer considerably boosts the platform’s utility and attain, underpinning CoinbarPay’s dedication to including multichain utility to its cost ecosystem.
Anticipating the launch in Spring 2024, in the build-up to this occasion, a collection of joint periods with the XDB CHAIN staff are scheduled. These periods are designed to provide the neighborhood a complete perception into this pioneering initiative, marking a pivotal milestone in the concurrent progress of each the XDB CHAIN and CoinbarPay ecosystems.
About CoinbarPay
CoinbarPay stands as a beacon in the web3 cost panorama, providing end-to-end blockchain-enabled cost options. With a focus on integrating cutting-edge know-how with user-centric monetary providers, CoinbarPay is redefining the boundaries of digital transactions in the blockchain period.
About XDB CHAIN
XDB CHAIN (XDB) is a protocol layer blockchain designed to ’empower manufacturers and shoppers of tomorrow.’ It’s a just lately developed platform aimed toward facilitating quick and inexpensive transfers of shopper digital belongings, together with branded cryptocurrencies, non-fungible tokens (NFTs), and extra. The platform is constructed round the idea of Branded Cash (BCO), that are tokenized gadgets backed by real-world belongings. BCOs inside the XDB CHAIN ecosystem allow companies, organizations, and people to create custom-branded tokens on the XDB CHAIN blockchain, providing sensible functions in the actual world.
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Contact
Advertising and marketing Supervisor
Sara Sciusco
XDB FOUNDATION
media@xdbfoundation.com
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