[PRESS RELEASE – Grand Cayman, Cayman Islands, May 30th, 2023]
A decentralized token that will shape gaming as we know it today will launch on the Ethereum blockchain on May 31 with support from key Web3 leaders.
QWAN, a gaming token that enables a decentralized economy for all gamers globally, is launched with the support of the QWAN Foundation and Banger joins The QWAN Ecosystem as the first major gaming platform.
QWAN is a native token for gaming platforms and a sprawling ecosystem of related platforms, hubs, services and communities. With its community-led decentralized governance model backed by the QWAN Foundation, QWAN functions as a shared currency to shape the future of the gaming industry and culture globally through a unified economy. Third parties can integrate The QWAN as an open, 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 participation in various gaming experiences. Through incentives and ownership opportunities, QWAN encourages players to discover ecosystem rewards and participate in community governance processes as part of their organic experience within their daily gameplay.
Players can access various opportunities to earn, trade, own their digital assets, and have a say in the future governance of the broader gaming ecosystem. 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 including Horizen Labs Ventures (HLV), which is the leading provider of Web3 consulting and solutions, supporting some of the most prominent brands, protocols, and startups in the space. HLV’s proven track record 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 gaming economies, driving new utilities and community-led governance that can appeal to existing Web2 gamers,” said Rohan Handa, Founding Member and Vice President. Business Development Senior at HLV. “With the gaming token adopted and integrated by the Banger platform, we believe QWAN can bring the next wave of users to Web3 and boost the gaming industry.”
Banger, the gaming platform and marketplace, will be the first to adopt and integrate the QWAN token and support the vision of the QWAN Foundation. Given the open and permissionless nature of The QWAN, it can be expected that many more players in the gaming industry will join the ecosystem and announce the integration of the token.
“We are delighted that Banger is integrating The QWAN as its key gaming token and offering our players the opportunity to enhance their gaming experience. With The QWAN, our offering becomes unique in the market and allows us to provide gamers with an experience that cannot be found anywhere else,” said Borja Villalobos, CEO of Banger.
The Qwan (QWAN) will be listed on May 31 starting at 10:00 EST on several different exchanges such as MEXC, AscendEX, or BTSE, among others, at a trading price of $0.15
For more information about QWAN and the QWAN Foundation, visit www.theqwan.io
About QWAN
QWAN is a global gaming token that offers community-led decentralized governance. It is designed to empower players and shape the future of the global gaming industry through its decentralized and community-led governance model. The unique QWAN structure enables governance across The QWAN DAO along with spending opportunities and rewards in The QWAN Ecosystem, comprised of gaming platforms, Web2 and Web3 gaming, and other industry players. As an open source and permissionless digital token, QWAN can be integrated into any platform, application or game, serving a passionate and growing community of gamers who know no borders.
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This post QWAN Launch: A Token for the Global Gaming Industry
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