Hyperbridge Extends Initial Relayer Offering, Sells 52 Million Tokens
In an exciting development in the world of blockchain technology, Hyperbridge, based in Zurich, Switzerland, has decided to extend its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes on the heels of the successful launch of its mainnet and Gateway Token Bridge, with the company already selling over 52 million tokens out of the total 100 million supply.
Early Buyers Eligible for Bonuses
Early participants who joined before the initial deadline secured a remarkable 50% token bonus, showcasing Hyperbridge’s commitment to rewarding early adoption. There is still a limited opportunity available for participants to receive a 15% bonus on their token purchase. This extension offers a unique chance for prospective participants to become part of the Hyperbridge network and benefit from these bonuses before the Token Generation Event in Q1 2025.
Transformation of Blockchain Interoperability
Hyperbridge’s mainnet launch signifies a significant step forward in its mission to revolutionize blockchain interoperability. With integrations across various ecosystems including Ethereum, Optimism, Arbitrum, and more, Hyperbridge is at the forefront of advancing cross-chain applications. The live Gateway Token Bridge enables secure and scalable cross-chain token transfers, messaging, and state queries, positioning Hyperbridge as a key player in the industry.
Utility of the Hyperbridge Token, $BRIDGE
The Hyperbridge token, $BRIDGE, plays a crucial role in the ecosystem. A minimal BRIDGE token fee is required for transactions such as cross-chain messages, storage queries, and state reads. These transaction fees fund incentives and rewards for relayers and block producers, ensuring zero inflation for the token. Additionally, the token will be used for governance within the network.
As Hyperbridge continues to expand its reach and solidify its position in the blockchain space, the extension of the IRO deadline presents a final opportunity for supporters to join the network and engage with the protocol. This development marks a significant milestone for Hyperbridge and sets the stage for further growth and innovation in the coming months.
So, have you ever considered investing in blockchain technology? The world of cryptocurrencies and decentralized applications is evolving rapidly, with companies like Hyperbridge leading the way. By participating in the Initial Relayer Offering, you not only get a chance to be part of a cutting-edge network but also avail exciting bonuses. Don’t miss out on this opportunity to shape the future of blockchain interoperability with Hyperbridge!