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The QWAN Foundation Introduces Gaming Token QWAN for Global Gaming Industry

30.05.2023
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The QWAN Foundation Introduces Gaming Token QWAN for Global Gaming Industry

The QWAN Foundation is supporting the introduction of The QWAN, a gaming token that enables a decentralized economy for all players worldwide, and Banger has been onboarded to The QWAN Ecosystem as the first significant gaming platform.

The QWAN is a native token for gaming platforms, as well as an increasing ecosystem of hubs, services, communities, and platforms. The QWAN functions as a shared currency to determine the future of the international gaming industry and culture via a unified economy thanks to its decentralized community-led governance model backed by The QWAN Foundation. Any application or platform may gain more appeal by integrating The QWAN as an open and permissionless digital token from a third party.

The QWAN develops an innovative gaming environment from the ground up with the goal of empowering players by rewarding their participation in diverse gaming experiences. The QWAN invites players to find rewards across ecosystems and take part in community governance processes as part of their natural experience in their regular gaming via incentives and chances for ownership.

Gamers have access to a number of chances to make money, trade it, own it, and control the direction of the gaming industry as a whole. The Qwan aspires to define the future of gaming from the bottom up rather than the conventional top-down strategy by including all stakeholders and unlocking value across all areas of the gaming industry.

Horizen Labs Ventures (HLV), the premier Web3 consulting and solutions provider, which supports some of the most well-known brands, protocols, and companies in the industry, is one of the partners providing strategic advice for the launch. Names like Yuga Labs, The Sandbox, Jam City, Dust Labs, Animoca Brands, and many more may be found in HLV’s established track record.

“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.”

The first company to embrace and incorporate the QWAN token and support the goals of The QWAN Foundation is Banger, a gaming platform and marketplace. Many more companies in the gaming industry are anticipated to join the ecosystem and announce the integration of the token given the open and permissionless nature 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 begin trading at a listing price of $0.15 on a variety of exchanges, including MEXC, AscendEX, and BTSE, among others.

Visit www.theqwan.io for additional details about QWAN and The QWAN Foundation.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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