The QWAN Foundation introduces The QWAN, a gaming token that enables a global decentralized economy for all gamers, which will be listed on various exchanges today at 2:00 PM UTC.
The QWAN Foundation, a non-profit organization that supports the development and innovation of blockchain technology in the gaming industry, has announced the launch of the QWAN gaming token.
The QWAN is a native token for gaming platforms and an expanding ecosystem of related media, hubs, services, and communities. It shapes the future of the global gaming industry and culture through a unified economy.
Moreover, The QWAN is an open and permissionless digital token that can be integrated into any platform, application, or game, catering to an unlimited community of passionate and becoming gamers.
QWAN token creates a unique gaming ecosystem to empower gamers by rewarding their engagement and ownership in various gaming experiences.
The token also encourages gamers to discover rewards across ecosystems and participate in community governance processes as part of their organic gaming experience.
The first significant gaming platform to join The QWAN ecosystem is Banger Games, a marketplace also. The QWAN Foundation and HLV provide support for Banger Games.
Banger Games has a strong history of collaborating with well-known gaming entities such as ESL Gaming, DreamHack, Fnatic, G2 Esports, Team Liquid, NRG Esports, etc.
The QWAN also seeks to shape the future of gaming from the bottom up versus the traditional top-down approach, unlocking value across all gaming industry segments.
Decentralized Community-Led Governance Model
The QWAN Foundation supports the decentralized community-led governance model, which enables governance through The QWAN DAO, a decentralized organization that allows stakeholders to vote on The QWAN ecosystem’s decisions.
The Foundation also partners with Horizen Labs Ventures (HLV), the leading Web 3.0 advisor and solution provider, to provide strategic guidance to The QWAN ecosystem.
HLV’s proven track record includes names such as Yuga Labs, The Sandbox, Jam City, Dust Labs, Animoca Brands, and many others.
Rohan Handa, founding member and SVP of business development at HLV said:
“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 Web 2.0 gamers. With the Banger platform adopting and integrating the gaming token, we believe QWAN can onboard the next wave of users to Web 3.0 and push the gaming industry forward.”
QWAN’s listing on multiple exchanges, including MEXC AscendEX BTSE, will take place today at 2:00 PM UTC. The QWAN will be listed for $0.15 per unit.
