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Home Press Release

Unleashing the “Waking Giant” Layer-1 Blockchain With A Significantly Bright Future | NewsBTC

May 27, 2023
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Unleashing the "Waking Giant" Layer-1 Blockchain With A Significantly Bright Future | NewsBTC
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GLITCH Is Positioned To Make A Mark In DeFi

Singapore : Glitch Protocol layer-1 DeFi blockchain is a “waking giant”, poised to disrupt the industry with its groundbreaking features and unparalleled potential. GLITCH is preparing for a momentous leap forward and welcoming builders into the ecosystem. The project stands on the verge of a significant growth phase, with traders eyeing its token, GLCH, with the potential for more than 20x returns. This surge in optimism is fueled by the recent deployment of native smart contracts on the mainnet, inviting a wave of developers into the ecosystem. The awarding of Grants is a much-needed boost to these builders, further strengthening the project’s potential for future success.

The Glitch ecosystem is set to soar even higher with the upcoming introduction of a Launchpad, NFT marketplace, and the Glitch Decentralized Exchange (GEX). With Glitch Grants exceeding $50,000 already awarded to nurture the development of innovative dApps building on the network, Glitch is on the verge of an unprecedented transformation. With everything in the pipeline, it’s easy to imagine a developing ecosystem that users can be proud of.

Limitless Potential on the Glitch Blockchain

Glitch is on the brink of a remarkable breakthrough, unlocking endless possibilities for developers, entrepreneurs, and enthusiasts. With native smart contracts already available, Glitch enters a new era of innovation, enabling cutting-edge decentralized applications (dApps) deployment. Leveraging Glitch’s dedicated infrastructure, developers can enjoy unparalleled freedom to create disruptive money market dApps that transcend limitations and redefine user experiences.

With a relentless focus on scaling a parallel financial system, GLITCH delivers a blockchain operating system tailored to the demands of DeFi. Glitch Finance drives decentralized financial applications’ mass adoption, offering millions of active users a cost-effective and user-friendly experience.

At its core, Glitch provides developers with a robust and adaptable platform, laying a solid foundation to transform ideas into reality and deliver high-performing dApps. As developers build on Glitch, they confidently pioneer new frontiers, forging ahead with innovative solutions that captivate audiences and new revenue streams.

Launchpad Partner on Glitch

Glitch is embarking on an exciting partnership that will introduce a dynamic launchpad on the GLITCH blockchain, reshaping the token sale experience by implementing automated sales with prices determined by supply and demand principles.

Through this strategic collaboration, Glitch will empower projects in the space to raise funds while allowing individuals to participate in their growth. This exciting venture will cultivate an ecosystem of trailblazing dApps, pushing the boundaries of innovation and paving the way for a new era of possibilities on the GLITCH blockchain.

On GLITCH, projects have the unique advantage of launching directly via Launchpad. This offers developers substantial funding opportunities, providing resources supporting and sustaining their projects for years.

Native NFT Marketplace

Glitch is taking strides into the future of digital art and collectibles by actively developing a native NFT marketplace right on the GLITCH blockchain. This revolutionary platform is set to redefine the NFT experience for artists and collectors alike. With an integrated NFT minting tool, artists will effortlessly transform their artwork into unique digital assets. Picture a user-centric marketplace that makes discovering, buying, and selling NFTs a breeze. Recently released screenshots reveal the envisioned aesthetics and functionalities of the marketplace, demonstrating the work the Glitch team is actively pursuing.

What sets Glitch’s marketplace apart is its commitment to affordability and accessibility. Leveraging the scalability and efficiency of the GLITCH blockchain, the platform totes a cost-effective alternative to traditional marketplaces, eliminating exorbitant fees and network congestion. Glitch’s NFT marketplace aims to streamline the process, empowering artists and collectors to engage with digital art without unnecessary financial barriers. This fresh approach to NFT marketplaces is set to catapult Glitch into a leadership position in the industry.

Native Glitch Decentralized Exchange (GEX)

Through the Glitch Decentralized Exchange (GEX), Glitch aims to redefine the trading landscape, prioritizing decentralization, transparency, and user empowerment. Defining itself from traditional exchanges that compromise on decentralization and transparency, the Glitch Decentralized Exchange (GEX) is designed from the ground up to embody the core principles of blockchain technology.

Operating on a truly decentralized framework from governance to IPFS hosting. The community drives GEX’s governance, with users electing council members who serve as the people’s voice. This democratic approach ensures that user interests are at the forefront of decision-making.

GEX token holders will play a crucial role in the platform’s governance. By owning GEX tokens, users have the power to vote on governance proposals, making GEX a decentralized autonomous organization (DAO) from day one, ensuring that decisions are made collectively, driven by the wisdom of the token holders.

GEX MVP will offer a simple yet powerful trading experience during its initial launch phase. Users can participate in token swaps using GLCH, the native currency of Glitch, as well as popular wrapped ERC-based tokens. As the platform evolves, GEX will gradually expand its token offerings, including a growing list of native dApp tokens that launch on GLITCH—opening a world of possibilities for traders and investors seeking exposure to innovative projects within the Glitch ecosystem.

Glitch for the Future

Glitch Protocol layer-1 blockchain’s forward-thinking approach extends beyond individual components; it aspires to create a robust ecosystem of revenue-sharing dApps. By integrating a sustainable revenue-sharing model and incentivizing developers and entrepreneurs to contribute to the ecosystem’s growth, Glitch empowers individuals to create sustainable revenue streams and drive the platform’s expansion.

In the context of its immense potential, Glitch has caught the attention of investors seeking remarkable returns. With its unique features, visionary roadmap, and partnerships, Glitch has the potential to surge to unprecedented heights, potentially multiplying investments by 20 times or more.

Glitch is the sleeping giant of the blockchain world, ready to awaken and redefine the industry. With the upcoming Launchpad, NFT marketplace, and DEX, Glitch is positioning itself as a force to be reckoned with. Brace yourself for a future where possibilities are limitless as Glitch emerges as a frontrunner in the world of Layer-1 blockchain technology.

This article is for informational purposes only and does not constitute financial advice.

 

 





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