LBank Launches MetaExpand: The Universal Metaverse Expansion Protocol
LBank is excited to announce its second Launchpad project, MetaExpand, which aims to bridge public chains and metaverse applications. The project’s native token, $UMM, will be distributed after the Launchpad ends on September 28 and will be listed on LBank on September 29. This follows the success of LBank’s first Launchpad token, $PINS, which experienced a 20x increase in value.
LBank’s Robust Growth Despite Market Conditions
Despite challenging market conditions, LBank has achieved significant growth. In the first half of the year, the exchange captured a 4.6% share of the market and ranked fifth in CMC’s spot trading volume report. LBank’s strategic decision to welcome memecoins on its platform has also strengthened its position in the market. By carefully selecting quality memecoin offerings, LBank has gained a reputation among enthusiasts of this crypto asset class.
Introducing MetaExpand: Connecting Public Chains and Metaverse Applications
MetaExpand, the second project featured on LBank Launchpad, aims to create a robust bridge between public chains and metaverse applications. The project’s $UMM token will enable seamless integrations across various mainstream public chains, making cross-chain functionality a reality. The protocol also prioritizes privacy by utilizing zero-knowledge proofs for onchain data privacy. Additionally, MetaExpand incorporates sharding and mesh network architecture to efficiently distribute computational and storage resources across multiple chains.
Utility of $UMM Token
The $UMM token serves multiple purposes within the MetaExpand ecosystem. It can be used for fee processing, decentralized governance, and staking. Of the total token allocation, 72% is reserved for ecosystem incentives, 10% for external ecosystem collaboration, 8% for the team, and 10% in reserve. During the LBank Launchpad, 1% of the $UMM supply will be available at an exchange rate of 1 UMM = 0.1 USDT.
MetaExpand’s Flagship Game: Jurassic Virus
Jurassic Virus is MetaExpand’s flagship all-chain game, which showcases the project’s technological capabilities. Players can immerse themselves in an evolving Jurassic era and explore the world of 2050. The in-game currency, called “culture,” can only be obtained by staking $UMM. While “culture” is derived from $UMM, it can only be used within the game, and winnings can be directly converted to $UMM. The LBank Launchpad period concludes on September 28.
About LBank
LBank is a leading crypto exchange established in 2015. It offers specialized financial derivatives, expert asset management services, and secure crypto trading to over 9 million users across more than 210 regions worldwide. LBank prioritizes the security of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
Contact
For further information, please contact [email protected].
Hot Take: MetaExpand Revolutionizes Cross-Chain Functionality and Metaverse Integration
MetaExpand’s launch on LBank Launchpad marks a significant step forward in bridging public chains and metaverse applications. By offering seamless integrations across mainstream public chains and prioritizing privacy through zero-knowledge proofs, MetaExpand is revolutionizing cross-chain functionality. The project’s flagship game, Jurassic Virus, showcases its innovative technology and provides an immersive experience for players. With the success of its first Launchpad project, LBank has solidified its position in the market and continues to attract quality projects like MetaExpand. As the metaverse industry continues to grow, MetaExpand’s contributions will play a crucial role in shaping its future.
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