CROSS Protocol Secures $10M with Innovative Public Offering
CROSS Protocol Secures $10 Million in Private Token Sale
CROSS Protocol, a pioneer in the blockchain gaming industry, has achieved a significant milestone by securing $10 million in a private token sale. This landmark funding effort also introduces a revolutionary equal pricing model designed to benefit all investors uniformly.
Details of the Token Sale
In total, CROSS Protocol has sold 100 million tokens, accounting for 10% of its total planned supply of 1 billion tokens. Each token has been priced at $0.10, a rate that will be retained for the upcoming public sale.
A Shift in Investment Strategy
According to Henry Chang, CEO of NEXUS, this pricing strategy fosters fairness. "It's fair that passionate early investors pay the same, whether private or public," he noted in a statement. This innovative approach immensely contrasts with traditional practices where early private investors often receive steep discounts.
Promoting a Level Playing Field
CROSS Protocol's commitment to a level and equitable investment landscape sets it apart from many other projects in the crypto space. By eliminating the typical differentiation between private and public investment pricing, the organization aims to establish transparency and build trust within its community.
Advancements in Gaming Infrastructure
The project has been highlighted by global crypto outlet BeInCrypto for its potential to surpass traditional blockchain gaming ventures. This potential is bolstered by its developer-friendly SDK and a robust API that can seamlessly integrate within the gaming economy framework.
Future Prospects of CROSS Protocol
As CROSS Protocol prepares for its public sale, it stands under the watchful eyes of industry experts who are keen to see how the anticipated distribution strategy unfolds. Chang's emphasis, that "actions speak louder than words," reflects the decisive focus on expanding the capabilities of the CROSS ecosystem.
Anticipation in the Crypto Community
With its pioneering business model and extensive support for developers, the crypto community holds high hopes for CROSS Protocol. Stakeholders eagerly await how this initiative will position itself within the burgeoning blockchain gaming market.
About CROSS Protocol
CROSS Protocol operates as a cutting-edge gaming infrastructure that combines Web2 accessibility with Web3 digital asset ownership. It is built on an Ethereum sidechain and is developed by NEXUS, a multi-platform game provider. The governance is entrusted to the non-profit Opengame Foundation located in Switzerland, ensuring a verifiable system of digital ownership. The native token allows for smooth on-chain transactions within a framework designed to align the interests of both players and developers across various gaming environments.
Frequently Asked Questions
What is CROSS Protocol?
CROSS Protocol is a blockchain-based gaming infrastructure that connects traditional gaming with digital asset ownership.
How much did CROSS Protocol raise in its private sale?
The company secured $10 million during its private token sale.
What is the price of the tokens sold?
The tokens have been sold at a price of $0.10 each, which will remain the same for the public sale.
What is unique about CROSS Protocol's investment approach?
It offers equal pricing for both private and public investors, promoting fairness in investment opportunities.
Who is behind the development of CROSS Protocol?
The protocol is developed by NEXUS and governed by the Opengame Foundation.
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