Hong Kong, Dec. 17 — Just after Coinweb has announced its Mainnet Beta phase, the platform is making another significant announcement, the launch of its token, CWEB, initial DEX offer (IDO) on VLaunch — a fully Key Opinion Leader (KOL) backed multichain launchpad, this coming December 23, 2021. This set to answer one of the most frequently asked questions among Coinweb’s growing community.

With inbuilt trading suites, direct swaps, staking services and gamification functions, VLaunch currently supports Ethereum, Binance Smart Chain, Polygon and Fantom with Elrond, Cardano and Solana chains in the upcoming pipeline. Its partnership with the biggest crypto KOL's saw its Telegram community channels grow to exceed 200,000 members in just days of launching.

Toby Gilbert, Coinweb CEO, commented “We chose VLaunch as the host of our public sales simply because we have 100% confidence that they will deliver the requisite attention to the project and help in further building our community contributing to $CWEB’s launch and growth. VLaunch’s multi-chain functionality aligns with Coinweb’s mission, cross-chain interoperability.  Ultimately, $CWEB will be a blockchain agnostic utility token, used to power all the functionality of the platform; allowing users to access any chain without keeping balances of different native tokens. It can be used for gas fees in the Coinweb execution layer, paying brokers for data query proofs, enabling light clients to prove state across different chains; in addition, providing liquidity and security to expedite cross-chain operations.”

Chris, co-founder of VLaunch commented “After 8 months of development, we are happy to disclose our first external project with Coinweb to host their $CWEB token launch on VLaunch. We were immediately blown away when we first heard about its technology and the actual proof-of-concept DeFi projects that had been built on top of their platform. Backed by a team of established KOLs, we know what we are doing and are able to identify tokens with the greatest potential; hence we are excited to be bringing our advice and expertise to ensure the success of $CWEB in the long run.”

About VLaunch

VLaunch is founded by some of the most prominent thought leaders in the blockchain space. Offering a launchpad on multiple chains, Vlaunch’s world-class developers developed inbuilt trading suites, direct swaps, staking services and gamification functions within the ecosystem that display fairness and transparency. VLaunch’s entrance into the space has created an insane amount of hype, gaining a massive following and delivering a strong, solid community foundation in a short space of time.

About Coinweb

Coinweb.io is a layer-two cross-chain computation platform that began its journey in mid-2017. With an impressive line-up of team members and a board of advisers from the worlds of traditional technology, business and blockchain, Coinweb believes they are solving some of the most critical problems that exist within distributed ledger technology today. 



Anton Roos

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