Gold Coast, Australia, , sixteenth September 2024, ZEX PR WIRE, In a daring transfer set to disrupt the monetary panorama, THAT formally launches as a pioneering Layer-1 blockchain. Designed to exchange money with a universally accessible cryptocurrency, THAT challenges the norm by concentrating on mass adoption past tech-savvy circles. With excessive scalability, strong safety, and near-zero transaction charges, THAT is provided to satisfy the calls for of on a regular basis transactions, aiming to make digital foreign money the brand new customary. As a natively spendable cryptocurrency, THAT allows seamless peer-to-peer transactions, making it sensible for on a regular basis use.
Founder and CEO Bailey Nahi shares his imaginative and prescient on a current podcast: “If you told me that in five years, there’s going to be a cryptocurrency with the most worldwide spendability, accepted by merchants and businesses everywhere, that’s the cryptocurrency I want to be part of now. In five years, we envision THAT as the go-to cryptocurrency, centered on utility and spendability. If we don’t lead the charge, someone else will.”
App Launch and Market Readiness
The THAT app underwent profitable testing within the lead-up to as we speak’s launch, onboarding over 200 companies and 13,000 customers in only a few weeks. Luka, proprietor of Double Zero Italian, shared his expertise: “We used the THAT app during our quietest months and saw our highest revenue intake during that time.” The early testing part demonstrated THAT’s potential to draw companies and customers shortly. The app will relaunch in 4 weeks, coinciding with the complete introduction of THAT as a foreign money, and can function an built-in alternate, digital pockets, stay buying and selling charts, and a service provider listing of companies accepting THAT as a local type of fee.
Regulatory Compliance and Safety
THAT locations a powerful emphasis on regulatory compliance and superior safety measures, making certain customers can transact with confidence. As outlined within the white paper, THAT has been meticulously developed in keeping with compliance and licensing necessities. By leveraging Kaleido’s platform—utilized by international giants like Microsoft and Sony—THAT provides a further layer of safety, scalability, and seamless cross-chain transactions to its already strong infrastructure.
Neighborhood and Future Development
The THAT prelaunch occasion raised $850K and attracted a vibrant group of early supporters and enterprise companions. The roadmap outlines the course for future progress and international growth by way of initiatives resembling the mixing of NFTs, additional improvement of on-line companies, and the implementation of superior monetary instruments. It additionally particulars THAT’s journey and the milestones completed to date. This complete strategy displays a dedication to transparency and gives a transparent imaginative and prescient for the longer term.
For extra particulars and options, go to the THAT white paper
THAT Now Obtainable on Uniswap through Polygon
At the moment’s launch opens the gate to purchase, promote, and commerce THAT on Uniswap by way of the Polygon Community. Early adopters have the chance to profit from potential progress and rewards as THAT expands to extra exchanges and good points broader adoption. Tokens acquired on Polygon through Uniswap can be bridged to the THAT Layer-1 Mainnet utilizing a bridging resolution powered by Kaleido. Go to THAT to be taught extra and be a part of this rising motion.
For media inquiries, please contact:
Evie Adamson
E-mail: advertising@that.international
Multimedia Parts:
For photos and movies go to THAT Media Package.
About THAT:
Based by visionary entrepreneur Bailey Nahi, THAT is devoted to reworking cryptocurrency right into a spendable asset in on a regular basis life. Leveraging a safe, scalable, and quick Layer-1 blockchain, THAT goals to create a digital foreign money that’s so accessible and usable it could actually exchange money and grow to be the mainstream, worldwide foreign money. The corporate’s progressive strategy, supported by industry-leading applied sciences, positions THAT inside the ongoing international shift towards digital monetary options, supporting its widespread adoption and sensible utility within the crypto house.
