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ESCAPE Secures $280K as Presale Goes Live on Ethereum
In a recent announcement, ESCAPE, a Web3 infrastructure token, has successfully secured $280,000 in its presale, which went live on the Ethereum blockchain. The impressive feat was achieved within a relatively short span of 24 hours.
The project’s ambitious roadmap highlights its plans to simplify and secure the creation and management of tokens for communities without requiring extensive coding knowledge or reliance on bridges. By providing an all-in-one platform that consolidates various tools, ESCAPE aims to eliminate the need for users to visit multiple apps, ultimately ensuring a more streamlined experience.
ESCAPE has opted for Ethereum L1 as its primary blockchain solution in order to guarantee long-term sustainability and independence. This move is seen as a strategic decision, allowing the team to better address the needs of their user base while maintaining transparency and accountability.
The announcement also highlights ESCAPE’s commitment to security and integrity by engaging expert auditors from Hacken, Coinsult, and SolidProof. As a result, users can rest assured that all transactions are secure and monitored through an open community board.
In addition to its core token functionality, ESCAPE is currently offering a staking program with a competitive 15% APY, thereby providing early supporters with a sustainable means of earning rewards. The team has carefully selected the APY rate in order to foster long-term growth and stability within their ecosystem.
The project’s future plans include integrating PAW Chain, which would enable token creators to deploy identical contract addresses across multiple blockchains, including Ethereum, Solana, Binance Smart Chain (BSC), Arbitrum, Base, and Avalanche. This multichain deployment will eliminate the need for bridges or wrapped tokens, providing users with greater flexibility.
In a statement, an ESCAPE spokesperson emphasized the significance of their endeavor: “ESCAPE is being built to simplify Web3 and restore trust through transparency…The Ethereum relaunch and future multichain expansion represent more than a rebuild – they represent a stronger foundation for creators and communities to launch and grow without limitations.”
It is essential to note that the views expressed in this article do not necessarily reflect those of ZyCrypto, but rather serve as information.
Source: zycrypto.com
