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 focusing on mass adoption past tech-savvy circles. With excessive scalability, sturdy safety, and near-zero transaction charges, THAT is supplied to fulfill 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 permits 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 right now’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 section demonstrated THAT’s potential to draw companies and customers rapidly. The app will relaunch in 4 weeks, coinciding with the complete introduction of THAT as a foreign money, and can characteristic an built-in change, digital pockets, stay buying and selling charts, and a service provider listing of companies accepting THAT as a local type of cost.
Regulatory Compliance and Safety
THAT locations a robust 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 consistent 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 sturdy infrastructure.
Group and Future Development
The THAT prelaunch occasion raised $850K and attracted a vibrant neighborhood of early supporters and enterprise companions. The roadmap outlines the course for future development and international enlargement by initiatives resembling the combination of NFTs, additional growth of on-line providers, 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 offers a transparent imaginative and prescient for the long run.
For extra particulars and options, go to the THAT white paper
THAT Now Out there on Uniswap by way of Polygon
Right this moment’s launch opens the gate to purchase, promote, and commerce THAT on Uniswap by the Polygon Community. Early adopters have the chance to profit from potential development and rewards as THAT expands to extra exchanges and beneficial properties broader adoption. Tokens acquired on Polygon by way of 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 part of this rising motion.
For media inquiries, please contact:
Evie Adamson
Electronic mail: advertising and marketing@that.international
Multimedia Parts:
For photographs and movies go to THAT Media Equipment.
About THAT:
Based by visionary entrepreneur Bailey Nahi, THAT is devoted to remodeling 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 might exchange money and turn into the mainstream, worldwide foreign money. The corporate’s progressive strategy, supported by industry-leading applied sciences, positions THAT throughout the ongoing international shift towards digital monetary options, supporting its widespread adoption and sensible utility within the crypto area.
