Today, Coinstore announce the listing of AmazeToken (AMT), the utility token that powers the Web3 super app and mobile blockchain. The token is soon available to trade on the Coinstore exchange.
Utility token for ambitious Web3 ecosystem
Minted on the Layer 1 mobile AmazeChain, the token is primarily used within AmazeWallet, an upcoming Web3 super app that integrates a number of unique features. Smartphone users of the app act as validator light nodes, securing transactions on the network in return for AMT rewards. The team behind the technology, who come from companies like Dell, Tencent and Google, have outlined a 5+ year ambitious roadmap that includes a developer platform, payment gateway, and exchange. They have already obtained a money services MSB license in Canada.
Join an early Web3, crypto and NFT community
The app has something for everyone in Web3, with a self-custodial wallet for people wanting to store tokens securely, and a swap platform for people looking to trade. Gas-free NFT minting on their native chain and an NFT marketplace are aimed not only at art lovers, but also brands, with utility NFT partnerships in the pipeline. The project has an active Discord and holds regular community events. Over 70,000 wallets were created on AmazeChain in just six weeks after coming out of stealth mode.
Buying AmazeToken from Coinstore exchange
AMT, used for everything within the app from sending/receiving crypto, mobile mining, earning NFT royalties, buying art and more, is initially listed on Coinstore, with a total supply of 200 million, of which 55% are for a community reserve fund, and a current circulation of 10 million. Full tokenomics for the app token can be found in the whitepaper, at amazewallet.com. AMT/USDT trading pairs are available for investors wishing to benefit from this new listing.
What is AmazeWallet and what are the roles of AmazeWallet Token (AMT)?
The AmazeWallet team believes that the current global infrastructure is inefficient and insecure, and providing everyone with open access to the Web3 world in a decentralized manner is the key to building an efficient and secure network environment. To this end, AmazeWallet has developed an encrypted application of the same name, which integrates multiple functions such as self-custody, multi-chain encrypted wallet, messaging, NFT market, and dApp browser. According to the project, the app is available on Android and iOS, supports multiple coins and tokens, private keys can be kept secure through quantum cryptography, and all smartphone users can act as validating nodes for transactions within the AmazeWallet ecosystem.
The native token of the system is AmazeToken (AMT). AmazeToken is the basis for Amaze to create applications and is a multifunctional token for users to interact with different functions of the AmazeWallet ecosystem, including the AmazePay payment system (currently under development), AmazeExchange, AmazeMine DeFi platform, Amaze NFT marketplace, and Amaze Messenger.
In addition to releasing user applications, AmazeWallet is currently building a layer 1 blockchain-AmazeChain. The team also plans to launch a dApp platform that will allow other developers to build applications based on their technology in the future.
AmazeWallet Token Overview
Token Name: AMT
Total Supply: 200M
Total Circulation: 10M
Trading Pair: AMT/USDT
Trade Time: TBA
Withdrawal Time: TBA
What are the utilities of the AmazeWallet Token (AMT)?
Payment: All marketplace purchases, payments, and rewards within AmazeWallet are settled using AMT. AMT is used to reward users and validators, and as a unit of account for buying and selling NFT.
Amaze Foundation: A total of 110,000,000 AmazeTokens will be invested in the community reserve fund managed by the Amaze Foundation to support the research and development of the AmazeWallet ecosystem.
Connect2Earn: Smartphone users act as mobile blockchain light nodes to create value by providing key verification services for the AmazeWallet ecosystem. Rewards will be settled in AMT.
Amaze Dao: After the launch of DAO, AmazeToken will act as a governance token. AmazeToken holders will gain control over future changes to the Amaze protocol and the ability to vote on system updates.
Transaction Fee: The transaction fee in AmazeToken is settled by AMT. Half (50%) of all transaction fees collected will be permanently burned to reduce the total supply.
AmazeWallet Token’s Allocation
AMT tokens Allocation
AmazeWallet Official Media
Website | Twitter (@AmazeWallet) | Telegram |Discord
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