Cryptocurrency

Major milestones of iOWN Token in Q1

An incredible kick off to the 12 months with a number of main bulletins for the iOWN Token in Q1, as issues are shaping up for the subsequent quarter and the iOWN ecosystem is edging nearer to be massively adopted and utilised in a number of innovated areas, we’ll evaluate completed milestones and upcoming bulletins for subsequent quarter.

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iOWN are thrilled to announce a serious improve to the iOWN Pockets. Implementation of a number of bug fixes, and optimization to the app to make sure essentially the most appropriate consumer expertise. The most important enchancment to the pockets is the brand new dual-chain assist; Ethereum and BNB Chain. Together with a list of secure cash and utility tokens.  

The brand new integration of the BNB Chain will enable for considerably decrease transaction charges in comparison with the Ethereum Community, consequently, the iOWN Token will run solely on BNB Chain in the meanwhile.  

As a multi-utility pockets, newly listed tokens can be found so that you can purchase, obtain, ship and retailer. The tokens & cash out there on BNB Chain are IOWN, USDT, BUSD and BNB, in the meantime working on the Ethereum Community, the out there token and cash are USDT, USDC and ETH. Switching between the 2 networks (Ethereum and BNB Chain) is straightforward and accessible by clicking the bi-directional arrows on the highest proper of the app.

Twin Chain Improve

Contemplating the iOWN neighborhood request for a extra dynamic expertise using the token, iOWN are excited to announce a serious improve to the iOWN Token that offers you “the token holders” an answer to present scalability hurdles with Ethereum and assist their targets.

iOWN Token will migrate from Ethereum Blockchain to BNB Chain, previously generally known as “Binance Good Chain” contemplating the decrease transaction charges averaging between $0.3 to $0.6 price of BNB in comparison with Ethereum fuel payment of $5 to $40 price of ETH. The BNB chain may even enable iOWN to combine with DEXs resembling PanCakeSwap that may open alternatives to a high-volume decentralized market. The utility of token and its ecosystem will function easily permitting iOWN token to be effectively utilized as imply of fee benefiting from a low transaction payment excessive transaction pace and managing crowdfunding campaigns on the blockchain.

iOWN will situation present token holders with the brand new Tokens on the iOWN Pockets. The swap of previous iOWN Token (ERC-223) and New iOWN Token (BEP-20) distribution of 1:1 ratio (previous:new) will happen earlier than the 4th of April 2022. Holders of the previous iOWN Token storing the tokens on third get together wallets resembling MetaMask may even obtain the brand new tokens so long as they activate the Binance Chain on their pockets. Tokens circulating on exchanges may even be swapped to the brand new tokens.

iOWN Token CertiK Audit

The token’s profitable audit was accomplished on March 15, 2022, attaining a excessive safety in the industry-standard audit on Certik’s platform – a number one good contracts audit agency permitted by CoinMarketCap. General, CertiK really helpful just a few technical enhancements and the iOWN technical crew insured that every one essential, main, and minor points have been assessed, acknowledged, and resolved by implementing the suggestions and updating the codebase. After finalizing the audit, iOWN Token is now invulnerable to widespread safety points prevalent in the {industry}.

The audit was a core requirement for the brand new iOWN Token contract on the BNB Chain, to make sure the standard and progress of the iOWN ecosystem.

Decreased Token Provide

The Max Provide on the Ethereum ERC-223 contract was 450M tokens, with the brand new upgraded BNB Chain contract, iOWN are happy to announce that the brand new max token provide shall be 350M (100M token burn). By eliminating 100 million tokens from provide, iOWN is displaying intent by offering transparency that results in a constructive course and development for the token.

To conclude, iOWN Token has had a progressive begin to 2022 by attaining all set targets for the primary quarter, due to the ever-expanding crew of builders, advertising and enterprise improvement executives making certain that every one the milestones are achieved and delivered to the iOWN neighborhood with a transparent imaginative and prescient of the twond quarter specializing in the utilization of the token.

New Change Itemizing

Because the iOWN Ecosystem continues to develop in functionality and options, extra exchanges are taking discover of this dynamic token. Coinsbit has joined the ranks of exchanges to listing the iOWN Token, turning into the third change to supply iOWN to its customers! 

From real-estate, fairness crowdfunding and extra, the iOWN neighborhood understands the enchantment of the IOWN ecosystem and what’s getting constructed and extra folks discovering IOWN every day, the token is predicted to enchantment to the Coinsbit customers with the buying and selling pair of IOWN/USDT.

IOWN is now out there on 3 completely different exchanges: Coinsbit, Latoken and P2PB2B and a number of other extra tier 1 & 2 change listings on the horizon.

Disclaimer: It is a paid publish and shouldn’t be handled as information/recommendation.

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