In a daring transfer set to disrupt the monetary panorama, THAT formally launches as a pioneering Layer-1 blockchain.
Designed to interchange money with a universally accessible cryptocurrency, THAT challenges the norm by focusing on mass adoption past tech-savvy circles. With excessive scalability, strong safety, and near-zero transaction charges, THAT is provided to fulfill the calls for of on a regular basis transactions, aiming to make digital foreign money the brand new normal. 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: “In case you instructed me that in 5 years, there’s going to be a cryptocurrency with essentially the most worldwide spendability, accepted by retailers and companies in every single place, that’s the cryptocurrency I need to be a part of now. In 5 years, we envision THAT because the go-to cryptocurrency, centered on utility and spendability. If we don’t lead the cost, another person will.”
App Launch and Market Readiness
The THAT app underwent profitable testing within the lead-up to in the present day’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 throughout our quietest months and noticed our highest income consumption throughout that point.” The early testing section demonstrated THAT’s potential to draw companies and customers rapidly. The app will relaunch in 4 weeks, coinciding with the total introduction of THAT as a foreign money, and can function an built-in alternate, digital pockets, dwell 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 step 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.
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 similar to the mixing of NFTs, additional improvement of on-line providers, and the implementation of superior monetary instruments. It additionally particulars THAT’s journey and the milestones completed up to now. This complete method displays a dedication to transparency and supplies 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
In the present day’s launch opens the gate to purchase, promote, and commerce THAT on Uniswap by the Polygon Community. Early adopters have the chance to learn from potential development and rewards as THAT expands to further exchanges and beneficial properties broader adoption. Tokens acquired on Polygon by way of Uniswap will also be bridged to the THAT Layer-1 Mainnet utilizing a bridging answer 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: [email protected]
Multimedia Parts:
For photographs and movies go to THAT Media Package.
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 probably exchange money and turn into the mainstream, worldwide foreign money. The corporate’s revolutionary method, 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.