Detroit, Michigan –News Direct– RaiseChain
By Finn Miller
After smashing its presale HardCap ahead of schedule, the Cryptegrity team turns their attention to their upcoming token listing. The world’s first decentralized online escrow platform is set to launch their native utility token $ESCROW on PancakeSwap. Trading will go live on Monday 16 January, with several CEX listings already confirmed.
What is Cryptegrity?
Cryptegrity is a fully decentralized and community governed escrow services platform that facilitates secure and anonymous transfers of funds, data and services by leveraging blockchain smart contracts. Using Cryptegrity, counterparties can easily exchange cryptocurrency, NFTs and other sensitive digital material like source code and creative content without fear of escrow scams or the misdelivery of contracted agreements.
The Cryptegrity platform allows users to save on expensive intermediary fees thanks to automated contracts. What’s more all funds and data are registered on-chain, ensuring unmatched transparency and peace of mind that cannot be provided by traditional, centralized escrow platforms.
The $ESCROW Token
$ESCROW is the native utility and governance token of the Cryptegrity platform and provides holders with a multitude of benefits. Primarily, $ESCROW is used to reward community members of the Cryptegrity DAO who provide arbitration services and resolve potential disputes between users of the Cryptegrity platform.
Additionally, $ESCROW can also be staked to earn passive income through crypto rewards. Built on a model of sustainable long term growth, these rewards are funded by the Cryptegrity dApp itself. Platform fees are collected and actively distributed to stakers and liquidity providers in real time to support the growth of the Cryptegrity ecosystem.
Buy $ESCROW on PancakeSwap
The Cryptegrity Presale has come to close after successfully reaching its 400 BNB HardCap in a matter of days. At a listing price of 50,000 tokens per BNB and initial market cap of $313,296, $ESCROW will begin trading at a mere 10% price increase over the presale rate. This will avoid any instant dumping from presale buyers and help establish a stable price floor for the token’s lifespan.
To assure investor security, token contracts have been audited by TechRate. Initial liquidity will be locked for 180 days following the launch of the token, with multiple centralized exchanges like CoinTiger already prelisting $ESCROW in preparation of the popular launch.
Reinventing Online Escrow Solutions for the Blockchain Era
Despite cryptocurrency and blockchain technology being used more frequently than ever before across multiple sectors, online escrow services are plagued by scams, misdelivery of goods and services and extortionate intermediary fees. Cryptegrity aims to remedy these outstanding issues and provide a seamless and secure platform, providing risk-free exchanges of data, funds and services for everyone.
The Cryptegrity founder has a history of success launching blockchain based applications, with previous tokens reaching over $20M in market capitalization. Don’t miss the launch of one 2023’s most practical and value-driven utility tokens.
This release originally appeared on Benzinga here.
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