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​​The Wormhole (W) team presented the project roadmap, while Fezoo (FEZ) Exchange Sparks Interest in the Crypto Market

Jordan Avery by Jordan Avery
April 3, 2024
in Press Releases
Reading Time: 4 mins read
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Amid the launch of its native token, the Solana (SOL) based cross-chain protocol Wormhole has unveiled its project roadmap. meanwhile Fezoo (FEZ) presale offers traders an unparalleled experience in navigating the complexities of the digital asset market.

Wormhole Road Map

According to the map, the launch of W and the further development of Wormhole will include two main phases. The first is the debut of the ecosystem’s native coin as an SPL token on Solana. According to the developers, scalability, low fees and fast processing times will give W a “strong start.” Subsequently, W will be expanded to support the ERC-20 standard.

wormhole-w-fezoo-fez

The second phase combines several events at once: 

-Implementation of Wormhole Native Token Transfers (NTT) for transfers between EVM networks. NTT is an open source framework designed to transfer tokens without liquidity pools. This way, W holders will be able to send assets via Solana, Ethereum ( ETH ) and Layer 2 ( L2 ) networks that support EVM. 

-Lock W for self-delegation. Holders of the native Wormhole coin will be able to lock and delegate tokens on Solana and EVM networks to participate in governance.

-Cross-chain governance. Wormhole’s decentralized autonomous organization ( DAO ) will be made up of W holders and will be available on Solana, Ethereum and EVM-compatible L2 networks upon launch. 

Wormhole (W) token distribution

In a few hours, the W token will be launched. In honor of this event, the Wormhole team announced an airdrop at the beginning of February, during which it will distribute 617 million tokens to more than 400 thousand wallets. Free coins will be distributed among early users on Solana, Ethereum and some other blockchains.

The total supply of W will be 10 billion coins. About 1.8 billion tokens will go into initial circulation. Binance, OKX and Huobi will list the new asset at 12:00 UTC (15:00 Moscow time). In addition, Kraken, Bitget and Gate.io also announced their intentions to open the sale of Wormhole.

According to Whales Market, the asset’s premarket average price is $1.23. If it holds out until listing, the token’s capitalization will be almost $3 billion.

The Wormhole protocol was launched back in 2021. With its help, you can seamlessly transfer funds between different blockchains. Users lock tokens on one network and receive copies of them on another. 

Fezoo (FEZ) Presale Pledges To Transform Trading For Investors

Fezoo offers a swap service where you can exchange various cryptocurrencies without incurring any charges. Moreover, if you possess Fezoo tokens (FEZ), you have the opportunity to influence alterations to the platform through decentralized governance. With Fezoo, users can trade across multiple markets and experience instantaneous withdrawals, all while ensuring that transactions are secure, transparent, and immutable, courtesy of blockchain technology.

wormhole-w-fezoo-fez-presale

Fezoo is presently in its presale phase, with Stage One tokens priced at $0.013. The presale consists of a total of six stages, presenting a limited supply of FEZ tokens. Participants in the presale will receive a share of revenue generated on the platform proportionate to their holdings. As Fezoo aims to evolve into a top-tier cryptocurrency in the future, investing now could potentially yield substantial profits in the future, making it worthy of consideration.

Fezoo (FEZ) Presale benefits

Exclusive access to the Fezoo platform as investors will have the opportunity to trial our trading platform before it is released to the general public.

Revenue distribution is determined by their holdings. 50% of all the fees generated from the Fezoo exchange will be allocated daily in proportion to holdings.

Privileged updates will be provided to all Fezoo presale token holders, offering investors an overview and progress report on how the project is advancing during the presale phase.

Purchasing in Fezoo presale will grant investors a reduced rate compared to the launch price. There are a total of six stages during the presale. The price will escalate as more tokens are sold.

Tags: Blockchain GovernancecryptocurrencyDecentralized FinanceDeFiFezooPresalesolanaTokenomicsWormhole Protocol
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