Seedworld is gearing up for the highly anticipated launch of its $SWORLD token on October 23, 2024. The token will debut on six different chains and decentralized exchanges (DEXs), showcasing the platform’s multichain approach. The $SWORLD token aims to expand Seedworld’s user-generated content (UGC) ecosystem, which starts with a market capitalization of under $4 million, significantly lower than the average $800 million market cap of other UGC worlds in the Web3 space.
Key highlights of the launch include:
- $SWORLD will be available on Uniswap, Camelot, PancakeSwap, Aerodrome, Raydium, and LFJ.
- Seedworld’s initial market cap is projected to be much lower than industry standards, presenting potential growth opportunities.
- The project will launch on multiple chains but plans to move to its own Layer 1 (L1) network using Avax9000.
Seedworld on Avalanche
Seedworld’s founder explained their decision to choose Avalanche (Avax) as its main chain. The choice aligns with Seedworld’s plan to eventually migrate to its own Layer 1 (L1) network. This move will support its growing user-generated content (UGC) ecosystem. The multichain strategy highlights Seedworld’s focus on scalability and inclusivity. It aims to allow seamless expansion as more users and creators join the platform.
By aligning with the excitement surrounding Avax9000, Seedworld wants to build a dynamic ecosystem. The platform aims to attract brands, creators, and game studios. In parallel with the token launch, Seedworld has been expanding its ecosystem. It incubated 10 AI projects and developed an NFT launchpad. The team also plans to announce new job positions soon. By focusing on partnerships and a solid strategy, Seedworld hopes to build a virtual world that encourages long-term engagement and success.
This article is for informational purposes only and should not be considered as financial advice or an endorsement of the listing or sale of any tokens. Please conduct thorough research (DYOR) before making any investment decisions.
