MaxxChain, the upcoming Layer 1 Proof of Work (PoW) blockchain powered by the Ethereum Virtual Machine (EVM), is thrilled to announce the successful conclusion of its 2-Phase presale for $PWR coin, the platform's native chain coin. The team witnessed overwhelming demand for their initial offering, resulting in sell outs during both presale phases and amassing a total of over $250,000 USDT.
With the resounding success of the presales, MaxxChain eagerly looks forward to its upcoming listing on its first centralized exchange (CEX) in August 2023. Interested parties can anticipate an estimated opening price of $0.012, an attractive opening price for a Layer 1 blockchain.
Due to presale success, available avenues for acquiring PWR coins before mainnet launch solely remains through the team current pair of $MAXX utility tokens on the BSC and ETH networks. Interested individuals can purchase $MAXX tokens on either network, and stake their tokens to earn PWR coin as rewards. The $MAXX utility tokens, developed and deployed by the Maxx team, will also be listed on MaxxChain (paired with $PWR) following the mainnet launch.
The fully diluted pre-mined market cap for PWR coin is projected to be $12,000,000. However, to enhance the coin's value and attract additional interest, a burn of 60% of the supply is planned shortly after launch. This strategic move will result in a reduced market cap of $4,800,000, amplifying the coin's attractiveness and potential for growth in the market.
MaxxChain's mission is to simplify the crypto space for developers, projects, and users, and as part of their commitment, they will emphasize education for their users while fostering developers and projects in need of assistance. The platform will provide extensive resources through its website and knowledge base, along with programs designed to nurture projects during their early stages of growth.
To stay updated on the latest developments of MaxxChain, Could see the official resources: Linktree: linktr.ee/maxxchain