According to Foresight News, GasZero, a Web3 blockchain infrastructure platform with no transaction fees, has officially launched its testnet Alpha1.0. Co-founders Adam and Dr. Meng (Jery) announced the launch during their keynote speech at the TimeStamp Summit, organized by Cointime in Singapore. The Alpha1.0 testnet is expected to last for 3 to 6 months, during which the team will conduct stress tests and initiate primary ecosystem deployment. The first phase of ecosystem co-construction partners has already begun technical integration.

At the summit, Adam and Dr. Meng (Jery) shared their project's product narrative and technology, proposing a 0Gas solution to address the current Web3 traffic problem. The solution aims to provide users with a smooth Web3 interaction experience, in conjunction with MPC/AA wallets and payment gateways, to overcome the three major barriers preventing large-scale entry of Web2 users into Web3: mnemonic words, fiat currency deposits, and contract interaction gas fees.