MegaX inks blockchain partnership with ARAW to push decentralised payments
MegaX announces today that we have partnered with ARAW to take the decentralised e-commerce sector even further. This is yet another major push that will extend on MegaX’s capabilities and influence in this sector.
ARAW provides end-to-end solutions for e-commerce marketplaces, touch & pay cryptocurrency cards, online crypto payments and unified reward systems on the Ethereum blockchain.
The strategic partnership will ensure that MegaX can ride on the technology advancements and tools that ARAW is building, as well as have MGX used as a payment/utility token on the ARAW platform, which includes banking integration, mobile wallet, crypto exchange integration, and touch-and-go card.
ARAW benefits from the extensive international brand network that MegaX, iFashion Group and its partners have forged, pushing immediate first adopters onto the ARAW platform(s). The ARAW token will also be accepted as a form of payment on the MegaXstore.
MegaX will airdrop a number of MGX tokens to the ARAW community, and both organisations will also swap a limited number of tokens between them to be equally incentivised for the future.
Decentralised, Daily Payments for Every Consumer
The goal of ARAW is to be a part of everyone’s day-to-day online & in-store shopping. This is important for the crypto eco-system as ARAW aims to abstract people away from the technicalities of the blockchain as they go about their daily routine.
By partnering ARAW in this endeavour, MegaX can play an important role in its vendor base, enlarging the ARAW network greatly, and allow greater transaction volume for the MGX token in process.
MegaX in it’s role as a unifying decentralised partner with the merchant network supply
As announced earlier, MegaX will continue to enlarge the community of decentralised marketplaces, payments solutions and more (coming up!), bringing mass adoption to fruition for blockchain and cryptocurrencies.
More Product Development and Release
MegaX fills a much-needed void in the quest for mass adoption, with its retail network and technological-maturity to adopt. MegaXstore is the first successful use-case and we have more news to be released regarding MegaX’s product offering this month. You can soon spend MGX on more interesting concepts.
