$THX Launch Update 🚨 5days left
Last week the $THX Fair Launch Auction started on Copperlaunch.com. It was the world’s first FLA on the Polygon-sidechain using Balancer pools. We’re now at the halfway mark for the launch and we’re very happy to give you an update on how things are going so far.
Close collaboration with the Copper team 🤝
A world’s first rarely goes off without any challenges. This FLA was no exception. In the first week we ran into some unexpected issues due to the volume of traffic (🙌), which caused the the trades to keep loading.
Thanks the Copper team, who were extremely helpful and quick to respond, we managed to get this fixed in no-time. During downtime they were so kind to include a link to the trading on Balancer so users could still get in on the action while the team was working on a fix.
Fair price point in sight 👀
The last 36 hours have been great, as we saw some big transactions in the auction. So far 53% of the available tokens have been purchased which brought the raised funds above the $500K level. At this moment there are 493 $THX holders and we expect many more to join this week.
After a slow decline in price during the first week we’re very happy to see that the auction is gaining traction and many more users are getting to know THX Network, see the potential of the protocol the team developed and joined the launch. This slow decline was expected, as explained in the Mechanics of the Launch article that we published earlier.
Learn more about THX Network and join the launch! 🧑🏫🙋♂️
If you’re interested in joining the launch but aren’t sure how, please refer to our handy how-to guide. To learn about the inner workings of THX Network, read Tokenomics part I, for information regarding distribution and governance check out Tokenomics part II. The article that announces our partnership with SBRecords explains quite a bit on what the THX Protocol can mean for (digital) creators.
THX again to everyone who has participated in the launch so far and to those who’ve reached out to us in our communities. If you want to get in touch as well, check out the links below.
About THX Network
When receiving something nice, the logical reply is “thanks”! That’s why we created the THX Network, a blockchain-powered protocol that allows you to create and embed your own tokens in any app or website, without breaking your brain or bank.
Use cases include loyalty programs, the offering of collectibles by creators, cashbacks, and engagement incentives.
The United Nations Development Programme (UNDP) uses THX Network to reward engagement on their employee and policymaker platform called SparkBlue. Over 70.000 transactions and counting have been performed on behalf of UNDP users using THX Network’s infrastructure!
Let’s meet in our communities
Discord 👾
Twitter 🐦
Telegram ✈️
Or get in touch
Email our team 📧
Schedule a demo ▶️
Investment pitch deck (PDF on Google Drive) 💹
Other resources
Developer docs 📋
Code on Github 🛠️
Audit report 🕵️
Integrations with Slack, Discord and Drupal 🔌
