TOP Network Listed On Binance DEX!
We are excited to announce that TOP Network has been listed on Binance DEX! TOP has been tradable against BNB since 4:00 AM (UTC) on July 18th. This marks the second listing in the same day, coming just hours after the Bithumb Global listing, making it a truly momentous day for TOP Network!
The collaboration between Binance Chain and TOP Network will present mutually beneficial opportunities for both parties. As the first decentralized cloud communications platform with a large existing user base of over 60 million, TOP will bring many users from outside of the crypto space to the Binance platform. This could help to increase liquidity and usage of the Binance DEX. Apart from the benefits of a secure, decentralized trading platform, Binance will offer value to TOP in the form of increased exposure and marketing, what some candidly refer to as the “Binance Effect.”
“As a project committed to the ethos of decentralization, TOP Network is delighted to list on the world’s fastest DEX backed by Binance, the largest cryptocurrency exchange,” said Steve Wei, founder and CEO of TOP Network. “The Binance DEX provides a more secure trading environment for TOP token holders by allowing them to take control of their funds, while offering a user experience comparable to the top centralized exchanges.”
While previous DEXs have yet to gain mass appeal, the Binance DEX is well equipped to be the first massively adopted decentralized exchange. With an increasing number of high quality projects moving to DEXs, and in particular Binance DEX, there is a clear trend towards the increased usage of decentralized exchanges.
DEXs are necessary to maintain the ideal of financial self-sovereignty set forth by Bitcoin over a decade ago, and Binance DEX is leading the charge into a future where decentralized exchanges are on par with their centralized counterparts.
Both TOP Network and Binance are building next-generation public chains. Binance Chain is tailored to support DEX capabilities and act as a launchpad for new tokens, while TOP Network’s public chain is built to provide extremely high TPS for high volume industries such as communications. The two projects will work alongside one another to continue innovating in the public chain area, and share in each other’s respective network effects.
In order to list on Binance DEX, TOP will be migrating from an ERC-20 token on the Ethereum blockchain to the BEP-2 standard on the Binance Chain. Detailed instructions on the migration process can be found here.
Furthermore, to celebrate the new listing, TOP will be holding a trading competition! The details for the competition will be released soon.
About TOP Network
TOP Network is a decentralized open communication network that provides cloud communication services on the blockchain. TOP offers secure, low-cost services such as messaging, calling, video, VPN, CDN, IoT data sharing and more.
TOP Network is also a high-performance public blockchain platform designed to handle real-world business of any size or volume. Powered by innovations including three-layer network, two-layer sharding, two-layer lattice DAG and PBFT-PoS*, TOP can process several hundred thousand transactions per second on the blockchain.
The long-term mission of TOP Network is to build a public blockchain infrastructure for all Dapps. Our world-class team of over 100 developers is striving for this goal.
TOP Network originated from the common underlying network layer of Dingtone, CoverMe and SkyVPN, three communication apps built by the TOP team before the blockchain project. These apps, having attracted over 60 million users in total, will be ported to TOP Network upon the launch of TOP and generate huge volumes of transactions in the TOP ecosystem.
TOP Network was founded by serial entrepreneur Steve Wei and his colleagues in late 2017. Steve was one of the earliest employees of WebEx in the 1990s. After WebEx, he founded a successful video conferencing software company which was acquired by Huawei in 2010. In 2012, Steve co-founded Dingtone, a public listed company operating popular communication apps such as Dingtone, CoverMe and SkyVPN.
TOP Network has closed $15 million early investments from prestigious institutional investors and individual billionaire investors, including DHVC, Fenbushi Capital, NEO Global Capital (NGC), Ontology Global Capital (OGC), LD Capital and more.
Please find more details about our listing proposal here:
TOP Network official website: http://www.topnetwork.org
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