Cryptocurrency platform 2gether has announced the listing of its 2GT utility token on Bounce, a popular decentralized protocol that focuses on auction-style ICOs and NFTs.
According to the announcement, 2gether will be unveiling a presale campaign that will run for seven days and supply 10 million 2GT tokens at a launch price of €0.05.
Afterward, the token will also be issued on Uniswap in March. According to the announcement, 50% of the ETH proceeds from the Bounce issuance will be used for the 2GT/ETH liquidity pools on Uniswap.
2gether noted that the new initiative was in line with its mission to ensure the economic revolution is accessible to everyone. “We want the only existing model for your place in the economic revolution to be built around our token, the 2GT,” it said.
Notably, to participate in the 2gether Bounce ICO, users can use a web browser to access the Bounce campaign. After that, install and connect your wallet after making sure the campaign is live, then accordingly input the amount of ETH you want to swap.
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2gether remarkable growth
Launched in 2017, 2gether has since focused on building 2GT’s utility with the referral program and Founder Plus Programme at its foundation.
The protocol, however, noted that the main driving force in the platform development was its users. Also, 2gether grew 300% over the first six months via the referral program without any kind of paid advertising.
The referral program enables participants to refer 2gether to other people and be rewarded in 2GT. Notably, a total of 15.513.650 2GT has been distributed among the users through the referral program.
Ramon Ferraz, CEO of 2gether in a statement, noted that the platform has been working on increasing the utility of the 2GT token. Also, he mentioned that all protocol activities were in line with European Commission’s regulatory frameworks.
“The crypto boom of the last few months has empowered the company to succeed in its token issuance mission, and the 2021 roadmap brings new initiatives and projects that will add new layers to the 2GT’s utility,” Ferraz added.