The Archway Mainnet is LIVE
There’s a new kid on the block.
Today marks not only the creation of the Archway Protocol’s Genesis block, but also the dawn of a new economy in web3. For the first time, builders across the blockchain industry will be able to capture the value they contribute through their applications.
The Archway Protocol aims to empower the very creators and maintainers of the Web3 economy: Builders. For far too long, the very people keeping the blockchain ecosystem alive have not been effectively nor accurately compensated for their contributions across the board.
That all ends today, as a new way to build has finally arrived. Archway enables developers to capture a percentage of inflation and gas fees, as well as add a premium to any of their smart contracts. This, in turn, grants developers the ability to reuse these funds in a number of ways, such as incentivizing DAOs, creating free trials, rewarding NFT creators, and much more. Explore more use cases here.
A Vibrant Ecosystem
Launching with over 15 dapps, Archway community members will have access to a variety of wallets, NFT marketplaces, DeFi protocols, and more. Over the course of the next month, over 15 dapps are set to launch. Some of these include Referrals-as-a-Service, EvolvNFT, Mempools, VelocityX, Archgregator, Pipapo, BonusBlock, Vectis, Astrovault, Contract Reward Sharing Management, Architect, and others.
Pipapo, and NFT marketplace and ticketing solution, will use ARCH rewards to incentivize the creators of its NFTs.
Referrals-as-a-Service, an on-chain referral system, will use ARCH token rewards to programmatically reward referees perpetually, creating a self-sustained, automated system of referral incentivization.
This is just the beginning.
What’s next?
The coming weeks have a lot in store for the Archway community. This includes:
The first wave of Archway community proposals, to be discussed on the Archway Community’s Second Governance Call. The call will take place on Wednesday, July 5th.
The first wave of IBC connections will be implemented this week, beginning with the Hub, Axelar, and Osmosis.
The Archway Airdrop will be claimable this week… Stay tuned for the exact date 👀.
… But most importantly, Archway community members will be able to start interacting with Archway dapps! Stay tuned for the full list of launch dapps, which will be released soon™.
Archway is the best way for developers to launch decentralized apps & capture the value they create for the underlying network.
New to Archway? Start here.
If you’d like to stay in the loop with what we’re building — follow along via Our Twitter & Join the Archway community on Our Discord.
The content in this article is for informational purposes only. You should not construe any such information as legal, tax, investment, financial, or any other advice.
ARCH Tokens will be offered only outside of the United States to non-U.S. persons, pursuant to the provisions of Regulation S of the U.S. Securities Act of 1933, as amended. ARCH Tokens will not be registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
