Coins.ph, YGG Unveil Launchpool for Early Access to Tokens
Local crypto platform Coins.ph partnered with web3 guild protocol Yield Guild Games (YGG) to launch Launchpool, allowing users to earn tokens from emerging web3 projects by locking YGG tokens and stablecoins.
What’s the significance: The collaboration opens up new ways for users to engage with the rapidly expanding web3 space, offering exclusive access to token rewards and providing an entry point into decentralized economies.
Key details:
- Coins.ph, alongside YGG, introduced Launchpool at the YGG Play Summit in Manila on November 21, 2024.
- Through this, users can lock YGG tokens and stablecoins to earn rewards from upcoming web3 projects.
Key quote:
“Launchpool is not just another product, it’s a gateway for our users to actively participate in the growth of Web3. By locking tokens, they’re not just earning rewards — they’re gaining early access to decentralized economies.”
Wei Zhou, CEO, Coins.ph and Coins XYZ
YGG Co-founder Beryl Li also highlighted that Launchpool creates new economic opportunities for users in the growing Web3 gaming ecosystem.
How it works: Through Launchpool, users can lock tokens to earn rewards from upcoming web3 projects and participate in decentralized economies.
What’s next: Coins.ph noted that it will feature promising web3 projects on Launchpool, further expanding its web3 offerings.
The bottom line: Launchpool will not only allow users to access tokens from new projects but they will also be able to participate in the growth of YGG’s Web3 games and ecosystem.
Yield Guild Games (YGG), a homegrown web3 guild protocol, connects gamers and web3 users to metaverse opportunities, with its participation in Launchpool adding value to its token by allowing holders to earn rewards.
- In an interview, Beryl Li discussed the company’s evolution from a gaming guild to a broader protocol focused on integrating gaming, financial freedom, and upskilling,
Worth reading: Recently, Coins.ph accelerated the listing of memecoins, providing early access to trending tokens before they appear on other exchanges, allowing Filipino users to capitalize on potential price momentum and take advantage of the viral nature of memecoin trends.
This article is published on BitPinas: Coins.ph, YGG Launch Launchpool for Early Access to Tokens
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