Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025

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Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025
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Hyperbridge, a leading blockchain interoperability protocol, has extended its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes in response to overwhelming demand, with over 52 million tokens already sold. The extension provides a final opportunity for participants to join the Hyperbridge network and secure their position within the ecosystem.

Hyperbridge , a leading blockchain interoperability protocol, has announced an extension to its Initial Relayer Offering (IRO) deadline, now set for February 28th, 2025. This decision comes in response to overwhelming demand, with over 52 million tokens out of the total 100 million supply already sold. The extension provides a final opportunity for prospective participants to join the Hyperbridge network, with early buyers still eligible for bonuses.

Hyperbridge's mainnet launch marks a significant step forward in its journey towards revolutionizing blockchain interoperability. The protocol boasts integrations with numerous ecosystems, including Ethereum, Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost, and many others. The Gateway Token Bridge is already operational, enabling secure, scalable cross-chain token transfers, messaging, and state queries. These integrations solidify Hyperbridge's position as a key contributor to the advancement of cross-chain applications.The protocol is set to hold its Token Generation Event in the first quarter of 2025, and participants in the IRO will be among the first to receive their tokens, unlocking opportunities for active engagement with the protocol. With its advanced zk-technology and emphasis on security, Hyperbridge has already witnessed rapid adoption, supported by integrations across major blockchain ecosystems. The protocol's hub model ensures scalability and reliability, attracting developers, DAOs, and DeFi projects seeking robust cross-chain solutions. Regarding the utility of the Hyperbridge token, $BRIDGE, a minimal BRIDGE token fee will be required for transactions. This means that transactions such as cross-chain messages, storage queries, and state reads will utilize the token. Tokens collected as transaction fees will be used to fund incentives and rewards for both relayers and block producers, ensuring a zero-inflation token model. The token will also play a crucial role in governance

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