The ESCAPE token, focused on Web3 infrastructure, has launched its presale on Ethereum, raising a significant amount of $180,000 in just 24 hours. The project aims to simplify the token creation and analytics processes.
Mission and Vision
According to the team, the world of crypto can be confusing and scattered. ESCAPE aims to create a one-stop platform where users can find all necessary tools for trading and analysis in one place.
Strategy and Development
The development strategy of ESCAPE emerged from practical market experience, initially deploying on an Ethereum Layer 2 solution. After a successful launch with a market cap of $11.5 million, the team transitioned to Ethereum Layer 1 for long-term sustainability. The project emphasizes transparency and accountability, having completed audits by Hacken and verification by Coinsult.
Utilities and Deliverables
The ESCAPE ecosystem powered by the $ESCAPE token includes several key features such as EscapePad for no-code token creation, DEX Viewer for market analysis, and a mobile app. The team also announced a collaboration with PAW Chain for multichain expansion.
ESCAPE represents a promising project in the Web3 space, aiming to simplify cryptocurrency usage and provide necessary tools for users. Its development and plans for multichain deployment could position it as a significant player in the market.
