This week has been a very eventful one in the world of crypto, and we haven’t been lagging behind! The most important milestone this week was definitely the release of the full version of the NewsCrypto app, which took place yesterday (February 4th). The hard launch finally brought many much-anticipated features to our app, first and foremost the integration of the NWC token. Now it’s possible to swap in-app credits for NWC and vice versa, meaning that users can earn NWC by playing crypto games, voting in daily sentiment questions, and posting predictions.
The other main update concerns one particular use of the token — namely staking NWC on our platform, where users can earn up to 30% APY, depending on the amount staked and the time period. We ran a staking competition throughout the previous month, and on January 31st we announced the winners and distributed rewards, with a total of 17,000 NWC being awarded to the users that staked the largest amount of tokens.
Going forward, we will continue working on the goals mentioned on our blog and previous posts. We’re hard at work on enabling a cross-chain swap for the NWC token, which will enable users to swap NWC between Stellar, Ethereum, and Binance Smart chain, as well as an update to the NewsCrypto platform that will bring many new features and a completely redesigned look. Now that we’re on three different blockchains, there will also be more DEX listings in the near future, so be sure to stay on top of it all through our social media channels!