Bware Labs Launches INFRA Token to Propel Decentralization in Web3 Ecosystem

Bware Labs Launches INFRA Token to Propel Decentralization in Web3 Ecosystem

Bware Labs has recently announced the imminent launch of their INFRA token, scheduled for May 30, 2023, at 10:00 AM UTC. This token launch serves as a reaffirmation of the company’s commitment to becoming a comprehensive solution for high-performance infrastructure services and developer tools that support blockchain builders at every stage of their Web3 journey.

In the ever-evolving landscape of Web3, the principle of decentralization has emerged as a paramount factor. By aiming to dismantle centralized control and foster a more inclusive and resilient ecosystem, decentralization holds immense significance. It is the key to unlocking the true potential of Web3 by distributing power, ownership, and decision-making authority among its participants. In this revolutionary journey, the INFRA token from Bware Labs emerges as a pivotal catalyst, driving the decentralization of blockchain API infrastructure to new heights while ensuring exceptional performance, speed, and reliability.

As the utility token within Blast’s staking and delegation mechanism, INFRA has been purposefully designed to empower individual builders and communities and serve as the cornerstone of Bware Labs’ vision to decentralize access to infrastructure resources.

Blast’s approach to achieving decentralization and permissionlessness involves enabling any blockchain node capable of maintaining the required level of quality to register on the platform. Earning INFRA tokens will incentivize operators to run full nodes on all of the Blast-supported chains, leading to improved node stability, efficient reallocation of unused resources (thereby reducing energy consumption), and lower infrastructure costs. By leveraging INFRA through staking, becoming node operators, or through delegations, members of the Bware Labs community gain the ability to contribute to the network’s growth, hold a share in its rewards, and shape its future direction.

Flavian Manea, Co-Founder, and CEO of Bware Labs, expressed, “The INFRA token serves as the driving force behind the entire Bware Labs ecosystem. It will facilitate the complete transition of Blast API into a permissionless and decentralized platform, fueling the overall growth and development of the platform.”

The total supply of $INFRA tokens has been deployed on the Ethereum blockchain and will subsequently be partially bridged to the Avalanche Chain through the Avalanche Bridge. Set your calendars for May 30, 2023, at 10:00 UTC, and join the journey towards decentralization from day one of INFRA’s listing. $INFRA will be available on various platforms including KuCoin, Gate.io, Bitmart, MEXC, Uniswap, Trader Joe, and xExchange.