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    Home»Lifestyle»Media OutReach Newswire»Wubit launches WBTT, a “Fair Launch” mechanism to ensure the openness and transparency
    Media OutReach Newswire

    Wubit launches WBTT, a “Fair Launch” mechanism to ensure the openness and transparency

    Kevin LeBy Kevin LeJanuary 17, 2024No Comments3 Mins Read
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    HONG KONG SAR – Media OutReach Newswire – January 17, 2024 – WBTT was recently officially launched, integrating a random mechanism based on the Fair Launch. Using hash randomness, it ensures openness and transparency for users participating in the game and allows inquiries to the blockchain explorer.

    WBTT, supported by Registration Asset Trading’s Wubit infrastructure, is a registration asset that enhances the Fair Launch model. It is brought online in a more interesting and fair way by applying blockchain technology to ensure fairness and randomness in asset acquisition. This approach prevents malicious users from engaging in unfair competition through anomalous means, thereby ensuring fair acquisition of assets for each user.

    Listing is a new asset issuance system, allowing non-Turing complete chain ecosystems to issue assets. The rise of the Inscription track has once again placed the Bitcoin ecosystem at the center of the crypto world. This “Fair Launch” method allows all participants to engage fairly.

    The majority of listing assets are launched via “Fair Launch”. This method is characterized by a “first come, first served” approach to fair mining, treating venture capitalists and retail investors equally. Everyone must actively “run for speed” or “luck” to acquire tokens. This fair launch approach has awakened all stakeholders in the retail sector, leading them to participate enthusiastically in the “Fair Launch” revolution.

    The Fair Launch ideology is advanced and resembles a revolutionary experiment, with retail investors moving from behind the scenes to center stage. However, Fair Launch has weakened the voice of venture capitalists and also provided opportunities for dishonest users (scientists), who engage in unfair competition through abnormal means, harming the rights of honest users. This is the biggest challenge facing Fair Launch.

    The innovation of WBTT lies in the fact that none of the participating users can know the final winner of the game before its conclusion and results are announced. After all, no one can decrypt the hash in advance, leaving bots and malicious users helpless in this model.

    Regarding the WBTT token, as more and more users participate, it will be continuously destroyed, quickly forming a value generation cycle. This provides a significant incentive for all users to participate.

    In fact, WBTT is part of the registration ecosystem supported by Wubit. Wubit has built a suite of infrastructure solutions for listing asset trading, including cross-chain bridges and launchpads, and provides long-term value foundations for various listing projects, supported by the multi-billion dollar market scale of the listing industry. Going forward, WBTT will play an even greater role in Wubit’s listing infrastructure, continually capturing outside value through long-term accountability. The earlier the WBTT is obtained, the higher the expected value gain.

    Hashtag: #Wubit

    The issuer is solely responsible for the content of this announcement.



    Source: Media Outreach Newswire

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