Friday, May 31, 2024 7:16:12 PM
Project Evaluation: The platform evaluates potential projects for their utility and scalability requirements, ensuring that only promising and viable projects are considered for liquidity pool services and CEX listing.
Initial Liquidity Pools: It provides initial liquidity pools for decentralized networks, which is crucial for supporting blockchain utility and tokens. This service is essential for new projects that require liquidity to facilitate trading and growth.
Token Acquisition: In return for providing liquidity pool services, Himalaya Technologies receives project tokens as the primary consideration. This allows the company to share in the success of the projects it supports.
Mitigating Selling Pressure: The platform’s services and technology are designed to mitigate selling pressure on new tokens, which can be a significant challenge for projects at launch. By reducing this pressure, the platform helps to stabilize the project’s token price and enhance its market performance.
Revenue Recognition and Utility: The success of client projects contributes to the revenue recognition for Himalaya Technologies and enhances the utility of the Everest token itself. This creates a symbiotic relationship where the success of one benefits the other.
These benefits are part of Himalaya Technologies’ strategy to complete its Web3 projects in social media, crypto, and other sectors, aiming to punch them into the endzone and deliver on their substantial opportunities for growth.
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