Back to Newsroom
Back to Newsroom

Rewardable Announces v2 Launch on LayerZero, Creating an Omnichain Task-to-Earn Ecosystem

Thursday, 19 September 2024 09:45 AM

DUBAI, UAE / ACCESSWIRE / September 19, 2024 / Rewardable, the pioneering Task-to-Earn platform with over 100,000 verified users, is thrilled to announce its upcoming v2 launch on LayerZero, laying the foundation for an omnichain task-to-earn ecosystem. This breakthrough move enables Rewardable to expand seamlessly from Base to any LayerZero-supported blockchain, including Ethereum, Solana, Polygon, BNB Chain, Avalanche, Fantom, Celo, Hedera, Arbitrum, Near Protocol, Tron, Gnosis, Manta Network, and Blast.

Rewardable introduces unparalleled interoperability, allowing both task creators and Task Ninjas (users) to connect and engage across multiple blockchain networks. The $REWARD token, an ERC20 Omnichain Fungible Token (OFT), will power this ecosystem, ensuring frictionless engagement for participants regardless of which blockchain they are using.

Mario Nawfal, founder of IBC Group and a prominent Web3 investor, has recently made a strategic investment in Rewardable, underscoring the platform's potential to redefine user engagement and task fulfillment in the Web3 space and beyond. This cash investment also includes a media partnership that will further boost Rewardable's visibility across the IBC Group's extensive network on X.

Rewardable for Task Creators: For task creators-whether Web3 projects, brands, or online businesses-Rewardable offers a unique opportunity to drive authentic, bot-free engagement. Projects can launch tasks and micro-jobs directly on the platform, where verified Task Ninjas complete them in exchange for $REWARD tokens. Rewardable's ecosystem spans a range of industries, providing a versatile platform for user acquisition, community building, and marketing efforts. With LayerZero's omnichain capabilities, task creators can reach audiences across multiple blockchains, maximizing engagement and scaling campaigns like never before.

Rewardable for Task Ninjas: For Task Ninjas, Rewardable presents an easy-to-use platform where they can earn $REWARD tokens by completing various tasks, including social media promotion, bug bounties, content creation, and beta testing. Verified through a mandatory KYC process, Task Ninjas ensure quality participation, while the omnichain functionality gives them the flexibility to earn and interact on any LayerZero-supported blockchain.

Introducing IDscore: Rewardable also integrates its proprietary IDscore system, a reputation-based scoring tool that enhances user reliability and task quality. Task Ninjas build their IDscore through successful task completion, social media account verification, and positive ratings from task creators. This system helps task creators target top-performing, trustworthy users, driving better results and higher engagement rates. IDscore adds a layer of transparency and trust to the platform, ensuring that both task creators and Task Ninjas benefit from higher-quality interactions.

Key Benefits of Rewardable on LayerZero:

  • Omnichain Expansion: Rewardable can quickly expand its ecosystem to any LayerZero-supported blockchain, enhancing accessibility for users and task creators alike.

  • Cross-Chain Interoperability: Both Task Ninjas and task creators benefit from seamless interactions across networks, with the $REWARD token powering transactions and engagements.

  • Scalability: With Rewardable's presence across multiple chains, task creators can amplify their reach and access diverse user bases, enabling greater adoption and engagement.

  • IDscore Reputation System: Rewardable's proprietary IDscore system allows task creators to assess and target reliable users based on their reputation, ensuring quality engagement and task completion.

  • Trusted Ecosystem: Verified Task Ninjas ensure authentic, bot-free engagement, improving task quality and user interaction for task creators.

"Launching on LayerZero marks a pivotal step in Rewardable's evolution. It gives us the ability to create a truly borderless task-to-earn ecosystem that spans multiple blockchains, providing users with more opportunities to participate and earn while giving task creators access to a broader, more diverse audience," said Rewardable Co-Founder Josef Holm.

Rewardable's integration with LayerZero opens up a world of possibilities, offering a scalable and robust solution for task-based engagements across the Web3 ecosystem. As Rewardable continues to innovate with its IDscore reputation system and seamless fiat onramp through partnerships like Topper, the platform is positioned to become a major force in the global Web3 landscape.

About Rewardable: Rewardable is a Task-to-Earn platform designed to drive authentic, bot-free engagement for Web3 projects and online businesses. By connecting task creators with a verified community of users, dubbed Task Ninjas, Rewardable ensures high-quality interactions and valuable insights. The platform supports tasks ranging from social media promotion to bug bounties, content creation, and beta testing. With the $REWARD token, a deflationary utility token, and the IDscore reputation system, Rewardable incentivizes participation and fosters a thriving omnichain ecosystem.

The innovative token economy powering Rewardable's ecosystem has been meticulously designed together with 01X Consulting, a world-leading firm specializing in decentralized economic models. With their expertise in sophisticated tokenomics for Web3 projects, 01X has helped Rewardable create a dynamic and sustainable economic framework that can align incentives for all stakeholders within the Rewardable platform. This bespoke economic design not only underpins Rewardable's omnichain expansion but also sets a new standard for task-to-earn ecosystems in the rapidly evolving Web3 landscape.

For more information, visit rewardable.app.

Contact Information:

Company Name: Rewardable
Dubai, UAE
Email: [email protected]
Website: rewardable.app

SOURCE: Rewardable

Topic:
Company Update
Back to newsroom
Back to Newsroom

Contact Us Today


If you have questions or want to learn more about our products, our team’s here to help!

Share by: