Easy to use and powerful tools, powered by the utility-memecoin SQUIDGROW
SquidGrow is a new Web3 platform that taps into the various product categories like DeFi and NFTs, allowing creators to mint, trade and showcase their digital assets securely. Moreover, the platform aims to launch a variety of products to cater to all kinds of Web3 users, enthusiasts and investors.
With SquidGrow, crypto billionaire Shibtoshi is looking to disrupt the status quo in Web3. The platform already offers a variety of products and services, including a decentralized exchange and the forementioned NFT platform.
These products are powered by various blockchain ecosystems, which includes Ethereum and BNB Chain. However, what stands out is the support for Ryoshi Network, a Layer-2 network powered Polygon CDK’s zero-knowledge proofs. Moreover, the network uses Shiba Inu, the SHIB token, as its native gas token.
This connection doesn’t come out of thin air, because Shibtoshi managed to turn a $8,000 SHIB purchase into $5.6 billion. By supporting this network, SquidGrow creates more value for SHIB, while also adding strong utility to something that started as a meme token. But of course, the core to the SquidGrow ecosystem is the SQUIDGROW token.
SquidGrow explained
SquidGrow is a Web3 platform with various products, created to drive innovation. Depending on user demand, they have the ambition to create services that help the community, and allow users to thrive. At the moment of writing SquidGrow offers a decentralized exchange, a private trading platform and an NFT platform.
The products in the SquidGrow ecosystem
Even though more products may launch in the future, SquidGrow consists of four product pillars. Each of these caters to specific needs from the community:
- SilentSwap – a cross chain aggregator for private swaps
- SG Swap – a decentralized exchange
- Inkubate – an NFT marketplace
- Knox Locker – liquidity locker infrastructure
SilentSwap
SilentSwap is a powerful tool that allows users to bridge and swap tokens across different chains, and this happens privately as well. To make this possible, SilentSwap utilizes the privacy-oriented blockchain ecosystem Silent Network. Out of the box SilentSwap will be non-custodial, trustless and decentralized. When this platform launches, your privacy will be safeguarded.
SG Swap
SG Swap puts in effort to provide users with fast and easy access to token exchange services, while also avoiding possible risks. The platform values security, and therefore doesn’t allow custom token imports. This means only curated tokens are available on SG Swap, which then reduces the risk of fraud and manipulation by dishonest people. SG Swap supports trades on Ethereum and BNB Chain.
Inkubate
The newest product launch in the SquidGrow ecosystem is that of NFT platform Inkubate. This all-in-one solution allows users and content creators to mint, trade and showcase their NFT collections. The NFT marketplace currently supports Ethereum, and allows trading of various reputable collections like DeGods, BAYC, Azuki and Pudgy Penguins. The NFT platform also allows users to create their own NFT collections, serving as a launchpad for new and innovative NFT projects. Inkubate is currently in beta.
Knox Locker
A liquidity locker audited by Certik, to ensure that the SquidGrow ecosystem can store their liquidity safely. Knox Locker will become an integral part of the SquidGrow utility ecosystem and will be available for all projects to use to lock their own liquidity.
Native utility token SQUIDGROW
The SquidGrow ecosystem has a native utility token named SQUIDGROW. It’s available on both BNB Chain and Ethereum.
Disclaimer — This is a sponsored article. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.
