“Is $DUBBZ the Sleeping Giant Poised to Lead GameFi on Base?”
Austin, TX – July 5, 2024 – Dubbz, a pioneer in gaming and SocialFi, has successfully transitioned its $DUBBZ token and blockchain ecosystem from Ethereum to Base, Coinbase’s cutting-edge layer-2 solution.
Key Benefits of the Migration
“Our move to Base is a significant step in optimizing the $DUBBZ token for better utility within our ecosystem,” said Kyle McConnell, co-founder of Dubbz. “This migration not only enhances transaction speed and reduces costs but also strengthens our commitment to providing a seamless and efficient experience for our users. We’re excited about the new opportunities this brings for all $DUBBZ holders.”
Buybacks and Burns
To help stabilize and increase the value of $DUBBZ, the team is implementing an ongoing token buyback and burn mechanism funded by up to 20% of their current and future platform revenue. This strategy is part of their broader approach to generate consistent revenue streams while ensuring the sustainability of the Dubbz ecosystem.
Utility Roadmap
Complementing this buyback and burn strategy, the team aims to immediately enhance the utility of the $DUBBZ token alongside its migration to Base. Token holders now gain new on-platform benefits, like cashback rewards, point multipliers, and monthly wager credits. More details can be found on dubbz.com/holders.
Gamers can also already wager in USDC on 1v1 matches across a broad range of popular games, faster and with far less fees than on Ethereum. The team next plans to allow wagering in $DUBBZ with no fees.
Currently, the token is only available for purchase on decentralized exchanges like Uniswap, but the team is actively seeking central exchange listings to increase accessibility.
Rewards for Holders
To ensure a smooth
Read more on cryptonews.com
