🌇 Building a Utopia on Blockchain

How GASUtopia makes Web3 services easier to use

🌇 Building a Utopia on Blockchain
Photo by Larry Teo / Unsplash

Today's Highlights

  • GASUtopia - connecting the blockchain
  • Learn - a couple of courses to further your knowledge in crypto.
  • In Other News - a few interesting developments we're tracking.

GASUtopia - connecting the blockchain

GASUtopia is designed to connect the isolated mainnet ecosystems, and take the trouble caused by native tokens away, thus building a utopia in the blockchain.  They have built a future-proofed token that does not belong to any mainnet, and can be used to pay for gas fees on all mainnets. It will be a common gas token with its value anchored to the US dollar. That’s why it’s called GASUtopia (GASU for short).

GASUtopia is an open platform, and hopes to cooperate with more DAO institutions, building a better Web3 jointly. Web3 users do not need the native gas tokens when interacting across chains and will be deducted by GASU. It will support more than 50 public chains, and GASU is not affiliated with any of them.  In the usage scenario, the amount of GASU required for cross-chain can be calculated and consumed in real-time according to the gas cost of each main chain.

Paying transfer gas fees with mainnet native tokens is outdated, inefficient, and has a high threshold, which will result in a poor user experience and a slow development rate for Web3. GASU solves that problem. By establishing a future-oriented, dollar-anchored gas token that is not affiliated with any public chain, which is used to pay transfer gas fees for all chains, it can provide a solution for value transfer between multiple networks, lowering the threshold for users and developers into Web3 metaverse.

With the advent of the Web3.0 era, users are calling for an easier-to-use, friendly, efficient, and open infra. The birth of GASU will drive Web3 to a billion users.

Gasutopia has raised $3M in funding.


đź“š Learn

Lucija Matic
Austin Marchese, Jesse Friedland, and Chris Koch

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