Amazons AWM79K sets the stage: With Bitcoin approaching the $72.000 and finally passing the previous ATH and Ethereum passing $4.000 there is no more denial in the question if we are in a bullmarket, because it is evident that this is happening right now.
Among the other good news we had this year for cryptocurrencies in general, speaking of things like the ETFs and the upcoming halving for Bitcoin, one of the most powerful additions to the crypto scene has to be Amazon’s first own native token.
CLICK HERE TO GET AMZ TOKENS IN THE EXCLUSIVE PRESALE
Amazon is currently starting the pre-sale for this AMZ Token and it can easily be considered as a favorite starting in 2024 as simply the brand name is already powerful enough to lead to a lot of insterested customers. More so is the vision and idea behind the project. The token will be used on all Amazon marketplaces and it allows to buy products cheaper, it will be integrated in their own Amazonwallet which is also an easy exchange into most other crypto currencies at low fees. Last but not least they plan to build a digital marketplace featuring a wide range of products which are based on crypto cuurencies only, using their AMZ Token to make purchases, sells and trades on that platform. This can be seen similar to popular NFT platforms like OpenSea, just that the product range will not be limited to NFTs only.
At the pre-sale their token is valued at 1 USD and the price should stay on that value until it hits the markets during the public sale stages. At that point there will be an increased amount of holders and participants which should be another significant milestone to the future and promising project of this token. The sale also allows several bonus offers, so it is possible to claim up to 100% additional tokens in an exclusive bonus, which won’t be available during any of the public sales. To avoid money printing and dumping on the first public day this bonus has to be locked in the wallet for a security time of 12 months, but that shouldn’t be too much of an issue because you can always sell the original bought amount.
The questions remains now that Amazon started this important step, will other companies follow to do that and how will their visions be? It is rumored that Meta and X are the next in line to have their own asset and we will be excited to see how that goes. At the end that’s pretty much what the mainstream was missing out on, having real established brands and names making their own versions of crypto currencies and therefore increasing the interest even to those who were skeptical before or didn’t want to deal with crypto currencies in general.
However Amazon is the leader in this business, they have recognized the importance of running and working with digital tokens, how blockchain technology can cheaper their costs even further and offer better deals for investors and customers. Utilizing this token as a payment method on all of their stores has the edge to increase huge liquidity and this year will only be the start of making the most out of that.
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