Bangkok, Thailand, April 12, 2024 (GLOBE NEWSWIRE) — The Binary Holdings has announced the opening of its public presale for the $BNRY token on Optimism Network. The Binary Holdings (TBH) is a web3 infrastructure provider for the telecommunication sector in emerging economies, setting a bold vision to onboard the next billion users to Web3. By adopting Optimistic Rollup technology, TBH will be able to offer scalable, low-cost, and efficient infrastructure services essential for the adoption and growth of Web3 technologies within the telecommunications industry.
TBH aims to dismantle the existing barriers to entry for telecommunication companies looking to explore and integrate Web3 functionalities. By providing this infrastructureTBH is unlocking solutions for enhanced user activation and engagement, enhanced security, and decentralized services.
Audited by renowned development firm ThirdWeb, the BNRY token works as the cornerstone of the TBH ecosystem and plays a crucial role in this new framework, enabling seamless transactions and interactions within the web3 telecommunication infrastructure. TBH’s initiative is poised to revolutionize how telecommunications networks operate, paving the way for a decentralized, secure, and user-centric digital future.
Current investors and partners of The Binary Holdings include a prestigious list of industry leaders and innovators such as Hustle Fund, Miti Ventures, Dutch Sports Tech Fund, SOSV, Plug and Play Ventures, Enterprise, IBC Group, Luna Media Capital. Additional partnerships include Indosat Ooredoo Hutchinson, Globe telecom, Cellcard, Mytel, Atom, Celcom Digi, Jazz, Lost Club Toys, Twinmatrix, The Kollab, and Quant MM. This strong network of support is a testament to TBH’s potential and the confidence it inspires in the industry.
“We’re excited to launch BNRY, the native utility token of The Binary Ecosystem. BNRY is not just a token; it’s the heartbeat of our vision for the future of telecommunications. As we embark on this journey to democratise Web3 access, BNRY stands as the catalyst, fueling seamless transactions and interactions within our ecosystem. With the support of our esteemed investors and partners, we’re poised to revolutionise how telecommunications networks operate, paving the way for a decentralised, secure, and user-centric digital future.” – Manit Parikh, Founder and CEO of The Binary Holdings
The Binary Coin is engineered to be the financial backbone of TBH’s Web3
telecommunications infrastructure, enabling efficient, secure, and scalable economic
transactions within digital communication. The token’s utility is designed to
support the seamless flow of value, facilitating various transactions that underpin the
telecommunications ecosystem’s operations and services. The presale is live on the official website, ending on Monday, the 15th of April 2024. The token is confirmed to list on two tier-1 centralised exchanges by the 30th of April 2024.
About The Binary Holdings
The Binary Holdings is a leading Web3 infrastructure provider for Telecommunication, BFSI, Gaming and eWallet companies across emerging economies across Southeast Asia, the Middle East, Africa, and LATAM. Headquartered in DIFC, UAE, the company emphasizes innovation and opportunity across its diverse business ecosystem.
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