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Cryptocurrency News Articles

ZTX Incubated STIX Platform Completes Early Access Tournament Ahead of Token Launch

Oct 08, 2024 at 11:35 pm

STIX, the Web3 platform for meme promotions and competitions, announced that it had successfully completed its much awaited private beta dubbed

ZTX Incubated STIX Platform Completes Early Access Tournament Ahead of Token Launch

STIX, a Web3 platform for meme promotions and competitions, announced the conclusion of its highly anticipated private beta tournament, dubbed the "Early Access Tournament (EAT)." The beta served as the latest activation ahead of the upcoming $STIX airdrop and token launch.

Prominent crypto partners joined forces with STIX to engage their communities in a unique Web3 event. The early participant communities, a mix of memecoins, NFT projects, and an L1 chain, promoted STIX to their user base, encouraging the creation of user-generated memes.

From tens of thousands of UGC memes submitted by community members, eighty were handpicked by ambassadors of the participating crypto communities. Three final winners were selected through whitelisted voting rounds. Two Berachain memes and one Pudgy Penguin meme emerged victorious, with their creators and those who voted correctly set to receive a substantial airdrop of $STIX tokens.

In addition to whitelisted members of the participating communities, users who minted STIX early access pass NFTs on the Base protocol were able to vote and participate in EAT by passing a bot-filtering test.

The early access pass mint on Base quickly became the largest NFT mint in the history of the protocol within a week of its launch, as the collection was minted by 500,000 unique wallets, making it the top mint on the Base protocol.

Alexx, Chief Futurist at ZTX and special advisor to STIX, commented on the achievement, stating, "The STIX team pulled off an incredible feat by bringing together eight of the most well known and loved projects in Web3. The fact that these projects are working with and promoting STIX already speaks volumes about the interest in STIX and its value proposition to meme culture. As we enter the final stretch before the official STIX launch, I would encourage everyone to keep an eye out for all the ways to get in on the STIX airdrop such as staking $ZTX on the Creator platform or holding ZTX Genesis Homes."

Ian Maverick, Special Strategy Director at Creator, also shared his enthusiasm, saying, "We are delighted with the milestones and achievements of the STIX team so far. Their mint on Base became the top mint on the protocol and the recent early access beta seems to have excited many crypto users. As STIX eventually evolves towards a multichain offering we will look to aid them in their cause to convert the 30M MAU they have in their legacy Web2 application Stickerly. We are very bullish on the potential for STIX to spearhead the next Create-to-earn or Meme-to-earn narrative of the upcoming bull cycle."

STIX is a derivative project of Stickerly, one of the largest Web2 User-generated content sticker publishing platforms with 30 million monthly active users and over 400 million lifetime users. Stickerly provides an easy-to-use interface for creating and publishing memes that are then immediately usable as stickers in messenger apps like Telegram and Whatsapp. Stickerly's global user base includes a strong presence in regions like Latin America, Southeast Asia, India, and Europe.

In contrast to its Web2 legacy product, the Web3 STIX platform offers more engaging aspects beyond publishing UGC memes. Through regular competitions, creators submit memes on STIX that are voted on by STIX users. Winning memes with the most votes are then promoted on Stickerly, available for download and use by a global audience. The creators of winning memes, as well as the STIX users who voted correctly on said memes, stand to win on-chain rewards from a recurring weekly prize pool of $STIX tokens.

The STIX team has previously announced that $STIX tokens, set to launch by the end of October, have successfully closed a private seed round with participation from key investors. Further updates on the upcoming launch will be shared on the STIX account on X and Telegram.

Media Contact:

Robert Penington

Robert@thronepr.com

This content was first published by KISS PR Brand Story.

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