Rahul Sethuram, co-founder of cross-chain messaging protocol Connext and former Tesla/NASA engineer, has announced the launch of $ZOOMER (ZoomerCoin), a pioneering cryptocurrency that aims to revolutionize the crypto landscape by offering seamless bridging to Layer 2 solutions.$ZOOMER is the first cryptocurrency to adopt Connext’s groundbreaking xERC20 standard, which addresses the high Ethereum gas fees, offering a more cost-effective alternative for users. Connext, backed by industry giants like 1kx, Coinbase Ventures, and Polychain Capital, provides the technological foundation for $ZOOMER.The xERC20 standard allows token issuers to maintain control over cross-chain bridges, enhancing security and flexibility. This standard is set to redefine the capabilities of multi-chain tokens, offering robust security features and unparalleled functionality across different ecosystems.With a focus on capturing the Gen Z market, $ZOOMER is exploring strategic partnerships in the gaming and DeFi sectors. This promises a broad ecosystem that extends beyond mere token trading, offering unparalleled functionality and robust security features.$ZOOMER is more than a meme coin; it represents the next phase in the evolution of cryptocurrency, blending technological innovation with cultural relevance. Connext aims to simplify the complex world of decentralized applications, acting as a public utility to make blockchain benefits accessible to all.
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Rahul Sethuram |
| Companies | xERC20, Connext, 1kx, Coinbase Ventures, Polychain Capital |
| Currencies | Ethereum, Bitcoin, ZooCoin |
| Securities | None |
