Zurich, Switzerland, January 17, 2025, PakGazette
Hyperbridge extends token offering deadline and token generation event scheduled for Q1 2025
Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relay Offering (IRO) deadline to February 28, 2025. This decision comes in response to overwhelming demand, with more than 52 million tokens of the total 100 million supplies already sold.
The extension offers potential participants a limited-time opportunity to join the Hyperbridge network, and early buyers can still receive bonuses. As Hyperbridge expands its reach, this extension provides a final window for supporters to secure their position within the ecosystem.
- 50% Bonus Already Claimed: The first participants to join before the initial deadline earned a token 50% bonus, a testament to Hyperbridge’s commitment to rewarding early adoption.
- 15% Bonus Available: There remains a limited opportunity for participants to receive a 15% bonus on their token purchase.
“We are thrilled with the incredible support from our community so far,” said Seun Lanlege, founder of Polytope Labs. “Selling over 52 million tokens is a major milestone, and with the extension, we are excited to welcome even more. relays to the Hyperbridge network ahead of our token generation event in Q1.”
The launch of the Hyperbridge mainnet marks notable progress in its journey towards transforming blockchain interoperability. The protocol has integrations with many ecosystems, including Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost, and more.
The Gateway Token Bridge is now live, enabling secure and scalable cross-chain token transfers, messaging, and status queries. These integrations position Hyperbridge as a key contributor to the advancement of cross-chain applications.
Hyperbridge will hold its token generation event in the first quarter of 2025, and IRO participants will be among the first to receive their tokens, unlocking opportunities to actively participate in the protocol.
With its advanced zk technology and focus on security, Hyperbridge has already seen rapid adoption, supported by integrations into major blockchain ecosystems. The protocol’s core model ensures scalability and reliability, attracting developers, DAOs, and DeFi projects looking for robust cross-chain solutions.
Regarding the utility of the Hyperbridge token, $BRIDGE: A minimum BRIDGE token fee is required for transactions. Therefore, transactions such as cross-chain messages, storage queries, and state reads will use the token. Tokens collected as transaction fees are used to fund incentives and rewards for both relayers and block producers. Therefore, the token is planned to have zero inflation. The token will also be used for governance.
For more information, users can visit Hyperbridge (
About Hyperbridge
Hyperbridge is a crypto-economic coprocessor for secure, verifiable interoperability driven by consensus and proof of storage. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with on- and off-chain SDKs to securely send cross-chain messages (POST requests) and read on-chain storage (GET requests).
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About Polytope Laboratories
Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, and IBC. Focused on addressing fundamental infrastructure issues that continue to hold back the crypto industry, such as interoperability, scalability, and privacy. The team believes that Web3 is the next evolutionary step of the Internet and is fully committed to advancing truly decentralized technologies.
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ContactJonathan Duran[email protected]
