Patex, a blockchain ecosystem targeting the Latin American market, has revealed plans for the listing of its native token $PATEX.
The token, serving as the core asset of the Patex Network, will debut on three major decentralized fundraising platforms over a week. The rollout begins on February 27 with WePad, followed by DAOMaker from February 28 to March 4, and concludes on February 29 with ChainGPT Pad.
CEO Ricardo Da Ros, the former Head of Brazil Binance & Crypto.com said, “WePaid, ChainGPT Pad and DAOMaker are perfect venues for the listing of our native token, and we are excited to expand our user base and broaden our reach as we build a comprehensive crypto hub for users throughout the continent.”
The token’s integration into Patex’s ecosystem aims to enhance the utility of various products like its Layer-2 Network and C-Patex trading platform.
In the past year, Patex achieved notable milestones including the launch of its network Testnet, Explorer, Mainnet, and Wallet solutions.
A strategic partnership with Brazilian investment firm Acura Capital contributed to Patex’s valuation reaching $100 million and earning it the title of “Best LATAM Blockchain Ecosystem of the Year” at the Future Innovation Summit in Dubai.
Evolving from its predecessor C-Patex, which boasted over 100,000 users, 20,000 monthly visits, and a 30-day trading volume of $10 million, Patex represents a new phase in the team’s dedication to blockchain technology and community involvement.