TorusChain Launches Gasless Blockchain, Promises Accelerated Innovation Cycle

Key Points

• TorusChain launches the world’s first Gasless Layer 1 blockchain, eliminating transaction fees and providing a cost-effective platform for developers and users.
• The integrated blockchain ecosystem includes advanced technologies and resources that can shorten project development cycles and accelerate time to market for Web3 innovations.
• TorusChain is supported by strong partnerships including NewMedia Holding and EngagePoints, providing global marketing reach and extensive support for projects running on the platform.
• FunNFT.com, a core feature of TorusChain, provides a unique NFT protocol for royalties and rentals, providing new monetization opportunities for creators and facilitating direct engagement with fans.

The TorusChain Association today announced the global launch of TorusChain, the world’s first Gasless Layer 1 blockchain, which aims to accelerate innovation in the blockchain space by eliminating gas fees, a common pain point for both developers and users, and providing a high-speed, scalable platform for project deployment.

TorusChain is hailed as a game changer not only for its fee-free transactions, but also for its comprehensive ecosystem designed to streamline the entire project life cycle. Packed with cutting-edge technologies and revenue-generating opportunities, this ecosystem aims to shorten the time from concept to market, eliminate the need for multiple development iterations, and achieve project goals faster.

“TorusChain accelerates the journey from concept to market readiness by allowing projects to launch quickly and access a large user pool with pre-loaded wallets,” said Shabir Momin, President of the TorusChain Association. “This chain is about creating an environment where speed and innovation thrive.”

Strategic partnerships are key to TorusChain’s ambitious vision. Ramy Copty, Co-founder and Director of the TorusChain Association, highlighted the extensive support network that strengthens the ecosystem. “Our network is strengthened with resources including payment gateways, technology integrations, marketing accelerators, and user acquisition programs. This will allow TorusChain projects to leverage a wide range of resources to succeed,” Copty said.

One of the standout features within the TorusChain ecosystem is FunNFT.com, a platform introducing a new NFT protocol for royalties and lending. Philipp Zahrer, Co-founder and Board Member of the TorusChain Association, highlighted the potential this platform has to empower creators. “FunNFT.com allows creators, artists, celebrities, and influencers to split, monetize, and share their work with unprecedented independence and speed,” Zahrer explained. “It creates a direct relationship with fans and fosters a new fan economy.”

Supporting the launch is NewMedia Holding, a global digital media powerhouse with over 1.8 billion users. Gurpreet Singh, COO of NewMedia Holding, emphasized the importance of this partnership. “Working with EngagePoints, a WEB2-WEB3 loyalty program, will provide a seamless bridge to billions of users, enabling global marketing of TorusChain’s project,” Singh said.

The TorusChain network boasts a suite of advanced technical solutions tailored to both projects and users. These include ToruScan, a blockchain explorer, TorusSwap, a decentralized exchange (DEX), Developer Bridge, a cross-chain messaging tool, Customer Bridge for cross-chain asset transfers, Tofee Wallet, a self-custodial multi-signature wallet, and Staking Dashboard for managing and claiming staking rewards.

Already, over 100 innovative projects across gaming, AI, DeFi, metaverse, and more are leveraging TorusChain to drive change in the Web3 space. Notable projects include RAKDAO, Enjinstarter, Arkadiapark, Fabwelt, Warlands, and OzoneMetaverse, each pushing the boundaries of what’s possible with blockchain technology.

With the launch of TorusChain, we will challenge the existing blockchain paradigm and provide a gas-free, high-speed platform that can fuel the next generation of Web3 innovation.

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