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SOURCE Spotlight 09: SRCX Merges, CEX Listing Campaign Kickoff, and a Super "SCRT" Teaser

Updated: May 3

a cyber guy holding 2 logos
SOURCE and SECRET Network... what are they up to?

Happy Friday everyone and May the #SOURCEforce be with you! Many things are cooking for us here behind the scenes at the Source Protocol HQ. There are many updates to be discussed today so get excited!

SRCX Merge

The process to merge SRCX into SOURCE has been underway and many members of the community have already successfully swapped their tokens for SOURCE. If you still need to swap your tokens, please use the #create-ticket channel in our community Discord found HERE. So far approximately 3 million SOURCE has been swapped to SRCX holders from the Strategic Reserve fund. We calculated that approximately 4 to 5 million SOURCE would be needed for the merge so it is nice to see that things are moving along nicely and the conversion is over 50% complete. Muchkins Metarun

The team at 2TG Entertainment has gone far beyond our expectations in rolling out our first play-to-earn game. The game continues to be polished and gameplay tested while web3 integrations are being built in. See the teaser clip shared by 2TG below:



The pixel graphics are stunning and the browser supported gameplay is very smooth and fun to play. It has great replay value and is being designed to be very competitive. We are very excited to see it in action with web3 support and are looking forward to all of the play-to-earn features. Stay tuned for future updates as the game gets closer to launch. CEX Listing Campaign

Several Centralized Exchanges are being vetted and negotiated with to list SOURCE. While we cannot disclose who they are until things go live, we are exploring many options with top 100 ranked and some top 20 ranked exchanges. The current market atmosphere has made many exchanges backlogged so it is a process that we must all be patient with. This is a great sign that crypto engagement and interest is growing in general, but the downside is that the lines are getting longer and it takes more time to have requests made and have updates pushed through. SOURCEswap Our native swap, SOURCEswap is still about 8 to 10 weeks out (no promises on timeline here) and we are also in the process of collaborating with liquidity partners to bootstrap the initial pools. SOURCEswap is a fundamental infrastructure application that is necessary for many of our business partner applications to be deployed in the future as they will need to utilize its swap features and liquidity. This will allow for their advanced technical applications to run smoothly without requiring a swap or liquidity from a different blockchain. Cosmos Brazil Finally, we have been working for the past month with our CosmosBrazil ambassador, Luca. He has great connections in the LatAm region and is working on setting up and establishing relationships/partnerships with people down there. He was representing SOURCE at BlockchainRio, one of the largest crypto events. He is also running a giveaway campaign as you can see in the post below. Obviously this is not in English, but the point is, we are working on making SOURCE known globally.

Whew! As you can see quite allot of good things are happening for SOURCE. There are also many exciting developments we cannot yet disclose publicly but trust that when things are ready to be revealed this will be the place to find out about all the exciting updates and new information.


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NEWCOMERS:

If you are new to $SOURCE you may have an #airdrop from staking $ATOM. Simply connect Keplr to the SOURCE blockchain, tokens were automatically distributed. Last snapshot - February 2023. SOURCE main-net launch was October 13, 2023. Add SOURCE to Keplr using the chain registry HERE.


There are many more great things coming for #SOURCE, be sure to join our Discord or Telegram and interact with our great community. #SourceForce


Thanks for tuning in, and we will see you in the next post!



Stay informed and don't miss out on all the excitement!





keywords: Real World Assets, RWAs, play-to-earn, web3 gaming, $SOURCE, IBC, blockchain business solutions, SCRT, Secret Network, 2TG Entertainment,


Disclaimer: This blog article is for informational and entertainment purposes only and should not be considered financial advice. Please do your own research before making any decisions with your tokens.

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