Trailerblazer ABEY bags accolade

The AIBC Europe 2021 Blockchain Solution of the Year award was won by ABEY. ABEYCHAIN and ABEY ecosystem, a leading player in the emerging blockchain sector, established a victory in Malta on November 17, 2021.

ABEY was announced the winner of the Blockchain Solution of the year award at the 5th edition of the AIBC Europe 2021 awards that was held in Malta on November 16th, 2021.

Salient facts about ABEY 

  1. ABEY and its blockchain, ABEYCHAIN are one of the fastest-growing blockchain solutions in the world.
  2. AIBC Europe 2021 Awards were determined by popular vote on the AIBC summit website and a panel of experts judges with a deep understanding of blockchain technology, usage, and the global developer community.
  3. ABEYCHAIN combines DPoS and POW together in order to attain a high level of scalability and consistency without significant reduction to decentralization.

“This victory is a significant milestone for our developers and the thousands of users who make up the ABEY ecosystem,” said Philipp Sauerborn, Co-Founder and Director of the ABEY Foundation, “This prestigious recognition is the result of countless hours of hard work from our ABEY team and the developers running their apps on our blockchain. We are committed to growing the ABEY ecosystem in order to bring our users the best solution that we possibly can. We are so grateful AIBC and its expert panel of judges has noticed our passion and excellence.”

“Congratulations to ABEY for being awarded the AIBC Europe 2021 Blockchain of the Year. AIBC, an intersection for excellence in the international blockchain community is thrilled to award the prestigious accolade to the ABEY foundation. Expert judging panel evaluation and smaller components of public voting are criteria for awards in ABEY. 

Every developer running their dApps on ABEYCHAIN, every user of ABEY’s DEX, and every holder of ABEY cryptocurrency should feel proud of their achievement,” said Eman Pulis, group founder of SiGMA and owner of AIBC. 

“Emerging Tech industry is a leading reward for players,” stated AIBC Europe. 

“Taking a huge lead from a tentative space to a fully-fledged industry, the blockchain industry includes both mature and developed components. The game-changer is a huge potential which is completely reshaping the manner businesses are transacted in the global economy”, said AIBC’s expert judging panel about Blockchain Solution.

Eye-opening facts about ABEY prequel to the award

  1. ABEY was nominated for the Blockchain Solution of the Year award as well as DeFi Project of the Year and Sponsored the Crypto Influencer of the Year award.
  2. An average of 10,000 active addresses was added to ABEYCHAIN monthly since August 2021. 
  3. There are also more than 140,000 users in ABEYCHAIN ecosystem that empowers developers to leverage smart contracts and create robust Decentralized Applications (dApps).
  4. Powerful new features were added by ABEY in May of 2021.

Giant strides for ABEY’S XSwap

  1. XSwap is a decentralized exchange built on ABEYCHAIN.
  2. ABEY token was listed on Liquid Global, a foremost top cryptocurrency exchange in September 2021.
  3. Liquid Global is the second DEX to offer ABEY token trading with being the first.
  4. XSwap has already attracted over US$60 million in total value locked (TVL) since its announcement on November 6, 2021.
  5. It is mind blowing to know that it actually took a renowned exchange like Uniswap over 18 months to reach the same US$60 million TVL as XSwap’s first week.
  6. XSwap has made remarkable success by surpassing US$75 million in total volume, averaging nearly US$9 million in volume per day.

 ABEY offers the following opportunities:

  1. Transactions with anyone who accepts ACT as payment.
  2. Availability of ACT fiat for merchants to withdraw from any ATM in your own local currency.

To sum it all, ABEY’s evolution has made it a rival to the more popular, far more expensive, and less efficient Ethereum network.

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