July 6, 2023

CoinSender Launches on SKALE to Pioneer the Future of Tokenized Asset Distribution | SKALE

SKALE Network

Navigating the world of decentralized finance is not for the faint of heart. The hurdles - complexity and inefficiency in tokenized asset distribution - often limit potential. These are challenges that blockchain-powered companies and web3 organizations grapple with daily, especially when it comes to managing payrolls in crypto, facilitating airdrops, and handling staking & pooling payouts. To address this landscape of complexities, one solution emerged - CoinSender. SKALE, the world’s fastest blockchain network, is proud to announce that CoinSenders innovative multi-address transaction platform has launched on SKALE!

Coinsender is a decentralized application (Dapp) designed to transform how organizations manage tokenized assets. By providing a reliable, user-friendly platform, CoinSender allows its users to allocate tokens efficiently, execute multiple transaction payments at once, and confidently handle various cryptocurrency transactions. In essence, CoinSender simplifies cryptocurrency management and helps organizations integrate blockchain with ease.

Yet, even with CoinSender’s innovative solutions, some barriers persist in the blockchain sphere, such as high transaction costs and scalability limitations. This led CoinSender to choose SKALE Network, whose innovative zero-gas fee model and scalability solutions are perfect for Coinsender's use case. By integrating with SKALE, CoinSender will further enhance its platform's functionality and propel its development to unprecedented heights.

Eduard Miaus, a Board member of CoinSender, said, "CoinSender is breaking the limits of blockchain token operations in the modern day Web3 industry. Launching on SKALE Network, we essentially take our platform to the next level, integrating powerful features like unmatched on-chain speed and an advanced gas-less technology."

With this new partnership, CoinSender and SKALE are set to redefine tokenized asset distribution, making seamless, efficient, and cost-effective cryptocurrency operations the new standard in the DeFi sector.

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About SKALE

SKALE is the world's fastest blockchain, designed for fast, secure, user-centric Ethereum scaling. SKALE chains offer zero gas fees to end-users and have advanced features such as on-chain file storage, interchain messaging, zero-cost minting, ML/AI smart contracts, and enhanced security features.

The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.