Alphakek AI, a prominent provider of AI-driven tools and analytics for the cryptocurrency market, has announced the expansion of its native token, $AIKEK, to the Base network. Scheduled for mid-August 2024, this move marks a significant milestone in the company's efforts to enhance the growth and accessibility of its crypto-native AI solutions.
The introduction of $AIKEK to the Base network involves utilizing the official Base Bridge, thereby making the token multichain. This strategic decision is poised to improve the experience for $AIKEK token holders by increasing accessibility, opening new business opportunities, and boosting trading volume. Additionally, this move allows token holders to participate in governance votes, ensuring that the community has a say in Alphakek AI's future direction.
The expansion aims to broaden $AIKEK's reach to Ethereum-centric communities, offering enhanced utility and reduced gas fees for users. Built on the OP Stack, Base's technical robustness provides a secure foundation for this initiative. With a Total Value Locked (TVL) of $1.404 billion, over 500,000 active addresses, and 3 million daily transactions, Coinbase's Base L2 Network presents a vibrant ecosystem for $AIKEK's growth. This integration introduces Alphakek AI's advanced AI infrastructure to new communities, leveraging Base's extensive ecosystem to reduce transaction costs for future token activities.
The decision to expand to Base followed a week-long voting period where the Alphakek AI community overwhelmingly supported the move. All $AIKEK holders were eligible to participate in this governance vote, held from July 15, 2024, to July 22, 2024. Participants connected their wallets holding $AIKEK tokens to vote on the proposed options via the Snapshot proposal page.
In the coming weeks, Alphakek AI will finalize the Base bridge, enhance community outreach, establish project partnerships, and integrate web app wallets. The development timeline includes finalizing the Base Bridge, preparing $AIKEK and $ETH token supply for the liquidity pool, and adding liquidity on Uniswap v3 with a community-chosen fee structure.
As part of its long-term marketing strategy, Alphakek AI plans to collaborate with Base ecosystem projects and influencers, develop custom AI products for Base projects, and launch educational campaigns on AI applications in crypto. These initiatives aim to keep the community well-informed and engaged throughout the transition process.
For more information about the Alphakek AI ecosystem and the $AIKEK token, visit alphakek.ai.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
