TeWa Sidechain is a visionary project developed by a team of highly reputed founders from various industries. Some of the core team members have over 12 years of experience in marketing and have a good hold of networks across the Web2 and Web3 worlds. The product is being built by a team of highly-experienced devs who have launched multiple successful businesses in the past.
Simply explained the TeWa Sidechain aims to provide fast and easy crypto payment methods for scaling the decentralized economy. The word “TeWa” stands for Telegram Wallet – The reason behind calling it Telegram Wallet is they wanted the user experience to be as smooth as Telegram so that they can meet their expansion targets.
The project has built its own “TeWa SideChain” so that it can easily handle the high transaction volumes and can be optimized to work at the lowest gas FEE. The users will be able to interact directly with the blockchain through the Telegram app. All you need to download the app and attach it to your telegram – and you can start using it directly!
Users will be able to revert their access to the app even if they lose their phone or access to their telegram account. In order to achieve the scaling targets, the platform has been designed in an easy-to-use way where the entry barrier is almost negligible.
Further, the platform has adopted initiatives like educational content and webinars to educate its users about the basics of Blockchain and Defi. This will help them build a loyal user base, hence increasing the Life Time Value of an acquired user.
Users can also act as validators on the network by simply staking their tokens, and earning rewards in native tokens on the side. The team has an active interest in turning the project into a DAO through which the platform can be governed democratically. This will make the platform more inclusive and will truly make it the “people’s payment platform”.
Some Interesting Questions From the Community!
- About the tokens you can use in the app – Users will be able to interact with multiple Defi products through the app. More details will be unveiled as the company rolls out more details about its partnerships.
- Educational Content – It will help onboard a lot of non-crypto users to the crypto world and will build a loyal user base for the platform.
- How can people add money to their wallet – Users can buy a code from an approved seller and then can redeem the code in the app to add funds.
For more details and regular updates, you can tune in to their socials. The links are as follows:
Twitter: https://twitter.com/TeWaSideChain
Telegram: https://t.me/TeWaSideChainOfficial
