Fuel Network Partners with Bitget LaunchX to Advance Blockchain Scalability

Fuel, a Layer-2 solution on Ethereum that's pushing the bounds of blockchain scalability further, thanks to its optimistic rollup technology. In furtherance of its mission for faster and cheap transactions, Fuel introduces its native token, FUEL, designed to eliminate gas fees in blockchain technology. A total supply of 10 billion FUEL tokens will decentralize value and control across the network, giving developers the possibility to manage the transactions while transacting cost-free for users.

The next major milestone set for Fuel is its public token sale on newly launched Bitget LaunchX starting December 17th. On this sale, 2.75% of total supply will be offered at $200 million FDV and at $0.02 per token valuation.

The sale would be in a proportional allocation format, meaning the higher the USDT commitment, the greater the token allocation, with a maximum of $5,000 contributions per user. All purchased tokens will be unlocked 100% at the Token Generation Event (TGE).

By tying its public sale to Bitget LaunchX, Fuel leverages a trusted platform to enhance the distribution and adoption of its token. Combined with its Layer-2 scalability and gas-free transactions, Fuel Network is setting a new benchmark for blockchain usability, paving the way for a fair and decentralized digital economy.
https://www.bitget.com/academy/introducing-bitget-launchx