XODE, marking a historic moment, unveiled its Mainnet on February 14, 2024, positioning itself as the pioneering blockchain network in the Philippines. This achievement underscores its commitment to making a lasting impact in the evolving landscape of Web3.
Mainnet Launch – A Crucial Milestone
The Mainnet launch signifies the cornerstone of XODE’s blockchain network, where the intricate processes of cryptocurrency transactions are executed and recorded. Users can now seamlessly engage in the exchange of data, tokens, and cryptocurrencies, all while harnessing the power of smart contracts.
A Progressive Journey
Commencing its journey in August 2023 with the Devnet stage, XODE’s blockchain underwent initial development. Subsequently progressing to the Testnet phase for rigorous testing and improvements, the Mainnet launch is the culmination of months of meticulous work.
Empowering Filipino Developers and Entrepreneurs
Harold Glenn Minerva, the visionary founder and chief technology officer of XODE, expressed the significance of the Mainnet launch. In his words, “Launching the Mainnet is a milestone not only for XODE but for Cebu and the Philippines.”
In highlighting the economic advantages, Minerva stated, “Now, Filipino developers and entrepreneurs can leverage the efficiencies of our very own XODE blockchain for a much, much lower cost… because XODE is your cost-efficient vehicle for a decentralized, immutable, transparent and secure peer-to-peer transaction, eliminating the middlemen.”
Blockchain’s Potential Transformative Impact on the Philippines
Blockchain technology holds the potential to revolutionize various facets of Filipino life, offering enhanced transparency and a reduction of corruption within governance structures. The deployment of self-executing smart contracts mitigates the need for human intervention and costly intermediaries.
Catalyzing Growth in Key Sectors
Anticipated to drive growth in sectors such as logistics, banking, and retail, blockchain technology becomes a catalyst for positive change. Its impact extends to diverse areas including transportation, food and agriculture, financial services, overseas Filipino worker (OFW) remittances, energy and utilities, government services, healthcare, insurance, IT and telecommunications, media and entertainment, and real estate.
XGame – Revolutionizing Entertainment in Cebu
In Cebu, a notable breakthrough emerged in the entertainment sector with the introduction of XGame, a Web3 Gaming platform. Empowering players with complete control and eliminating central authority, XGame incorporates non-fungible tokens (NFTs) and blockchain technology. It aims to bridge the gap between gaming and reality by offering play-to-earn games, enabling users to play, earn, and monetize their gaming experiences.
Encouraging Decentralized App Development
With these transformative advancements, XODE encourages developers to contribute to the blockchain ecosystem. Notably, the development of decentralized apps like Xeward is emphasized, offering businesses an opportunity to enhance customer loyalty through innovative reward programs.