—— Noticed a piece of news, Earn’M @$EARNM DePIN announced a joint venture with StormX - $STMX , to conduct the first merger issuance / IMO, where users can earn up to 250% annualized returns by staking $EARNM during this IMO period.
(StormX is a top WEB3 cashback platform listed on Binance and Upbit, deeply engaged in the cashback field since 2017)
👉🏻 What is EarnM:
$EARNM has designed a unique system where users do not need to pay GAS fees, using protocol subsidies to convert Web2 users seamlessly into Web3 participants. This blockchain integrates EarnOS and the EARN'M smart wallet, with a system that uses data and attention as currency while sustainably providing on-chain services.
EarnOS: A powerful software that transforms your phone into an EarnPhone, unlocking rewards based on your online activity from apps, carriers, and manufacturers.
EARN'M Smart Wallet: A unique Web3 wallet that transforms your time and attention into currency, allowing you to easily complete blockchain interactions.
💡 Noteworthy:
Earn’M's DePIN phone is now available for purchase through major retailers like Amazon, Walmart, and Best Buy, offering more diverse acquisition methods compared to the Solana phone, which only supports online orders. Thus, Earn'M naturally has a lot of traditional Web2 users.
🔍 Advantages of the merger issuance:
StormX is currently the largest cashback platform in Web3, and Earn'M has many existing users along with a mature offline DePin equipment supply system. The combination of both represents a synergistic advantage, potentially creating a 1 + 1 > 2 high-energy reaction.
🧭 Market cap estimate:
$EARNM will launch with over 13 million on-chain users and over 45 million Web2 users, with an FDV of only 50 million dollars.
Before the TGE, the agreement already generated nearly 6 million US dollars in on-chain transaction fees, indicating that the protocol has strong revenue capability.
—— Current DePin projects often reach hundreds of billions, and Earn'M undoubtedly offers better cost-effectiveness.