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SirWin
SirWin
SirWin

Tusima Network raises millions; Launches Galactic to mine 5% TSM token

Press Releases
Tusima Network raises millions; Launches Galactic to mine 5% TSM token

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Tusima Network, a leading innovator in Web 3.0 infrastructure, today announced its mission to connect real-world businesses (RWB) with the decentralized world of Web 3.0.

Tusima offers a suite of solutions designed to seamlessly integrate real-world operations onto blockchain networks.

Core functionalities of Tusima Network include:

  • Tusima Galactic: This modular blockchain leverages cutting-edge technologies like zkEVM to deliver secure and efficient on-chain services for RWB applications, all at significantly lower costs.
  • Realink: This integration technology bridges the gap between traditional businesses and the blockchain, unlocking a range of benefits for RWB participants. These include expanded business scenarios, clear asset ownership, and efficient asset liquidity. 
  • Tusima zkBridge: This trustless cross-chain communication protocol, powered by zero-knowledge proofs, facilitates seamless connection across the entire Web 3.0 ecosystem for RWB. This allows real-world businesses to effortlessly expand their reach onto any blockchain network.

Looking ahead, Tusima is actively developing its technology in several key areas:

  • Tusima Galactic (zkEVM Layer 2): Ongoing efforts focus on optimizing scalability and reducing gas costs through zkEVM and Validium technology.
  • Real-World Business Application Testing: Tusima is developing specialized circuits designed specifically for RWB applications, aiming to further enhance efficiency and lower gas costs.
  • Expanding Real-World Business Access: Tusima is collaborating with payment providers to onboard more businesses and users. The current network surpasses 300,000 payment devices and nearly a million users.
  • Stablecoin-Centered Financial Services: The future plan involves building financial services based on stablecoins, initially focusing on offline businesses in Japan and gradually expanding globally. This aims to reduce transaction costs and establish a credit-based finance system integrating Web 2.0 and Web 3.0.

The Tusima Galactic campaign runs until April 30, 2024

Deposit assets like ETH, USDT, USDC, and TRIAS to receive potential rewards, including future token airdrops and ecosystem incentives.

About Tusima Network

Tusima Network is a leading innovator in Web 3.0 infrastructure, dedicated to bridging the gap between real-world businesses and the decentralized world. Through its suite of solutions, Tusima empowers businesses to unlock the full potential of Web 3.0 technologies, while ensuring security, efficiency, and cost-effectiveness.

To learn more about this project, visit the Tusima website or Join the community via:  

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