Web3 creator growth platform Alt.town has pushed out complete in-platform functionality for its native token, $TOWN token utility , offering users new options to utilize it across services. To mark the milestone, the team has also created the “ValueFi Deposit Event.”
With the latest upgrade, holders may now exchange $TOWN with KEY, Alt.town’s fundamental point system. KEY plays a crucial part in DNA (creator token) trade and content payouts, meaning $TOWN is no longer merely a trading asset—it now stimulates genuine platform demand.
As part of the ValueFi Deposit Event, customers who swap $TOWN for KEY and maintain their KEY on the platform may receive MILE point rewards as interest. KEY remains marketable and useable inside Alt.town, and benefits continue as long as holdings aren’t removed. The event provides a prize fund of around $10,000, aimed at promoting long-term holding and enhancing ecological stability.
This news comes soon after $TOWN’s August 26 listing on Binance Alpha, Bitget, Gate.io, and MEXC, a big step forward in Alt.town’s worldwide development. Unlike many Web3 initiatives that rely solely on short-term liquidity, Alt.town is promoting their ValueFi model, which emphasizes utility and active engagement from both fans and artists.
Alt.town is constructed by a team led by a former CTO of SM Entertainment, with blockchain and content professionals. At the core of the platform is the DNA tokenization system, which translates creative IP into marketable tokens while reflecting fan interaction and creator activity on-chain in real time.
Eugene, CEO of bitBLUE, said, “This update is a major step in building real-world utility for $TOWN. We’ll continue growing use cases and alliances globally to build a sustainable Web3 ecosystem.”
About bitBLUE
bitBLUE is a company focusing on developing a “Web3 Culture Company.” Through Alt.town, it brings together content IPs, NFTs, and fan involvement under one ecosystem. The platform tokenizes creative activity into DNA tokens and on-chain fanbase involvement, seeking to build permanent value in the Web3 realm. Beyond IPs, bitBLUE also interacts with partners internationally to build the Web3 cultural ecosystem.
Website: https://www.bitblue.team/en
Disclaimer:This article is based on a press release published by Chainwire. It is intended for informational purposes only and should not be considered investment
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