Passage price

PASG

#5457

PASG is the native token of the Passage ecosystem, designed for:

• Governance: PASG holders can participate in governance and vote on proposals related to the platform's direction and development
• Security & Staking: PASG holders can stake and delegate their tokens to validators to support security of the network. A percentage of tokens spent in the marketplace, as well as inflation, are allocated as rewards.
• Incentivizing Open-Source Contributions: Developers can earn PASG by contributing to open-source development of the platform such as bug fixes, new features, and improvements to existing functionality.
• Decentralized Assets: PASG powers decentralized assets (NFTs) on the Passage platform.

TGE and mainnet launch took place in August 2022, and the token will publicly launch on August 29, 2023 on StreamSwap.

Passage is founded by Lex Avellino, who spent over a decade in virtual production and digital experiences. What began in 2017 as a creative agency for producing digital experiences for leading brands like Warner Brothers Studios, Amazon, Capitol Records, and Red Bull, evolved and expanded into Passage as Avellino saw a growing need for better digital experiences. He began work on Passage in 2020, envisioning a platform that empowered brands and creators to easily build their own immersive worlds and virtual experiences.

The Passage project is led by a team of veterans in blockchain, ecommerce, and virtual production. In mid-2022, Passage hired 2 former executives of Enjin (ENJ)—Caleb Applegate as CEO, and Bryana Kortendick as Chief of Staff—who previously helped lead a $38.9M raise for Efinity (EFI) and helped rally $200M in retail support to secure one of the first Polkadot parachain slots.

The Passage (PASG) token launched publicly on StreamSwap on August 29, 2023.

PASG is currently available on Osmosis and MEXC.