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July 23, 2022 — OccamRazer will be hosting the IDO for MicroChains, the first cross-chain bridge on Cardano to enable mainstream cryptocurrency assets such as BTC, ETH, USDT, USDC, WBTC and more to migrate to Cardano. The MCG token will launch on August 1st, 2022; users can expect it to appear on two tier 1 centralized exchanges the same week.
MicroChains offers a more secure cross-chain bridge built on Cardano; it empowers multi-chain & multi-layer with complete centralized and decentralized cross-chain services. Currently, MicroChains support seamless mutual crossover among 4 chains including BTC, Ethereum, Cardano and Milkomeda. Also, more chains like BNB Chain, Avalanche and Polygon will be supported very soon.
MicroChains’ mission is to have “The Power to Bridge More Emerging Chains” and provide highly secure cross-chain experiences for emerging chains projects and blockchain users. Through the VoMEN Network security solution, which ensures the verification of multiple & enhanced node networks, MicroChains assures its users with the highest levels of security. Furthermore, the project is backed by reputable investors and partners such as Shima Capital, Dutch Crypto Investors, Huobi Trust, Cardano Feed and more.
Given its focus on bringing Cardano forward and improving interoperability between blockchains, MicroChains’ decision to host its IDO on the OccamRazer platform comes as a natural step. OccamRazer has secured its place as one of the leading launchpads on Cardano and beyond, continuing to hold its strong Cardano affiliation through the projects launching on the platform.
“We’re looking forward to lending the OccamRazer platform for the launch of the MCG token. MicroChains’ strong emphasis on security, interoperability and of course their desire to enhance Cardano’s network and capabilities serve as powerful synergies between our projects.” — Michael, Occam DAO Core Contributor
MicroChains, an easy-to-access and easy-to-use bridge for all other projects and users, will launch the MCG token on August 1st, 2022 at 10:00 AM UTC on OccamRazer. The same week, the token is expected to appear on two tier 1 centralized exchanges.
The token’s utilities include protocol governance, such as modification of parameters, public chain support, token support, disposal of treasury funds and fee allocation. Furthermore, it will act as incentives for early adopters and liquidity providers.
“We believe that Cardano is still in its early DeFi stage and our focus on this ecosystem has undoubtedly helped solidify the decision to launch $MCG on OccamRazer. The developments that Occam.fi has already brought to Cardano are noteworthy, and we’re happy to collaborate together to continue enhancing this network.” — Romain Caillet, CMO MicroChains
Original Source: https://medium.com/occam-finance/microchains-the-first-cross-chain-bridge-on-cardano-…
Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.

Get double rewards? Whitelist spots, feedback rewards, and a grand prize pool!
Over the past few months, we have been dedicated to delivering the best cross-chain bridge with a more user-friendly and secure solution. Can’t wait to share this big news with you: MicroChains V2 public testnet is now live! Let’s celebrate the successful deployment of public testnet together and mark this exciting milestone!
Up to 2000 whitelist spots. Up to 50,000 USDT rewards!
The beta testing is to get feedback from the community so that ensure everyone interacts with protocol intuitively.
3 reasons for V2 beta testing:
1. Let users get familiar with product UI/UX and features for better experiences.
2. Collect reasonable suggestions/analysis on the product V2 from users
3. Identify early adopters and incentivize them
Step 1: Follow us on Social
Follow Twitter @MicroChainsCbtc & Join the Discord channel and Telegram.
Step 2: Submit a test application
Apply whitelist here: https://forms.gle/7sYStJwTZsRA87Qp8
Whitelist application time: April 29th 8:00 — May 11st 13:00 2022 (UTC+0)
Available whitelist spots: 2,000
After the whitelist application is approved, you can get access to it via our official website. Welcome to share your feedback on the MicroChains Discord #testnet channel or write down your thoughts via this form!
*Whitelist results will be announced regularly. For those who win the test whitelist spot, we will publish the ETH account address on Google form.
Step 3: Submit feedback and earn rewards
Complete testing? Then please submit Feedback: https://forms.gle/CCQ8cCuGNZHMDnQo6 or go to our Discord/Telegram to share your opinions or ask any questions.
Please kindly consider what changes/improvements of the V2 product you’d like to see. Users who provide valuable feedback split $50,000 rewards. More contributions and interactions will increase the chances of winning rewards.
Beta testing event: April 29th 8:00 2022 — May 14th 8:00 2022 (UTC+0)
MicroChains (previously CBTC Bridge), as the first cross-chain bridge built on Cardano, is to provide more secure cross-chain solutions for emerging chains and all public chains with the goal of “The Power to Bridge More Emerging Chains”. It performs a 1:1 secure cross-chain of assets by locking source chain assets to a compliant custodian and minting tokens on the destination chain.
MicroChains now is bring $BTC, $ETH and stablecoins ($USDT, $USDC) to Cardano ecosystem! In product V2 Testnet, Bitcoin, Ethereum, and Cardano networks are integrated into our cross-chain ecosystem in which users can move assets mutually from one chain to another.
Microchains team will continue to explore more in the cross-chain bridge track and will support more chains & ecosystems!
We are making final efforts on product V2 and will bring a safer and more convenient cross-chain bridge. Please stay tuned for our development in the next few weeks!
Twitter: https://twitter.com/MicroChainsCbtc
Telegram:https://t.me/MicroChains
Discord: https://discord.gg/WCcrt7NttY
Original Source: https://medium.com/@MicroChains/microchains-v2-beta-testing-event-join-now-to-earn-juicy-rewards-35f12d054608
Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.