ATH Vodka taps Tidefi DEX to launch $ATH token

Rick Steves

Decentralized exchange TIDEFI has teamed up with All Time High (ATH) Vodka to support the launch of the ultra-premium vodka brand’s $ATH token built on the Tidechain, TIDEFI’s layer-one blockchain.

The TIDEFI Exchange will allow users to trade, hold, and stake their $ATH assets through its decentralized platform. The community-focused distribution strategy gives participants opportunities to earn rewards in $ATH tokens and its native $TDFY tokens.

All Time High (ATH) Vodka is a brand by Reset Drinks Limited that is centered around a tokenized reward structure for community members and the exclusive partnership is part of its effort to tokenize real world assets. In this case, vodka. 

First real-world product tokenized on Tidefi

ATH Vodka is looking to disrupt the spirit industry and radically create a new business model that rewards its customers beyond drinking spirit drinks in a way that also benefits the vodka brand. 

Prince Yemoh, CEO of ATH Vodka, said: “Our partnership with TIDEFI has enabled ATH Vodka by way of blockchain technology to sit as a bridge between both industries to unlock and bring real-world value and utility to the masses in the form of tangible digital rewards.”

Daniel Elsawey, CEO and co-founder of Tidefi, commented: “This is the first real-world product tokenized on Tidefi. We are moving tokenization one step further to the masses to allow real-world business and products to benefit from being closer and allowing their community members to interact with them in more than just a transactional relationship.”

ATH Vodka’s bottles are fitted with LED lights

ATH Vodka is marketed as a high-end, ultra-premium brand launched by Reset Drinks Limited, a firm that has 40 years of experience in the hotel, bar, and restaurant sectors. The vodka brand is aimed at being a favorite among celebrities, artists, sports stars, and high-net-worth individuals, and can be found at venues and music festivals. 

This vodka is eight times distilled, using reverse osmosis purified water and 100% natural ingredients, the firm stated, adding it is made out of the best quality French grain. 

The bottle was designed to stand out on the top shelf, sitting taller than anything else on the market and fitted with an LED light. 

10,000 $ATH tokens for the HighLife pass 

The ATH Vodka brand is launching the $ATH token with an initial supply of 1,000,000,000 units distributed through the sale of ATH branded products. Users can acquire ATH before its launch in early Q1 by staking $TDFY. 

Holders of $ATH on the TIDEFI platform are eligible to receive tangible rewards through the support of the ecosystem, the ultimate of which being the implementation of the HighLife pass. 

Those holding over 10,000 $ATH tokens are given the HighLife pass, which gives access to a network of value and utility in the real world with exclusive partners linked to festivals, VIP clubs, luxury hotels, restaurants, and more.

Read this next

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

Digital Assets

Crypto ETFs to debut in Hong Kong next week

Hong Kong has authorized six cryptocurrency-based spot ETFs set to launch on April 30, according to Bloomberg.

blockdag

BlockDAG Among The Best New Crypto To Invest In Post 8 Billion Coins Sales; More On Bitcoin Cash Futures’ Launch & Solana Positive Predictions

Explore Solana’s ATH predictions to see whether it can rise after a $17B dip? BlockDAG sells 8 billion coins in presale as Bitcoin Cash Futures launch.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary:USD, FED, German IFO ,Gold April 24 ,2024

Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

Digital Assets

Binance’s CZ could stay in prison until 2027, wife begs for mercy

Changpeng “CZ” Zhao, the founder and former CEO of Binance, has apologized for his decisions and accepted “full responsibility” in a letter to U.S. District Judge Richard A. Jones.

<