The recently launched QMALL token was showing an increase of several thousand percent for several days. The biggest growth was seen a week ago. Despite that some considered this token hype, in fact it is far not so. The founders of the exchange previously announced its launch in conjunction with the NFT marketplace, Metaverse, launchpad. The exchange team managed to conduct several successful rounds of the sale. IDO was also conducted.
Over hundred of participants are now working at the exchange even despite that it has been operating for just a few months. As for the token itself, we can say that it can be used at both the exchnage and the NFT marketplace. Besides, it can be used to pay exchnage fees and other functions. Many exchanges are now starting to develop their Metaverses, as they have become a trend this year and significant funds are being invested in them. Therefore, QMALL exchange representatives are also developing their own Metaverse. The infrastructure will also be built that would include a large number of locations. Varoius goods and services can be also purchase in them. The exhcnage representatives also indicates that this should increase the token among clients
