Phemex Launches Major Web 3.0 Initiative "Phemexia"

Twitter icon  •  Published 1 year ago  •  Nikolas Sargeant

This “Web 3.0 revolution” will combine centralized and decentralized finance elements

Cryptocurrency exchange Phemex is launching a new Web 3.0 initiative called Phemexia. This “Web 3.0 revolution” will combine centralized and decentralized finance elements. 

Within Phemexia, users can get early access to the Phemex token via pre-mining and the ability to participate in decentralized governance via the Phemex DAO.

In order to gain entry to Phemexia, users must connect an Ethereum wallet and then mint their Pemex Soul Pass

The Phemex Soul Pass is the first Soulbound Token used by a major cryptocurrency exchange to decentralize ownership. These initiatives are taking Phemex from a centralized exchange to a semi-centralized exchange.

Other Phemexia campaigns include staking yields and soulbound token airdrops.

To become an investor with this exchange, read our full Phemex review, to understand the Phemex fee structure, staking options, and the different advantages this exchange offers.

Next article Mt. Gox Set to Begin Repayments in July After Decade-Long Saga


Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.