NEWPORT BEACH, Calif. - TelAve -- Sumcoin, an index-based cryptocurrency designed for direct peer-to-peer payments, announced continued expansion of the Sumcoin Marketplace, a classifieds-style platform where individuals can list goods and services and trade directly using SUM without intermediaries.

Unlike exchange-dependent crypto models, the Sumcoin ecosystem is built around real-world utility: a self-custody mobile wallet, a marketplace designed for everyday listings, and a peer-to-peer experience intended to function more like digital cash than a speculative instrument.

Sumcoin Marketplace (official):
https://sumcoinmarketplace.com/ (https://sumcoinmarketplace.com/?utm_source=chat...)

More on TelAve News

• Crossroads4Hope Welcomes New Trustees to Board of Directors as Organization Enters 25th Year of Caring
• PromptBuilder.cc Launches AI Prompt Generator Optimized For ChatGPT, Gemini, Grok & Claude
• UK Financial Ltd Advances Compliance Strategy With January 30th CATEX Exchange Listing Of Maya Preferred PRA Preferred Class Regulated Security Token
• NOW OPEN - New Single Family Home Community in Manalapan
• Kintetsu And Oversee Announce New Partnership

New user rewards and referrals

To help new users get started, Sumcoin Marketplace offers a rewards system that issues SUM to eligible users for participation, including signup and referrals, and ongoing marketplace activity.

These incentives are delivered through the Sumcoin Wallet, which is the primary self-custody wallet used across the ecosystem.

Sumcoin Wallet:
https://sumcoinwallet.org

Built-in faucet for learning and testing

The Sumcoin Wallet includes a built-in faucet designed to help users receive small amounts of SUM for learning, testing, and getting familiar with peer-to-peer transactions.

Proof-of-Work users: migration guidance for legacy balances

For long-time users still holding legacy Proof-of-Work (PoW) balances, Sumcoin provides a published process for migrating eligible balances into the Proof-of-Stake (PoS) network. The official migration page explains the timeline and steps, including that the USA migration launch began July 15, 2025. (BMCS) is Eligible.

More on TelAve News

• TMI Apparel Drops the "I'm Not Crazy, I'm Curated" Crop Hoodie
• Save 10 Percent Off KeysCaribbean's Newly Added Luxury Vacation Home in Marathon
• Why 'Instant-Liquidity' Gaming is Dominating the Nordic Tech Demographic
• STATEMENT: Shincheonji on Religious Freedom Controversy
• SheRising: Friends in Solidarity Hosts Webinar on Women in South Sudan

Migration information:
https://www.sumcoin.org/migrations/ (https://www.sumcoin.org/migrations/?utm_source=chatgpt.com)

Availability and next steps

New users can begin by downloading the Sumcoin Wallet, creating a Marketplace account, and posting a listing to start engaging in peer-to-peer trade. Marketplace participation, referrals, and ongoing activity may qualify users for SUM-based rewards, distributed through the wallet.

Official project site:
https://www.sumcoin.org/ (https://www.sumcoin.org/?utm_source=chatgpt.com)

For ongoing updates:
https://x.com/SumcoinIndex

Squawk LLC encourages users to practice standard digital asset safety such as maintaining control of their private keys, never sharing seed phrases, and verifying official domains before interacting with any wallet, marketplace, or third-party service.

Media Contact: contact@squawk.llc Or call/text  1-408-786-7919