Gateio Lists SAI Token from Sharpe AI
Tortola, British Virgin Islands – August 2nd, 2024 – Sharpe AI, a revolutionary crypto super-app powered by artificial intelligence, has announced the listing of its token $SAI on Gate.io, with plans to expand to more exchanges starting on August 5th, 2024 at 1 pm UTC. This listing will introduce a new era in AI-powered crypto trading.
The excitement surrounding $SAI has been skyrocketing since its highly successful Initial DEX Offering (IDO) in April. The IDO surpassed all expectations, achieving an incredible oversubscription rate of 300x. With over 120,000 participants and $576 million in assets, it became one of the largest IDOs in history, a significant milestone for the crypto industry.
Here are some key highlights about Sharpe AI:
– Sharpe AI currently offers over 25 live products and boasts a user base of over 150,000 with a platform volume exceeding $500 million.
– The company has received grants from tech giants like Google, Microsoft, and IBM, highlighting its credibility in the industry.
– Sharpe AI has gained support from renowned industry leaders, including Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol.
– The $SAI IDO on Ape Terminal was oversubscribed by 300x, making it one of the biggest IDOs in history, with over 120,000 participants contributing $576 million in assets.
– $SAI is listed on Aevo Pre-markets, a prestigious spot reserved for the most anticipated projects in the crypto space, and has broken records for daily volumes.
– Sharpe AI is the only crypto company that has received a CME license, further solidifying its position in the market.
– It is the first project in the Bittensor ecosystem to utilize the AIT subnet for mining $TAO.
– Sharpe AI has been ranked number one globally on Product Hunt in both the AI and Crypto categories.
The $SAI token serves as the native utility and governance token within the Sharpe AI ecosystem. It is designed to align incentives between Sharpe AI, token holders, and the broader ecosystem. The token provides economic incentives, funds future development and growth initiatives through a community treasury model, and enables decentralized governance over the platform.
$SAI token holders will enjoy various benefits within the Sharpe AI ecosystem, including discounts on trading products, potential airdrops of project tokens, voting rights on platform decisions, and staking rewards such as fee rebates and early access to new features. Sharpe AI aims to encourage long-term participation through a buyback and burn mechanism to reduce token supply, long-term incentives through rewards and discounts via staking, and governance participation for token holders.
In terms of listing details, $SAI will be listed on Gate.io and Uniswap on August 5th, 2024, with the trading pair SAI/USDT. This listing marks a significant milestone for Sharpe AI and the broader AI-crypto ecosystem, as the company aims to bring intelligent and accessible crypto trading to a global audience.
Sharpe AI stands out as a leader in the AI x Crypto space, being recognized as the first Web3 project by tech giants Google, Microsoft, IBM, and OpenAI. The company is backed by industry-leading investors, including Animoca Brands, GBV Capital, MorningStar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol. As part of the Bittensor ecosystem, Sharpe AI leverages the AIT subnet for mining $TAO, contributing to its rapid growth and making it the largest AI super app with a live platform offering over 25 products.
Rishabh Narang, the CEO of Sharpe AI, stated, “The listing of $SAI is a monumental moment for Sharpe AI and the AI-crypto ecosystem as a whole. We are thrilled to bring our vision of intelligent and accessible crypto trading to a global audience.”
Sharpe AI has integrated with numerous platforms and partnered with several companies, including Aethir, Ionet, Bittensor, Lido, Aevo, Hyperliquid, Arbitrum, Aioz, Paradigm, Orderly Network, Paradex, 0x, Eesee, TradingView, Li.Fi, LogX, AIT Protocol, Ape Terminal, Aave, HyperGPT, Paraswap, Galxe, Arbitrum, Mantle, and OpenOcean. The company is continuously expanding its capabilities and aims to launch new products targeting institutional investors. Additionally, Sharpe AI is exploring partnerships with traditional finance institutions to bridge the gap between conventional and crypto markets.
For more information about Sharpe AI and the upcoming $SAI token sale, please visit Sharpe AI’s official website or join their community on Twitter, Telegram, and Discord.
For media inquiries, please contact CEO Rishabh Narang at [email protected]
Contact:
CEO Rishabh Narang
Sharpe Labs
[email protected]
