As a seasoned researcher with a keen eye for emerging tech trends and a knack for spotting potential game-changers, I can confidently say that the upcoming listing of $SAI on Gate.io and Uniswap is an event not to be missed. The rapid growth and recognition of Sharpe AI within the AI x Crypto space is nothing short of impressive.
Tortola, British Virgin Islands, August 2nd, 2024, Chainwire
Starting from 1 PM UTC on August 5, 2024, Sharpe AI’s token ($SAI) is now listed on Gate.io and will soon be available on more exchanges. Traders can trade this token using USDT as the pairing currency, marking a new phase in the world of artificial intelligence-driven crypto trading.
Enthusiasm is running high after the record-breaking success of $SAI’s Initial DEX Offering (IDO) in April. This IDO broke all previous records, boasting a staggering 300 times oversubscription. With more than 120,000 participants contributing a massive $576 million worth of assets, it ranked among the largest IDOs ever—a significant achievement and a remarkable milestone for the crypto world.
Key Highlights
- Sharpe AI has 25+ live products with over 150,000 users and $500+ million in platform volume
Received grants from Google, Microsoft, and IBM
Backed by industry leaders including Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, AIT Protocol
$SAI IDO on Ape Terminal was 300x oversubscribed, making it one of the biggest IDO in history with over 120k participants connecting $576M in assets
$SAI is listed on Aevo Pre-markets, a spot reserved for only the most anticipated projects in the space, and has smashed every record for daily volumes
Received CME license (the only crypto company that has received it)
First Bittensor ecosystem project, using the AIT subnet to mine $TAO
Ranked #1 on Product Hunt globally for all AI and Crypto categories
Sharpe is backed by Contango Digital (main investor of Bittensor)
$SAI Token Utility
$SAI serves as the essential token within the Sharpe AI network. Its purpose is to harmonize interests between Sharpe AI, token owners, and the wider community. By offering economic rewards for contributors, financing future advancements and expansions via a communal treasury system, and allowing decentralized control over the platform through governance, $SAI plays a crucial role in shaping and growing the Sharpe AI ecosystem.
$SAI token holders will enjoy a range of benefits within the Sharpe AI ecosystem:
- Discounts: Staking $SAI unlocks discounts on trading products
- Airdrops: Potential airdrops of project tokens launching through Sharpe Launchpad and Sharpe Perps
- Governance rights: Ability to vote on crucial platform decisions
- Staking rewards: Additional benefits including fee rebates and early access to new features
Sharpe AI aims to create a token that encourages long-term participation through:
- A buyback and burn mechanism to reduce token supply and reward token holders over time
- Long-term incentives through rewards and discounts via staking
- Governance participation for token holders
As someone who has been in the cryptocurrency market for quite some time now, I find this strategy to be a wise move. Repurchasing and burning tokens like $SAI not only helps in controlling supply but also demonstrates a commitment towards long-term growth. This approach is reminiscent of traditional companies that buy back their shares to boost shareholder value. The gradual deflation of the token’s supply over time can lead to increased scarcity, which could potentially drive up its price and generate more value for investors. I have personally seen the positive impact of such strategies in my own portfolio, making me optimistic about the potential benefits this could bring to $SAI holders.
$SAI Listing Details
- Date: August 5th, 2024
- Time: 1 PM UTC
- Exchanges: Gate.io, Uniswap.
- Pair: SAI/USDT
The platform, a pioneer in Web3, has gained recognition from tech titans like Google, Microsoft, IBM, and OpenAI. It is supported by top-tier investors such as Animoca Brands, GBV Capital, MorningStar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol. Sharpe AI emerges as a key player in the field combining AI and cryptocurrency. Being one of the initial projects within the Bittensor ecosystem utilizing the AIT subnet to mine $TAO, it solidifies its position as a leader.
The significant edge it holds is fueling its swift expansion, making Sharpe AI the most expansive AI super-app at present, featuring a vibrant platform hosting over 25 active services.
“Rishabh Narang, CEO of Sharpe AI, stated that the introduction of $SAI signifies a crucial turning point for Sharpe AI and the expansive AI-cryptocurrency sector. He expressed enthusiasm about making their concept of smart, user-friendly cryptocurrency trading available to a worldwide market.”
Current Sharpe AI Integrations and Partnerships
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, OpenOcean, and more.
About Sharpe AI
Sharpe AI is leading the way into the future of cryptocurrency interfaces, utilizing advanced artificial intelligence within its multi-functional app. The primary aim is to offer intelligence, monitoring, and investment opportunities for digital assets. Currently, Sharpe AI stands as the most extensive crypto super-app, serving over 150,000 users and handling transactions exceeding half a billion dollars. Their vision is to establish a robust competitive advantage by merging data intelligence, trading solutions, and DeFi implementation across leading blockchains, ultimately resulting in an all-inclusive platform that stands out in the industry.
As a crypto investor, I’m thrilled about the rapid growth of our platform. We’ve just added Brownian, a company specializing in full-stack AI intelligence, to our family. Moreover, we’ve launched HiveIntelligence, a project aimed at creating a decentralized AI superintelligence network. This expansion promises exciting opportunities and innovative advancements in the AI sector.
Key Products:
- Sharpe Perps: An omnichain decentralized orderbook perpetual DEX
- Sharpe DEX: A leading decentralized exchange aggregator
- Sharpe Bridge: A platform for seamless crypto swapping and bridging across multiple blockchains
- Sharpe NFT Marketplace: A hybrid NFT marketplace aggregator with 20+ top marketplaces
- Sharpe Terminal: A Bloomberg-like terminal for crypto, consolidating news, governance, research, and various market data
In the future, Sharpe AI intends to enhance its artificial intelligence, connect with more blockchain platforms, and introduce novel offerings tailored for institutional investors. Additionally, Sharpe AI is considering collaborations with established financial organizations to create a seamless connection between traditional finance and cryptocurrency markets.
To learn more about Sharpe AI and the forthcoming $SAI token offering, users are invited to explore our official website or engage with us in our community on Twitter, Telegram, and Discord.
For media inquiries, users can contact: Email: team@sharpe.ai
Contact
CEO
Rishabh Narang
Sharpe Labs
rishabh@sharpe.ai
Read More
Sorry. No data so far.
2024-08-02 17:25