Sharpe AI Token Listing Announcement
On August 2nd, 2024, in Tortola, British Virgin Islands, Chainwire reported that Sharpe AI, a revolutionary AI-powered cryptocurrency super-app for traders, revealed the listing of its token $SAI on Gate.io. This listing marks the beginning of a series of listings on multiple exchanges starting from 1 pm UTC on August 5th, 2024. The token will be tradable in the USDT pair, ushering in a new era for AI-driven cryptocurrency trading.
The buzz around the listing is fueled by the extraordinary success of $SAI's Initial DEX Offering (IDO) earlier in April. The IDO achieved an exceptional 300x oversubscription, attracting over 120,000 participants who collectively invested $576 million. This remarkable achievement positioned $SAI as one of the most noteworthy IDOs in the history of the crypto industry.
Notable Achievements
- Sharpe AI boasts a staggering 25+ live products with a user base exceeding 150,000 and a platform volume surpassing $500 million.
- Secured grants from reputable tech giants including Google, Microsoft, and IBM.
- Supported by prominent figures in the industry such as Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol.
- The $SAI IDO on Ape Terminal witnessed an overwhelming 300x oversubscription, cementing its position as a major milestone in the crypto space with over 120,000 participants contributing assets worth $576 million.
- Listed on the exclusive Aevo Pre-markets, reserved for top-tier projects, with record-breaking daily trading volumes.
- Awarded the prestigious CME license, distinguishing it as the sole crypto company to receive such recognition.
- Spearheaded the first Bittensor ecosystem project utilizing the AIT subnet for mining $TAO.
- Garnered global recognition by ranking #1 on Product Hunt across AI and Crypto categories.
$SAI Token Utility and Governance
The $SAI token serves as the primary utility and governance token within the Sharpe AI ecosystem. Engineered to align incentives among Sharpe AI, token holders, and the ecosystem at large, this token offers various benefits:
- Discounts: Holding and staking $SAI provides discounts on trading products.
- Airdrops: Potential airdrops of tokens from projects launched on Sharpe Launchpad and Sharpe Perps platforms.
- Governance Rights: Empowerment to vote on critical platform decisions.
- Staking Rewards: Yield additional benefits including fee rebates and early access to new features.
Sharpe AI aims to foster long-term engagement by implementing mechanisms such as a buyback and burn strategy to diminish token supply gradually, consequently rewarding token holders. Moreover, it encourages sustained participation through rewards, discounts via staking, and governance involvement for token holders.
As part of its staking rollout, the buyback & burn mechanism will bifurcate into buybacks allocated for both burns and staking rewards, enabling stakers to accumulate greater platform ownership over time.
Listing Details of $SAI
- Date: August 5th, 2024
- Time: 1 PM UTC
- Exchanges: Gate.io, Uniswap
- Pair: SAI/USDT
Sharpe AI, as the pioneering Web3 project acknowledged by tech giants Google, Microsoft, IBM, and OpenAI, with backing from leading investors such as Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol, stands out as a frontrunner in the AI and Crypto convergence. It leverages the Bittensor ecosystem, utilizing the AIT subnet for mining $TAO, which propels its rapid growth and establishes it as the largest AI super app globally, hosting a diverse range of live products.
Current Integrations and Partnerships
Sharpe AI collaborates with a multitude of prominent entities 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, solidifying its position in the market.
About Sharpe AI
Sharpe AI spearheads the evolution of crypto interfaces with its AI-driven super app focused on intelligence, tracking, and investment in digital assets. Boasting a substantial user base exceeding 150,000 and a platform volume exceeding $500 million, Sharpe AI strives to establish a comprehensive platform by integrating data intelligence, trading products, and DeFi execution across leading chains.
The platform's expansion includes the acquisition of Brownian, specializing in full-stack AI intelligence, and the launch of HiveIntelligence, catering to decentralized AI superintelligence network requirements.
Key Products
- Sharpe Perps: An omnichain decentralized orderbook perpetual DEX
- Sharpe DEX: A premier decentralized exchange aggregator
- Sharpe Bridge: Facilitates seamless crypto swapping and bridging across multiple blockchains
- Sharpe NFT Marketplace: A hybrid NFT marketplace aggregator featuring 20+ top marketplaces
- Sharpe Terminal: A comprehensive terminal akin to Bloomberg, consolidating news, governance, research, and diverse market data
Sharpe AI's roadmap includes enhancing AI capabilities, integrating with additional blockchain networks, launching products tailored for institutional investors, and exploring partnerships with traditional financial institutions to bridge the gap between conventional finance and the crypto domain.
For further information on Sharpe AI and the upcoming $SAI token sale, individuals can explore Sharpe AI's official website or engage with the community on social media channels such as Twitter, Telegram, and Discord. Media inquiries can be directed to team@sharpe.ai.
Contact
- CEO: Rishabh Narang
- Company: Sharpe Labs
- Email: rishabh@sharpe.ai
