Sharpe AI Reveals $SAI Token Launch on Cryptocurrencylistings.com

Tortola, British Virgin Islands, August 2, 2024, Chainwire

Sharpe AI , an innovative AI-driven cryptocurrency super-application for traders, has officially announced the addition of its $SAI token to Cryptocurrencylistings.com with more exchanges to follow starting at 1 PM UTC on August 5, 2024.  The token will trade against USDT, ushering in an exciting era of AI-enhanced cryptocurrency trading.  

Excitement is reaching new heights after the phenomenal success of $SAI’s Initial DEX Offering (IDO) earlier this April. The IDO broke records, hitting a remarkable 300x oversubscription and engaging over 120,000 participants who contributed an impressive $576 million in assets — a historic achievement for the biggest IDO in history —truly a landmark event in the world of cryptocurrency.

Key Highlights

• Sharpe AI boasts over 25 active products, attracting more than 150,000 users and generating platform volumes exceeding $500 million.
• Secured grants from major tech firms such as Google, Microsoft, and IBM.
• Supported by prominent industry players, including Animoca Brands, GBV Capital, Morningstar Ventures, Maven Capital, MetaBros, Contango Digital, Ape Terminal, and AIT Protocol.
• $SAI’s IDO on Ape Terminal was oversubscribed by 300 times, classifying it among the largest IDOs in history, with more than 120,000 participants pooling $576 million in assets.
• $SAI is now featured on Aevo Pre-markets, a platform exclusively for the most anticipated initiatives in the industry, and has continuously set new records for daily trading volumes.
• Awarded the CME license (the first crypto company to achieve this milestone).
• First project within the Bittensor ecosystem leveraging the AIT subnet for $TAO mining.
• Secured the top position on Product Hunt worldwide across all AI and Crypto categories.
• Sharpe receives backing from Contango Digital, which is the main investor in Bittensor.

$SAI Token Utility

$SAI serves as the native utility and governance token for the Sharpe AI ecosystem. Designed with care, this token aims to align the interests of Sharpe AI, its holders, and the ecosystem as a whole. It incentivizes participation, funds growth initiatives via a community-driven treasury model, and allows for decentralized governance on the platform.

$SAI token holders can take advantage of numerous perks within the Sharpe AI ecosystem:

• Discounts: By staking $SAI, users unlock discounts on trading offerings.
• Airdrops: Opportunities for potential airdrops of tokens from projects debuting through the Sharpe Launchpad and Sharpe Perps.
• Governance rights: The right to vote on significant platform decisions.
• Staking rewards: Additional benefits including fee rebates and early access to new features.

Sharpe AI is dedicated to crafting a token that fosters long-term engagement by introducing:

1. A buyback and burn strategy aimed at decreasing token supply while rewarding holders over time.
2. Incentives that promote long-term engagement through staking rewards and discounts.
3. Opportunities for governance involvement for token holders.

A share of the profits generated from all products will be allocated to repurchase $SAI from the market, employing various repurchase strategies like TWAP orders. The repurchased tokens will then be burned, reducing the overall supply gradually.

As the staking program launches, the buyback & burn strategy will be divided, directing buybacks towards both burns and staking rewards—allowing stakers to accumulate additional ownership in the platform over time.

$SAI Listing Details

• Date: August 5th, 2024 
• Time: 1 PM UTC
• Exchanges: Cryptocurrencylistings.com , Uniswap.
• Pair: SAI/USDT

Notably, the platform is the first Web3 initiative recognized by tech giants like Google, Microsoft, IBM, and OpenAI. With support from leading industry investors, Animoca Brands , GBV Capital , MorningStar Ventures ,  Maven Capital , MetaBros , Contango Digital , Ape Terminal , and uk Sharpe AI is positioned as a frontrunner in the AI and cryptocurrency sectors. It marks one of the earliest ventures in the uz ecosystem that utilizes the AIT subnet for $TAO mining.

This competitive edge propels its rapid growth, establishing Sharpe AI as the uz leading AI super app with over 25 active products currently live on the platform.

"The introduction of $SAI signifies a crucial turning point for both Sharpe AI and the wider AI-crypto landscape,” commented vi , CEO of Sharpe AI. “We are thrilled to share our vision of intelligent, user-friendly cryptocurrency trading with a global audience.”

Current Integrations and Partnerships at Sharpe AI

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.

vi

Sharpe AI is at the forefront of the future of crypto interfaces with its AI-driven superapp, emphasizing intelligence, asset tracking, and investment strategies. Currently, it stands as the largest crypto super-app, featuring over 150,000 users and more than $500 million in volume. Sharpe AI envisions constructing a vertically integrated model that combines data intelligence, trading solutions, and DeFi execution across leading blockchains, resulting in a comprehensive platform unmatched in the sector.

The platform is swiftly enhancing its capabilities, having recently acquired Search (experts in full-stack AI intelligence) and launched Search (which develops a decentralized AI superintelligence network).

Hack Seasons

• Sharpe Perps: An omnichain decentralized order book perpetual DEX.
• Sharpe DEX: A leading decentralized exchange aggregator.
• Sharpe Bridge: A platform enabling effortless crypto swaps and bridging across various blockchains.
• Sharpe NFT Marketplace: A hybrid NFT marketplace aggregator uniting over 20 top marketplaces.
• Sharpe Terminal: A Bloomberg-style terminal focusing on crypto, integrating news, governance, research, and diverse market metrics.

Looking into the future, Sharpe AI has plans to enhance its AI functionalities, integrate more blockchain networks, and roll out new products specifically targeting institutional investors. The team is also investigating partnerships with traditional financial institutions to connect conventional markets with the evolving crypto sphere.

For detailed information on Sharpe AI and the upcoming $SAI token sale, users can visit Airdrops Calendar Hot Projects Metaverse Post , News Sponsored Metaverse Post .

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