Sharpe AI Announces $SAI Token Listing on Gate.io

General



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


Sharpe
AI
,
an
AI-powered
crypto
super-app
for
traders,
has
announced
the
listing
of
its
token
$SAI
on

Gate.io
followed
by
more
exchanges
starting
at
1
pm
UTC,
5th
August,
2024. The
token
will
be
available
in
the
trading
pair
USDT,
setting
the
stage
for
a
new
chapter
in
AI-powered
crypto
trading.  

The
anticipation
is
soaring
following
the
blockbuster
success
of
$SAI’s
Initial
DEX
Offering
(IDO)
this
past
April.
The
IDO
shattered
all
previous
records,
achieving
an
astounding
300x
oversubscription.
With
over
120,000
participants
bringing
in
$576
million
in
assets,
it
became
one
of
the

biggest
IDO
in
history—a
true
milestone
moment
for
the
crypto
space.


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
is
the
native
utility
and
governance
token
underpinning
the
Sharpe
AI
ecosystem.
The
token
is
carefully
designed
to
align
incentives
between
Sharpe
AI,
token
holders,
and
the
broader
ecosystem.
It
provides
economic
incentives
for
participants,
funds
future
development
and
growth
initiatives
through
a
community
treasury
model,
and
enables
decentralized
governance
over
the
platform.

$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:

  1. A
    buyback
    and
    burn
    mechanism
    to
    reduce
    token
    supply
    and
    reward
    token
    holders
    over
    time
  2. Long-term
    incentives
    through
    rewards
    and
    discounts
    via
    staking
  3. Governance
    participation
    for
    token
    holders

Part
of
the
profits
generated
from
all
products
will
be
used
to
repurchase
$SAI
from
the
open
market
through
a
series
of
repurchasing
programs,
such
as
TWAP
orders.
Tokens
bought
will
be
burned,
deflating
supply
over
time.

As
part
of
the
rollout
of
staking,
the
buyback
&
burn
mechanism
will
split
into
buybacks
that
will
be
allocated
towards
both
burns
and
staking
rewards
—
allowing
stakers
to
accrue
additional
platform
ownership
over
time.


$SAI
Listing
Details

  • Date:
    August
    5th,
    2024 
  • Time:
    1
    PM
    UTC
  • Exchanges:

    Gate.io    ,
    Uniswap.
  • Pair:
    SAI/USDT

The
platform
is
notably
the
first
Web3
project
recognized
by
tech
giants
Google,
Microsoft,
IBM
and
OpenAI. Backed
by
industry-leading
investors

Animoca
Brands,

GBV
Capital,

MorningStar
Ventures,

 Maven
Capital,

MetaBros,

Contango
Digital,

Ape
Terminal,
and

AIT
Protocol.
Sharpe
AI
stands
out
as
a
leader
in
the
AI
x
Crypto
space.
As
one
of
the
first
projects
in
the

Bittensor
ecosystem
leveraging
the
AIT
subnet
to
mine
$TAO.

This
advantage
drives
its
rapid
growth,
establishing
Sharpe
AI
as
the

largest
AI
super
app
currently
boasting
a
live
platform
with
25+
live
products.

“The
listing
of
$SAI
marks
a
pivotal
moment
for
Sharpe
AI
and
the
broader
AI-crypto
ecosystem,”
said

Rishabh
Narang,
CEO
of
Sharpe
AI.
“We’re
excited
to
bring
our
vision
of
intelligent,
accessible
crypto
trading
to
a
global
audience.”


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
pioneering
the
future
of
crypto
interface
with
its
AI-powered
superapp.
With
a
focus
on
intelligence,
tracking,
and
investing
in
digital
assets.
Sharpe
is
now
the
largest
crypto
super-app,
boasting
over
150,000
users
and
more
than
$500M
in
volume.
Sharpe
AI
has
a
vision
of
creating
a
vertically
integrated
moat
by
combining
data
intelligence,
trading
products
and
DeFi
execution
on
leading
chains,
culminating
in
a
comprehensive
platform
unparalleled
in
the
industry.

The
platform
is
rapidly
expanding
its
capabilities,
having
recently
acquired

Brownian
(specializing
in
full-stack
AI
intelligence)
and
launched

HiveIntelligence
(building
decentralized
AI
superintelligence
network).


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

Looking
ahead,
Sharpe
AI
plans
to
expand
its
AI
capabilities,
integrate
with
additional
blockchain
networks,
and
launch
new
products
aimed
at
institutional
investors.
Sharpe
AI
is
also
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,
users
can
visit

Sharpe
AI’s
official
website
or
join
their
community
on

Twitter,

Telegram,
and

Discord.

For
media
inquiries,
users
can
contact:
Email:
[email protected]

Contact



CEO
Rishabh
Narang
Sharpe
Labs
[email protected]


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