Singapore, Singapore, twenty eighth September, 2022, Chainwire
$INR is stay on Huobi, after profitable VC rounds and several other strategic partnership bulletins. Buying and selling formally opened at 13:00 UTC as we speak, September twenty eighth and the venture noticed its token trending up from $0.22 to $0.44 inside the first few hours. The itemizing is a vital milestone for Inery on its journey to revolutionize how knowledge is dealt with on the decentralized internet.
Inery, a decentralized knowledge system envisioned to allow a brand new paradigm for knowledge administration, has been listed on Huobi alternate, one of many world’s main crypto exchanges, supporting over 1000 buying and selling pairs and greater than 600 cryptocurrencies. It will assist carry Inery’s imaginative and prescient to the markets and onboard extra folks in its mission to reshape the world via the paradigm shift in knowledge administration.
Inery Decentralized Information System
Particularly designed to deal with database administration by integrating blockchain functionalities and distributed database properties, this venture goals to allow interoperability between totally different industries with out compromising safety, pace, or efficiency.
Inery Decentralized Information System will allow customers to learn, write, delete, and management their knowledge, ushering in a brand new decentralized and secured web period, the place knowledge loss and misuse will not be a difficulty. With a proprietary blockchain working on MEM (reminiscence) nodes, Inery is ready to guarantee this, whereas including a degree of encryption guaranteeing knowledge privateness.
Made to not solely present an improve to Web3, but in addition be extra eco-friendly and cost-efficient, Inery is a venture providing real-world use instances to people, enterprises, and governments within the house of healthcare, GameFi, finance, and extra.
The $INR token is the community’s native token, used to safe and empower the Inery ecosystem.
Profitable VC spherical, partnerships, recognition
The itemizing comes after Inery carried out profitable funding rounds, the place it noticed VCs like World Rising Markets (GEM) make investments $50 million. Different enterprise capital traders to affix Inery embody Metavest who invested at a valuation of $128 million, Nebulous Holdings AG, Zazen, Menas World, Cap Lion Level, and Reality Ventures.
In recognition of its achievements, Inery has already obtained prestigious awards within the blockchain house. It was not too long ago accoladed because the “Finest Rising Blockchain Answer” on the Leaders in Fintech 2022 Awards and its CEO Dr. Naveen Singh obtained the “Blockchain Chief of the Yr” award on the prestigious GB Tech Awards.
Inery can be one of many few tasks to have a public testnet launch in August forward of its itemizing. Its profitable testnet launch with over 160 nodes allowed builders to check the totally different capabilities and options of its blockchain. With the suggestions obtained, it is going to transfer forward with its mainnet anticipated to launch in Q1 2023.
INR is presently stay on Huobi with the buying and selling pair INR/USDT. The token has achieved a buying and selling quantity of 1.2 Million $INR. It launched at a value of $0.22 and is buying and selling at $0.43. Withdrawals start tomorrow, September 29, at 13:00 (UTC).
Throughout the first month of buying and selling $INR on Huobi, merchants can present liquidity within the staking swimming pools for staking rewards and transaction charges. Merchants may also profit from INR buying and selling competitions to win awards in prize swimming pools throughout the identical interval. In addition to staking campaigns and buying and selling competitions, they may run KOL competitions. Observe Inery’s bulletins on Twitter and Discord to remain up to date.
Inery is led by Dr. Naveen Singh, CEO and Founder; Ivan Vujic, CTO and Founder, and Simon Murray, founding father of Orange Telecom – CBE and Chairman. Mr. Satjiv S. Chahil, former Vice President of World Advertising at Apple, not too long ago joined the Advisor board as the brand new Principal Advisor previous to the $INR itemizing to assist drive mainstream adoption.
Inery is a layer-1 blockchain answer that gives a decentralized, safe, and clear basis for decentralization of information and its administration. Inery envisions a paradigm shift in knowledge and database administration by integrating blockchain know-how and distributed database synergies.
Director of Advertising & PR
- Tijana D Gertner
- INERY PTE. LTD.
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