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Cryptocurrency News Articles
Devine Protocol Presale: A New Era of Event Forecasting on SUI
Feb 07, 2025 at 09:03 pm
Prediction markets are rapidly becoming a cornerstone of the decentralized finance (DeFi) ecosystem, enabling users to speculate on real-world events—from
Devine Protocol, a prediction market protocol on the SUI blockchain, has announced the launch of its presale on February 6th, giving early supporters a chance to acquire $DEVI tokens before they hit Cetus at a projected valuation of $5 million.
This presale, which will continue for a few days, presents an opportunity to join a rapidly growing segment of the decentralized finance (DeFi) industry. Prediction markets allow users to speculate on real-world events, ranging from sports and politics to global economic indicators.
With platforms like Polymarket leading the way, Devine Protocol is aiming to capture a portion of this market by harnessing the speed, security, and scalability of the SUI blockchain.
Prediction markets, known for harnessing collective intelligence, enable participants to wager on the outcomes they believe are most likely to occur. The collective information often leads to surprisingly accurate forecasts, appealing to both experienced traders and curious newcomers alike.
However, high fees and slow transactions have hindered growth on older blockchains. By building on SUI, Devine Protocol promises near-instant settlements and minimal transaction costs, setting the stage for a more accessible and efficient prediction environment.
At the core of Devine Protocol is the $DEVI token, which powers an array of platform features. Here are a few of its use cases:
Market Creation: By staking 100,000 $DEVI, users can propose new markets covering any event or topic—from elections and sports to financial news. Market creators earn a share of trading fees, providing a strong incentive for innovative forecasting.
Community-Driven Governance: Token holders can vote on protocol upgrades, fee structures, and other key decisions, ensuring the platform evolves in line with user needs.
AI-Assisted Insights: Devine Protocol plans to integrate AI-based analytics, offering $DEVI token holders data-driven insights to refine their predictions.
The $DEVI presale will begin on February 6th at 1pm UTC, with a target raise of 200,000 $SUI. This presale will allocate 20% of the total 10 million $DEVI supply, with presale prices set at 1 SUI = 10 $DEVI.
Contributors must make a minimum purchase of 50 SUI and a maximum of 10,000 SUI. Tokens will be distributed to contributors 24 hours after the presale concludes.
To participate in the presale, follow these steps:
Set Up a SUI-Compatible Wallet: Download a wallet like SUI Wallet or Suiet and safely store your seed phrase.
Buy SUI: Transfer SUI from a trusted exchange into your new wallet.
Join Presale: Head over to the Devine Protocol website, find the presale page, and contribute.
Receive $DEVI: Your tokens will be airdropped after the presale concludes, putting you in the running for potential gains once $DEVI lists at a $5M valuation on Cetus.
For further assistance, check out this guide on how to join the presale.
Join the Telegram & Discord communities to be notified the moment the presale goes live.
With predictions pointing towards a promising future for blockchain-based event forecasting, Devine Protocol's model of low fees, rapid transactions, and community governance is certainly noteworthy.
Early adopters not only secure $DEVI at presale rates but also gain a front-row seat in shaping the platform's direction.
For those seeking the next big DeFi opportunity on SUI, Devine Protocol offers an exciting combination of innovative features, solid tokenomics, and the potential for high returns—making this presale an event you won’t want to miss.
Website: https://devineprotocol.com
X: https://x.com/devineprotocol
Telegram: https://t.me/devineprotocol
Discord: https://discord.com/invite/devineprotocol
Blog: https://devineprotocol.medium.com/
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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