Sharpe AI Lists $SAI Token on Gate.io, Signaling a New Chapter in AI-Powered Crypto Trading

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

Crypto super-app for traders, Sharpe AI, 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 smashed all previous records, achieving an incredible 300x oversubscription. With over 120,000 participants bringing in $576 million in assets, it became one of the biggest IDOs in history—a true milestone moment for the crypto space.

Key Highlights

$SAI Token Utility

$SAI is the native utility and governance token underpinning the Sharpe AI ecosystem. The token is meticulously 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:

Sharpe AI aims to create a token that encourages long-term participation through:

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

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:

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: team@sharpe.ai