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Cryptocurrency News Articles

Utility-Meme Coin Project SquidGrow Expands into the World of Sports and Entertainment

May 28, 2024 at 10:08 pm

This year, utility-meme coin project SquidGrow is helping bring sports right into the world of the world's largest crypto gathering

Utility-Meme Coin Project SquidGrow Expands into the World of Sports and Entertainment

CoinDesk, a local media company, will host Consensus 2024 in Austin, Texas, from May 29 to 31. The world's largest crypto gathering will concentrate on addressing industry difficulties by assembling investors, founders, developers, companies, and policymakers under one roof for discussions on critical topics.

This year, utility-meme coin project SquidGrow is helping bring sports right into the world of crypto. The project will be sponsoring the full-contact karate league Karate Combat at the event.

The event will see over 6,800 companies, more than 850 investors, and 15,000+ attendees from over 100 countries and $3 trillion in total assets under management (AUM) come together to discuss crypto, which SquidGrow will take advantage of.

The Karate Combat will be held on May 30th at 6:00 PM CT in the Austin Convention Center, and it will feature ten professional fights and the second installment of its Influencer Fight Club (IFC).

As a lead sponsor of the Karate Combat, SquidGrow will be featured in KC 46 3D VFX environment, KC pit, socials, video ads during the IFC live broadcast, and much more. Additionally, SquidGrow founder and CEO Shibtoshi will make an appearance on stage with the likes of GSP, Bas Rutten, Mike Majlak, and President Awesome, along with all the fighters during the ceremonial weigh-ins.

This way, the Consensus event offers SquidGrow a tremendous opportunity to enhance visibility and brand recognition. Being the crypto industry's longest-running and most influential gathering of prominent names, the event provides the ability to have valuable collaborations and connect with like-minded individuals and business partners. In addition to network opportunities, this gives SquidGrow a chance to attract potential customers, create a sense of community, and foster a supportive ecosystem.

Karate Combat, a fan-governed striking league that blends live-action Karate with realistic CGI environments, also offers SquidGrow an audience of millions and hundreds of millions in digital views every month.

Not to mention, the league is streamed and broadcast to over 100 countries worldwide, providing an expansive platform for SquidGrow to reach a wide audience and spread the word around.

A Utility-Meme Coin Ready to Take Over the World

The Karate Champion sponsorship at the Consensus 2024 is just the beginning of SquadGame’s plan to expand its presence in the crypto, sports, and entertainment world.

SquidGrow is a meme token that is live on Ethereum and Binance Smart Chain networks and is known for its special focus on providing utility to users while ensuring an ultimate secure crypto investment experience.

To offer crypto users a thrilling experience, SquidGrow has created a vast ecosystem of applications that range from SGS – a DEX, SGX – a Perpetual Exchange, Inkubate – an NFT Marketplace, a Liquidity Locker, and Silent Swap – a Privacy Crosschain Aggregator.

SquidGrow has also partnered with Ultimo, a crypto debit card that acts as a DeFi off-ramp and on-ramp and allows spending crypto gains.

At the core of this ecosystem is the utility-meme multichain token SQUIDGROW, which has a market cap between $17 million and $20 million. As of writing, SQUIDGROW is trading at $0.00000001409. It has a total supply of 1,000,000,000,000,000, the vast majority of which is currently circulating in the market. So far, SQUIDGROW has 23,240 token holders.

Besides leveraging the technology to offer its users utility, SquidGrow also takes advantage of its team, which is made of blockchain veterans, starting with founder and CEO Shibtoshi, a notable figure in the crypto world. The team further includes COO Michael Huynh, the co-founder of DCENTRAL, who handled marketing at Polygon, and chief creative officer (CCO) Mike, the artist behind DC Comics INJUSTICE: GODS AMONG US.

SquidGrow also employs ambassadors to help advance its project, including entrepreneur and crypto analyst Wendy O, Dogecoin Millionaire Prothedoge, and professional MMA Daniel “D-Rod” Rodriguez.

So, with a user-centric approach, SquidGrow has cultivated a dynamic community of strong supporters. This, along with a strong network of ambassadors and a skilled team of crypto veterans, helps the platform evolve and lead the ever-changing crypto landscape.

By supporting events like Karate Combat at Consensus, SquidGrow can further advance its platform, grow the project presence, and boost token adoption while moving the entire crypto industry forward.

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