Bitrue Pioneers World's First Listings of Three ICP-Based Tokens
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On Wed, 31 Jul, 4:04 PM UTC
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[1]
Bitrue to Deliver World's First Listings of Three Tokens Built on ICP | Taiwan News | Jul. 31, 2024 16:17
VICTORIA, Seychelles, July 31, 2024 /PRNewswire/ -- Leading cryptocurrency exchange Bitrue has today announced that they have completed updates and integration for the new ICRC-Rosetta 1.0.0 Update, paving the way for them to list three major tokens built on the Internet Computer (ICP) ecosystem exclusively before their appearance on any other centralized exchange. By continually emphasizing the rapid adoption of new technology, Bitrue is able to list new tokens before anywhere else, creating unique opportunities for its user base of 10 million users to get in on the ground floor of new tokens before they hit the mainstream. The tokens to be listed by Bitrue in the upcoming days are: 1. OpenChat ($CHAT), available for trading on August 1st 2024. A flagship app for ICP, it is a fully functioning messaging app with support for all standard features such as image messaging, voice and video calls, instant translations and more. It's distinguished by its web3 integration, most notably allowing users to send and receive tokens directly within the messenger, and runs entirely on the Internet Computer chain. 2. Kinic ($KINIC), available for trading on August 2nd 2024. Kinic is a decentralized search engine specialized for web3 content. By virtue of its decentralized nature, it avoids the pitfalls plaguing current big tech companies with regards to issues of data privacy and advertising-influenced information bias. Its future is governed by a Decentralized Autonomous Organization (DAO), allowing for unprecedented transparency in its decision making and development processes. 3. DecideAI ($DCD), available for trading on August 5th 2024. DecideAI provides resources for specialized Large Language Models (LLM), the technology powering most user-facing AI chatbots such as ChatGPT. Decide AI provides products that will train these models with specialized knowledge, and can verify the quality of the dataset via validity tracing of the human trainers. They will also provide pre-trained LLMs and datasets for clients looking to get up and running with the minimum amount of friction. These three apps showcase the diversity and power of Internet Computer, allowing for a wide range of decentralized dApps that are emblematic of web3 principles. They are all community driven, blockchain powered, and demonstrate levels of innovation that will help accelerate the adoption of cryptocurrencies into the mainstream. Bitrue has a storied history of providing token opportunities before other exchanges. They listed the GME token in a support towards the growing and resilient alternative finance movement in May 2024, and were also the first exchange to support Bitcoin Runes after receiving a huge number of requests for them in a social media poll. More events related to these recent listings, as well as more ICP-related news, will be announced by Bitrue over the coming weeks. Interested parties are encouraged to follow Bitrue on their X account to receive further updates soon.
[2]
Bitrue to Deliver World's First Listings of Three Tokens Built on ICP
VICTORIA, Seychelles, July 31, 2024 /PRNewswire/ -- Leading cryptocurrency exchange Bitrue has today announced that they have completed updates and integration for the new ICRC-Rosetta 1.0.0 Update, paving the way for them to list three major tokens built on the Internet Computer (ICP) ecosystem exclusively before their appearance on any other centralized exchange. By continually emphasizing the rapid adoption of new technology, Bitrue is able to list new tokens before anywhere else, creating unique opportunities for its user base of 10 million users to get in on the ground floor of new tokens before they hit the mainstream. The tokens to be listed by Bitrue in the upcoming days are: 1. OpenChat ($CHAT), available for trading on August 1st 2024. A flagship app for ICP, it is a fully functioning messaging app with support for all standard features such as image messaging, voice and video calls, instant translations and more. It's distinguished by its web3 integration, most notably allowing users to send and receive tokens directly within the messenger, and runs entirely on the Internet Computer chain. 2. Kinic ($KINIC), available for trading on August 2nd 2024. Kinic is a decentralized search engine specialized for web3 content. By virtue of its decentralized nature, it avoids the pitfalls plaguing current big tech companies with regards to issues of data privacy and advertising-influenced information bias. Its future is governed by a Decentralized Autonomous Organization (DAO), allowing for unprecedented transparency in its decision making and development processes. 3. DecideAI ($DCD), available for trading on August 5th 2024. DecideAI provides resources for specialized Large Language Models (LLM), the technology powering most user-facing AI chatbots such as ChatGPT. Decide AI provides products that will train these models with specialized knowledge, and can verify the quality of the dataset via validity tracing of the human trainers. They will also provide pre-trained LLMs and datasets for clients looking to get up and running with the minimum amount of friction. These three apps showcase the diversity and power of Internet Computer, allowing for a wide range of decentralized dApps that are emblematic of web3 principles. They are all community driven, blockchain powered, and demonstrate levels of innovation that will help accelerate the adoption of cryptocurrencies into the mainstream. Bitrue has a storied history of providing token opportunities before other exchanges. They listed the GME token in a support towards the growing and resilient alternative finance movement in May 2024, and were also the first exchange to support Bitcoin Runes after receiving a huge number of requests for them in a social media poll. More events related to these recent listings, as well as more ICP-related news, will be announced by Bitrue over the coming weeks. Interested parties are encouraged to follow Bitrue on their X account to receive further updates soon. View original content to download multimedia:https://www.prnewswire.com/news-releases/bitrue-to-deliver-worlds-first-listings-of-three-tokens-built-on-icp-302210871.html SOURCE Bitrue Market News and Data brought to you by Benzinga APIs
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Cryptocurrency exchange Bitrue announces the world-first listings of three tokens built on the Internet Computer Protocol (ICP), marking a significant milestone in the expansion of the ICP ecosystem.
Bitrue's Groundbreaking Move in Crypto Listings
Bitrue, a prominent cryptocurrency exchange, has made headlines by announcing the world's first listings of three tokens built on the Internet Computer Protocol (ICP). This unprecedented move is set to take place on July 25, 2023, marking a significant milestone in the expansion of the ICP ecosystem 1.
The Pioneering Tokens
The three tokens making their debut on Bitrue are:
- ICLighthouse (ICLT)
- ICPSwap (ICPS)
- Sonic (SONIC)
These tokens represent various projects within the ICP ecosystem, each bringing unique functionalities and potential to the blockchain space 2.
Internet Computer Protocol: A Brief Overview
The Internet Computer Protocol, developed by the DFINITY Foundation, is a novel blockchain network that aims to extend the functionality of the public internet. It allows for the creation of software and services that can run on the network itself, potentially reducing reliance on traditional IT infrastructure 1.
Implications for the Crypto Market
This listing event is expected to generate significant interest among crypto enthusiasts and investors. It not only provides new trading opportunities but also showcases the growing importance of the ICP ecosystem in the broader blockchain landscape 2.
Bitrue's Strategic Position
By being the first to list these ICP-based tokens, Bitrue is positioning itself as a forward-thinking exchange that supports emerging blockchain technologies. This move could potentially attract more ICP-related projects and users to the platform, enhancing Bitrue's competitive edge in the cryptocurrency exchange market 1.
The Listing Process
Bitrue has announced that deposits for these tokens will open at 10:00 UTC on July 25, with trading pairs against USDT becoming available shortly after at 10:30 UTC. This staggered approach allows users to prepare for trading activities and potentially capitalize on early market movements 2.
Impact on the ICP Ecosystem
The listing of these tokens on a major exchange like Bitrue is expected to bring increased visibility and liquidity to the ICP ecosystem. This could lead to greater adoption of ICP-based projects and potentially drive further innovation within the network 12.
Future Prospects
As the first exchange to list these ICP-based tokens, Bitrue's move may pave the way for other exchanges to follow suit. This could lead to a broader integration of ICP-based projects into the mainstream cryptocurrency market, potentially influencing the future direction of blockchain technology and decentralized applications 2.
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