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Singapore, Singapore, 28 September 2022, Chainwire
$INR has gone public on Huobi after a successful VC round and several strategic partnership announcements. Trading officially started today at 13:00 UTC on September 28th, with the project’s token rising from $0.22 to $0.44 in the first few hours. This list is an important milestone for Inery to revolutionize the way data is processed on the decentralized web.
ineryA decentralized data system envisioned to enable a new paradigm of data management, is listed on Huobi Exchange, one of the world’s leading cryptocurrency exchanges, with over 1000 trading pairs and over 600 trading pairs. cryptocurrencies supported. This brings Inery’s vision to the market and enables more people to join in the mission to reshape the world through a paradigm shift in data management.
The project is specifically designed to address database management by integrating blockchain functionality and distributed database properties, enabling interoperability across different industries without compromising security, speed or performance. It is intended to
The Inery decentralized data system enables users to read, write, delete, and control their own data, ushering in a new decentralized and secure Internet era where data loss and misuse are no longer a problem. A proprietary blockchain running on MEM (memory) nodes allows Inery to ensure this while adding a level of encryption to ensure data privacy.
Inery is a project made to not only provide an upgrade to Web3, but also to make it greener and more cost-effective, and to serve healthcare, GameFi, finance, and more.
The $INR token is the network’s native token and will be used to protect and strengthen the Inery ecosystem.
The listing comes after Inery has conducted a successful investment round, in which we have seen some sort of VC. Global Emerging Markets (GEM) Invested $50 million. Other venture capital investors participating in Inery include: Metabest Nebulous Holdings AG, Zazen, Menas Global, Cap Lion Point, Truth Ventures.
To develop the use case, Inery worked with Sadiqa, Crescotec, nexblockand an award-winning global marketing company Luna PR.
In recognition of its achievements, Inery has already received prestigious awards in the blockchain space.was recently admired CEO Dr. Naveen Singh for ‘Best Emerging Blockchain Solution’ at Leaders in Fintech 2022 Awards received Received the “Blockchain Leader of the Year” award at the prestigious GB Tech Awards.
Inery is also one of the few projects to launch a testnet in August prior to going public. The successful release of a testnet containing over 160 nodes allowed developers to test various features of the blockchain. Based on the feedback we received, we plan to launch the mainnet in Q1 2023.
INR is currently registered on Huobi under the trading pair INR/USDT. The token has achieved a trading volume of $1.2 million INR. It launched at a price of $0.22 and is trading at $0.43. Withdrawals will start tomorrow, September 29th at 13:00 (UTC).
During the first month of trading $INR on Huobi, traders can contribute liquidity to the staking pool for staking rewards and transaction fees. Traders can also benefit from INR trading contests to win prizes in the prize pool during the same period. In addition to staking campaigns and trading contests, there will also be KOL contests. Follow Inery’s announcement twitter When discord Stay up to date.
Inery is led by CEO and Founder Dr. Naveen Singh. CTO and Founder Ivan Vujic and Orange Telecom Founder and CBE Chairman Simon Murray. Satjiv S. Chahil, former global vice president of marketing at Apple, recently joined the advisory board as a new principal his advisor to drive mainstream adoption ahead of the $INR listing.
Inery is a layer 1 blockchain solution that provides a decentralized, secure and transparent foundation for the decentralization of data and its management. Inery envisions a paradigm shift in data and database management by integrating the synergy of blockchain technology and distributed databases.
Tijana D Gertner, Marketing & PR Director, INERY PTE. [emailprotected]
