2024 – Page 18 of 176 – InvestingCube

Supra, the fully vertically integrated Layer-1 blockchain built with MultiVM support, in-protocol oracles, native onchain randomness, cross-chain communication, and automation capabilities, is pleased to announce its Token Generation Event (TGE) as its mainnet goes live. In partnership with a series of Tier 1 and Tier 2 exchanges, Supra’s mainnet $SUPRA token will now be accessible to global users on ByBit, Kucoin, Gate, and MEXC, with additional exchanges expected to be announced soon. This is a monumental milestone for Supra, and marks the beginning of an exciting new era for its vast Web3 ecosystem. For the past few months, Supra has worked closely with leading exchanges to meet the highest security, performance, and compliance standards, ensuring a smooth and secure launch. Supra has established a solid foundation designed for long-term sustainability and ecosystem stability, positioning itself to become a cornerstone of the Web3 landscape. “Supra’s mainnet launch and TGE is more than just a technical feat, it’s the culmination of years of dedicated work from our engineers, developers, researchers, and business teams, who all share a commitment to building next-generation blockchain infrastructure,” said Joshua Tobkin, CEO and Co-Founder of Supra. “With our high-performance network delivering 500k TPS and our MultiVM support, native oracle, VRF, and automation services, Supra is creating an all-encompassing environment for Super dApps. We’re thrilled to take this significant step forward, providing builders with the performance and flexibility they need to launch disruptive and innovative decentralized applications.” Supra is also pleased to recognize the incredible support of its Blastoff community, which has championed the project since 2023. Through Supra’s Project Blastoff Campaign, 512,000 verified users, potentially a world record in Web3 participation, engaged in numerous quests to become eligible for $SUPRA tokens. These dedicated supporters will now be able to claim their rewarded tokens with flexible vesting options. Both options reward long-term commitment, empowering the Blastoff community to continue playing a crucial role in Supra’s evolving ecosystem. Supra’s network has similarly been met with enthusiasm from its early developer community, as demonstrated by the success of its incentivized testnet, launched on August 15, 2024. Through its Starcade arena, Supra’s testnet has, to date, processed over 9 million transactions with verified users and no bots across interactive games like Dice Vision and Astro Predictions, allowing developers to test the network under real-world conditions. Many developers are now preparing to launch dApps on the mainnet by as soon as 2024’s conclusion, underscoring Supra’s rapidly growing ecosystem. Jon Jones, Chief Business Officer and Co-Founder of Supra, emphasized the company’s commitment to collaboration and strategic partnerships with exchanges. “The launch of $SUPRA on leading exchanges is a testament to our shared vision of creating a resilient, scalable blockchain ecosystem for the Web3 future. We’ve been actively working with partners to establish strong liquidity, seamless integration, and a robust foundation for our community. Our efforts don’t stop here; we’re excited to continue collaborating with our exchange partners in ongoing marketing initiatives that bring Supra’s mission to a wider Web3 audience.” This audience was further introduced to Supra with Supra’s “Spacefest” held on 7 November in preparation for the TGE announcement. The X Space was a deep dive into the Supra ecosystem and related network of industry partners, and included guests such as Sam Blackshear of SUI, Vineeth Kashyap of Aptos Labs, and Justin Bons of Cyber Capital among others. Supra’s Spacefest garnered 23,100 listeners from across the Web3 industry. Supra’s ecosystem offers a comprehensive suite of tools and services tailored to developers’ needs. With Mainnet now live, this is the beginning of Supra's MultiVM Layer 1 journey. Supra has clocked in at 500,000 TPS throughput on 300 globally distributed nodes with sub-second consensus latency. What truly sets the Supra L1 apart is that it's the world's first vertically integrated, all-in-one blockchain. With native oracle price feeds, onchain randomness, cross-chain communication, and automation, as well as EVM and SolanaVM support coming soon, Supra provides developers everything they need on a unified platform to build Super dApps. They’ve also introduced Supra Containers, which will give developers dedicated execution space to create custom ecosystems and economies, without the need to onboard external services or validators which can be expensive and complex. To ensure user safety and trust, the Supra L1 MoveVM Mainnet has undergone rigorous security audits, including smart contract reviews, penetration testing, and extensive code audits from independent third-party firms. The platform has also been stress-tested to validate stability, transaction finality, and network uptime under high transaction volumes, meeting exchange standards for efficiency and reliability. Additionally, Supra has established robust incident response protocols with exchange partners to enable real-time monitoring and rapid issue resolution, bolstering trust and operational excellence. Today’s TGE announcement not only represents a key milestone in Supra’s remarkable four year journey, but also reflects the dedicated efforts of Supra’s team across engineering, marketing, and business development. As the mainnet goes live, the Supra team is focused on supporting a vibrant and secure ecosystem, with a roadmap that includes ongoing engagement with the Web3 community to drive widespread adoption and awareness of the $SUPRA token and the broader Supra environment. Supra extends its gratitude to its supporters, community, and dedicated team for their steadfast commitment to its mission and remains more driven than ever to lead the next era of blockchain innovation. About Supra Supra is an all-new blockchain that vertically integrates oracles, bridges, automation and randomness into a powerful Layer-1 with MultiVM compatibility. It's designed to give developers all the tools they need to build on one chain, enabling a new breed of Super dApps. Supra is also a leading provider of oracle price feeds and verifiable randomness across 80+ blockchains with Layer-1 security guarantees. They focus on solving real problems for dApp developers and scaling Web3, supported by a developer toolkit with extensive guides and technical whitepapers.