Everscale, a 5th-generation blockchain that proposes a scalable decentralized world computer paired with a distributed OS, has won a token listing competition on Bybit exchange. The win came after 41,281,985 votes were cast in favour of the network’s native EVER token. The listing on Bybit, one of the top 10 crypto exchanges by volume, is a big statement of Everscale’s growth. Furthermore, the fact that this was a community-driven vote makes this an even bigger deal. Prior to this, it has already been added by KuCoin, Huobi, Gate.io, MEXC, INDODAX and more.
EVER token was the most appealing to voters on Bybit’s ByVotes platform in an exercise held in 24 hours on March 2. EVER beat competition from VRA and POOLZ and received 1,182,781 votes to set a commanding lead within the first 60 seconds, and never backed down from there.
Everscale and Bybit each held well-attended Ask Me Anything (AMA) sessions as a warm-up to the voting session. During Everscale’s session held on Twitter, participants were rewarded 5000 EVER tokens. On the other hand, Bybit had a $1,000 prize pool for its session held on Telegram. All participants received airdropped EVER tokens proportional to their contribution to Everscale’s final vote tally.
What does the Bybit listing tell us about Everscale
Everscale has been using EVER token listings to attract more users to its network and has been rewarding loyalty. For instance, there was a contest among the voters for a chance to get VIP access to the EVERPOINT 2023 conference to be held in the United Arab Emirates on May 7th. By getting EVER on Bybit, Everscale has climbed the ladder in terms of exposure to its ecosystem and this will likely see EVER price make significant gains in the coming days.
Importantly, the fact that Everscale is carrying its community along with it on this journey is a major win. Few networks use this approach, and the large number of votes in favour of EVER signals strong user support for the network. Also, its high transaction speed of 64,000 transactions per second as well as Turing-complete smart contracts, is a strong pull factor.