9 months ago
Date: 28 Sep 2022 - 18:03
Singapore Singapore 28th September 2022 ChainwireINR is live on Huobi after successful VC rounds and several strategic partnership announcements. Trading officially opened at 1300 UTC today September 28th and the project saw its token trending up from 0.22 to 0.44 within the first few hours. The listing is an important milestone for Inery on its journey to revolutionize how data is handled on the decentralized web.Inery a decentralized data system envisioned to enable a new paradigm for data management has been listed on Huobi exchange one of the worldrsquos leading crypto exchanges supporting over 1000 trading pairs and more than 600 cryptocurrencies. This will help bring Ineryrsquos vision to the markets and onboard more people in its mission to reshape the world through the paradigm shift in data management.Inery Decentralized Data SystemSpecifically designed to address database management by integrating blockchain functionalities and distributed database properties this project aims to enable interoperability between different industries without compromising security speed or performance.Inery Decentralized Data System will enable users to read write delete and control their data ushering in a new decentralized and secured internet era where data loss and misuse will no longer be an issue. With a proprietary blockchain running on MEM memory nodes Inery is able to ensure this while adding a level of encryption guaranteeing data privacy.Made to not only provide an upgrade to Web3 but also be more ecofriendly and costefficient Inery is a project offering realworld use cases to individuals enterprises and governments in the space of healthcare GameFi finance and more.The INR token is the networkrsquos native token used to secure and empower the Inery ecosystem.Successful VC round partnerships recognitionThe listing comes after Inery carried out successful investment rounds where it saw VCs like Global Emerging Markets GEM invest 50 million. Other venture capital investors to join Inery include Metavest who invested at a valuation of 128 million Nebulous Holdings AG Zazen Menas Global Cap Lion Point and Truth Ventures.To develop use cases Inery also announced strategic partnerships with Sadiqa Crescotec NexBloc and the awardwinning global marketing firm ndash Luna PR.In recognition of its achievements Inery has already received prestigious awards in the blockchain space. It was recently accoladed as the ldquoBest Emerging Blockchain Solutionrdquo at the Leaders in Fintech 2022 Awards and its CEO Dr. Naveen Singh received the ldquoBlockchain Leader of the Yearrdquo award at the prestigious GB Tech Awards.Inery is also one of the few projects to have a public testnet launch in August ahead of its listing. Its successful testnet release with over 160 nodes allowed developers to test the different functions and features of its blockchain. With the feedback received it will move ahead with its mainnet expected to launch in Q1 2023.INR is currently live on Huobi with the trading pair INRUSDT. 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 begin tomorrow September 29 at 1300 UTC.During the first month of trading INR on Huobi traders can provide liquidity in the staking pools for staking rewards and transaction fees. Traders can also benefit from INR trading competitions to win awards in prize pools during the same period. Besides staking campaigns and trading competitions they will run KOL competitions. Follow Ineryrsquos announcements on Twitter and Discord to stay updated.Inery is led by Dr. Naveen Singh CEO and Founder Ivan Vujic CTO and Founder and Simon Murray founder of Orange Telecom ndash CBE and Chairman. Mr. Satjiv S. Chahil former Vice President of Global Marketing at Apple recently joined the Advisor board as the new Principal Advisor prior to the INR listing to help drive mainstream adoption.About IneryInery is a layer1 blockchain solution that provides a decentralized secure and transparent foundation for decentralization of data and its management. Inery envisions a paradigm shift in data and database management by integrating blockchain technology and distributed database synergies.ContactTijana D Gertner Director of Marketing amp PR INERY PTE. LTD. tginery.ioThe post Inery Token INR goes Live On Huobi Following Successful VC raise appeared first on CoinJournal.
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