[PRESS RELEASE – Kingstown, St. Vincent and the Grenadines, January 20th, 2025]
Headquartered Depin Chirp announces the launch of Token on leading exchanges
Sui-based decentralized physical infrastructure network (DEPIN) chirp It announced the debut of the $chirp token on three leading centralized cryptocurrency trading platforms after launching a dedicated infrastructure layer on the Sui blockchain.
Chirp is one of the fastest Depins Who Crypto with nearly 1 million users. The network connects shards of Internet of Things (IoT) devices through blockchain technology. Built on Sui, Chirp is a community-powered network and platform that offers a set of tools that other projects and real-world projects can use to go to market.
From today, Monday, January 20, $chirp is now available for trading on Kucoin, Gate.io and Mexc Exchange as a chirp/usdt trading pair. The news follows the successful Initial DEX Offering (IDO) for SUI DePin – the underlying layer that will support the creation and operation of decentralized physical infrastructure networks on the SUI blockchain.
“After more than two years of construction, I’m extremely proud to finally launch the dailies on the Sui Mainnet,” says Tim Kravchonovsky, CEO and founder of ChIRP. “We chose Sui as the home for our dailies even before it went live on the Testnet, and now this ecosystem has grown into one of the largest blockchains in the world. The most promising classes in the entire crypto space.
“Now, with the launch of Sui Depin’s infrastructure layer, there is no better blockchain for an IoT and decentralized communications project like ours. I am confident that with the $chirp token now live on many leading centralized exchanges, chirp will firmly cement itself as a project.” Depin is a leader at SUI where we solve major global connectivity problems with the IoT network that powers society and the ecosystem.”
The Chirp token plays an integral role in its ecosystem. It incentivizes sentinels—chirp’s “Blackbird” antenna operators—to maintain their devices and support the network. $chirp is also used as payment for network usage and serves as a governance token in the sophisticated three-tier voting system.
$chirp tokens are distributed as rewards in Kaj -The first DePin P2E game with real-world utility launched by ChIRP in November 2024. In this game, players must physically detect wireless networks such as WiFi, Bluetooth and Cellular Towers with their smartphones, and collect data to build the largest community-based geolocation database Global in the world.
Since its launch on November 25, Kage has attracted nearly 1 million players who have scanned more than 850 million wireless networks in 191 countries worldwide. The geolocation data they collect is in demand across a wide range of industries and will enable applications such as indoor navigation and low-power navigation in places where GPS does not work, such as tunnels or shopping centres.
About tweet
chirp It is an IoT ecosystem built on the Sui blockchain, and features two core components: a decentralized physical infrastructure network (DEPIN) and a robust IoT platform. Depin operates Chirp through community-owned miners that provide connectivity to IoT devices, rewarding participants with $chirp tokens. The IoT platform enhances this connectivity by offering a comprehensive set of tools to efficiently manage devices and connect their data with the blockchain. This dual approach fosters community engagement and creates a sustainable ecosystem where ChIRP provides cutting-edge IoT solutions to individuals, businesses and real-world assets (RWA) while empowering the community through decentralized infrastructure contributions.
To know more about chirp, users can visit https://chirptoken.io/
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