$CHIRP token goes live on Kucoin, gate.io and MEXC

$CHIRP token goes live on Kucoin, gate.io and MEXC

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Kingstown, Saint Vincent and the Grenadines, January 20, 2025, Chainwire

Sui-based DePIN Chirp announces the launch of its token on leading exchanges

Sui-based decentralized physical infrastructure network (DePIN) chirp announced the debut of its CHIRP token on three leading centralized cryptocurrency exchanges following the launch of its dedicated DePIN infrastructure layer on the Sui blockchain.

Chirp is one of the fastest growing DePINs in the cryptocurrency space with nearly 1 million users. The network connects the fragmented world of Internet of Things (IoT) devices through blockchain technology. Chirp is built on Sui, a community-supported network and platform that provides a set of tools that other DePINs and real-world projects can use to go to market.

As of today, Monday, January 20, $CHIRP is now available for trading on KuCoin, Gate.io, and MEXC Exchange as the CHIRP/USDT trading pair. This news comes on the heels of the success of the 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 build, I’m incredibly proud to finally launch Chirp on the Sui mainnet,” says Tim Kravchonovsky, CEO and founder of Chirp. “We chose Sui to be the home for our DePIN even before it was deployed on the testnet, and now it has grown.” ecosystem to become one of the most promising first-tier blockchains in the entire cryptocurrency space.

“Now, with the launch of the Sui DePIN infrastructure layer, there is no better blockchain for a decentralized IoT and communications project like ours. I am confident that with our CHIRP token now on many leading centralized exchanges, Chirp will firmly establish itself as the leading DePIN project.” For Sui as we solve major global connectivity problems through the IoT network and community-supported ecosystem.”

The Chirp token plays an integral role in its ecosystem. It incentivizes Keepers – operators of Chirp’s “Blackbird” antennas – to maintain their equipment and support the network. $CHIRP is also used as a means of payment for network usage and serves as a governance token within Chirp’s sophisticated three-tier voting system.

$CHIRP tokens are also distributed as rewards Kaji – The first ever DePIN P2E game with a real-world utility launched by Chirp in November 2024. In this game, players must physically detect wireless networks such as WiFi, Bluetooth and cell towers using their smartphones, and collect data to build the largest community-based geolocation database Global energy 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 around the world. 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 geolocation 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, comprising two core components: a decentralized physical infrastructure network (DePIN) and a robust IoT platform. Chirp’s DePIN works through community-owned miners providing 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 to the blockchain. This dual approach fosters community engagement and creates a sustainable ecosystem where Chirp delivers advanced IoT solutions to individuals, businesses, and real asset (RWA) projects while empowering the community through decentralized infrastructure contributions.

To learn more about Chirp, users can visit https://chirptoken.io/

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