Wed, November 27

SUPRA Unveils Token Generation Event with Mainnet Launch and Strategic Exchange Partnerships

SUPRA Unveils Token Generation Event with Mainnet Launch and Strategic Exchange Partnerships Blockchain News

With its mainnet going live, Supra, a fully vertically integrated Layer-1 blockchain with native onchain randomness, in-protocol oracles, automation features, and support for MultiVM, is happy to announce its Token Generation Event (TGE). Supra’s mainnet $SUPRA token will now be available to users worldwide on ByBit, Kucoin, Gate, and MEXC via partnerships with a number of Tier 1 and Tier 2 exchanges; more exchanges are anticipated to be revealed shortly. For Supra, this is a significant turning point that ushers in a fascinating new era for its extensive Web3 ecosystem.

In order to fulfill the strictest security, performance, and compliance requirements and guarantee a safe and seamless launch, Supra has been collaborating closely with top exchanges over the last several months. Supra has positioned itself to become a pillar of the Web3 landscape by laying a strong foundation built for long-term sustainability and ecosystem stability.

Joshua Tobkin, CEO and Co-Founder of Supra said:

“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. 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.”

Additionally, Supra is happy to acknowledge the amazing support of its Blastoff community, which has been actively supporting the project since 2023. 512,000 verified users—possibly setting a global record for Web3 participation—completed a variety of missions via Supra’s Project Blastoff Campaign in order to qualify for $SUPRA tokens. With varied vesting options, these devoted supporters may now get their earned tokens. Long-term dedication is rewarded by both choices, enabling the Blastoff community to keep contributing significantly to Supra’s evolving ecosystem.

The early developer community has responded enthusiastically to Supra’s network as well, as seen by the success of its incentivized testnet, which was introduced on August 15, 2024. Developers may test the network in real-world scenarios thanks to Supra’s testnet, which has handled over 9 million transactions in its Starcade arena so far with verified users and no bots across interactive games like Dice Vision and Astro Predictions. Supra’s fast expanding ecosystem is shown by the fact that many developers are now getting ready to release dApps on the mainnet before the end of 2024.

Jon Jones, Chief Business Officer and Co-Founder of Supra, emphasized the company’s commitment to collaboration and strategic partnerships with exchanges.

Jon Jones stated:

“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.

The ecosystem of Supra provides a full range of services and tools designed to meet the demands of developers. Now that Mainnet is operational, Supra’s MultiVM Layer 1 voyage has begun. Supra has achieved sub-second consensus latency and 500,000 TPS throughput on 300 globally dispersed nodes. The Supra L1 is the first vertically integrated, all-in-one blockchain in history, which is what really makes it unique. With onchain randomness, automation, cross-chain connectivity, native oracle price feeds, and soon-to-be EVM and SolanaVM compatibility, Supra gives developers everything they need on one platform to create Super dApps. Additionally, they have created Supra Containers, which will let developers to establish bespoke ecosystems and economies without having to integrate costly and complicated external services or validators.

The Supra L1 MoveVM Mainnet has passed stringent security assessments, including penetration testing, smart contract reviews, and comprehensive code audits by impartial third-party companies, to guarantee user safety and confidence. Additionally, the platform has undergone stress testing to confirm network uptime, transaction finality, and stability under large transaction volumes, satisfying exchange criteria for dependability and efficiency. Furthermore, Supra has strengthened confidence and operational excellence by establishing strong incident response processes with exchange partners that allow for real-time monitoring and quick problem resolution.

In addition to marking a significant turning point in Supra’s incredible four-year journey, today’s TGE announcement also honors the hard work of Supra’s engineering, marketing, and business development teams. With a plan that includes continued interaction with the Web3 community to promote broad acceptance and knowledge of the $SUPRA token and the larger Supra environment, the Supra team is committed to fostering a thriving and safe ecosystem as the mainnet goes live. Supra is more motivated than ever to spearhead the next wave of blockchain innovation and thanks its community, supporters, and hardworking staff for their unwavering dedication to its objective.

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