Friday, November 22

Bitget cryptocurrency exchange platform has announced the inclusion of AI Project IQ in its Innovation and Web3 Zone. The strategic listing underscores Bitget’s ongoing commitment to supporting forward-thinking projects that leverage the fusion of artificial intelligence (AI) and blockchain technology to propel the evolution of a more intelligent and interconnected world.

At the heart of this development lies the IQ token, positioned at the forefront of merging AI capabilities with blockchain infrastructure to construct a robust knowledge ecosystem. Central to this ecosystem is IQ.wiki, acclaimed as the world’s most extensive repository of cryptocurrency and blockchain-related knowledge. Notably, IQ.wiki distinguishes itself by integrating AI functionalities to execute pivotal tasks such as content summarization, thereby augmenting user accessibility and enriching the overall informational experience.

Moreover, the IQ token operates as a versatile utility token within its ecosystem, serving dual roles as a decentralized finance (DeFi) instrument and a governance token. Through HiIQ, it facilitates native staking, while BrainDAO empowers token holders with governance privileges, enabling them to influence the project’s trajectory. Notably, BrainDAO bolsters the ecosystem by managing a treasury of digital assets, ensuring the financial sustainability and continued expansion of the IQ initiative.

Gracy Chen, Managing Director of Bitget, emphasized the platform’s enduring quest to champion diverse blockchain ecosystems. She remarked, “Bitget is continuously seeking innovative avenues to bolster the growth of diverse blockchain landscapes. This latest listing not only enriches Bitget’s array of digital assets but also offers users an opportunity to engage with a project poised to drive substantial advancements in the knowledge economy and the broader cryptocurrency ecosystem.”

Chen further extended an invitation to the global community, urging exploration of the transformative potential encapsulated within the IQ token and encouraging participation in the collective journey toward a more intelligent and interconnected future.

Bitget’s strategic expansion efforts align with its sustained growth trajectory in both spot and derivatives trading segments across centralized exchanges. Noteworthy is the platform’s robust performance in the spot market, characterized by a steady influx of new listings. In 2023 alone, Bitget introduced over 350 new assets, significantly diversifying investment avenues for users.

Furthermore, Bitget Wallet stands as a testament to the platform’s commitment to comprehensive token support, boasting compatibility with over 100 mainnets and more than 250,000 tokens. The integration of Bitget Swap facilitates seamless cross-chain trading across nearly 30 mainnets, underscoring Bitget’s unwavering commitment to user-centric innovation and accessibility.

Read Also: Why Cryptocurrency Struggles to Gain Traction in Online Shopping and Financial Compliance?

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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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