Bitcoin News · August 10, 2021 0

Decentralized Cloud Network Service Sukhavati Network Announces SKT Listing on Gate.io and MEXC

Sukhavati Network is to host its startup sale on Gate.io’s platform as part of the “Startup Project Free Airdrop Program”. The “Startup Project Free Airdrop Programme” was launched by Gate.io to provide users with early access to innovative and advanced projects, where VIP and GT users are entitled to a variety of token airdrop benefits. Additionally, Sukhavati Network will be listed on MEXC’s platform, see below for more regarding both events.

Built on a hardware-based Trusted Execution Environment (TEE) and the Substrate framework, Sukhavati Network is a decentralized cloud network service that focuses on storage. With its low-consumption storage verification mechanism EPoSt (Efficient Proof of Spacetime), Sukhavati provides unified data storage, retro and management services for Web 3.0 applications.

Gate Startup Sale Details

The startup sale will commence on August 10th at 03:00 am (UTC), and last for 24 hours until August 11th at 03:00 am (UTC). To participate in the event, users will need to hold a VIP1 account level or higher on Gate.io, and would need to clear the KYC procedures to purchase the tokens.

The price will start at 0 USDT with a startup supply of 125,000 SKT. Gate.io will collect qualified orders and tokens will then be distributed depending on the ratio of individual purchase orders to purchase orders in total. Qualified orders will receive the tokens on August 11th at 06:00 (UTC).

Note that users from the following countries will not be supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe

Launching on Gate.io

Gate.io is a cryptocurrency trading platform that holds integrity, transparency, and fairness to a high standard. The exchange acts as a one-stop-shop trading service, providing efficient trading and instant deposit/withdrawal for users. Gate.io is ranked 16th by coinranking.com with a daily trading volume of 629 million USD and 4 million active users.

As one of the largest exchanges for cryptocurrencies alike, Sukhavati Network recognises the potential this startup sale can achieve with support from a wider community. The launch will enable the growth of Sukhavati’s community, as well as build its support system and establish future partnerships.

Click here to visit Gate.io’s website for more information regarding the startup sale and details to participate.

Listing on MEXC and Details About “MX DeFi”

Sukhavati will also be listed in the Innovation Zone of MEXC’s platform for open trading with the SKT/USDT pair on the 12th of August at 11:00 UTC. Withdrawal will be available 30 minutes after listing.

Alongside that, MEXC will launch the 75th “MX DeFi” session to enable MX and SKT staking to earn liquidity yield, the staking period will last from August 12 to August 16. The total yield pool will contain 62,500 SKT, MX covers 60% of the yield pool (at 37,500 SKT liquidity yield), while USDT covers 40% of the yield pool (with 25,000 SKT liquidity yield). Participants can join through MEXC.com (select “Finance” > “MX DeFi” > find “Stake to mine SKT”) or the MEXC app (find “MX DeFi” > find “Stake to mine SKT”).

MEXC Global is a centralized exchange that promotes a safe and stable ecosystem by the use of their multi-tier, multi-cluster system architecture. MEXC has a high-performance matching engine technology, which can handle up to 1.4 million units per second. It has around 5 million users in more than 70 countries around the world.

Interested parties may visit Sukhavati’s social media networks below to keep up to date with any future updates or developments.

About Sukhavati Network

Sukhavati Network is a decentralized cloud network service that is focused on storage. The network is built on hardware-based Trusted Execution Environment (TEE) and the Substrate framework to inspire and incentivize improvements on distributed storage ecosystems.

Sukhavati creates a decentralized gateway that covers both Web 3.0 and Web 2.0 storage services. It allows unified data storage, retrieval, and management on Web 3.0 applications.

Website: https://sukhavati.io/

Twitter: https://twitter.com/Sukhavati_N

Telegram Channel: https://t.me/SukhavatiNetwork

Telegram Announcement Channel: https://t.me/SukhavatiN

Medium: https://medium.com/@Sukhavati

Reddit: https://www.reddit.com/r/SukhavatiNetwork/


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