Singapore, Singapore, Sep 28, 2022, Chainwire

$INR is available on Huobi, after successful venture capital rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28, with the project seeing its token trend upward from $0.22 to $0.44 in the early hours. The listing is an important milestone for Inery on its journey to revolutionize the way data is handled on the decentralized web.

Inery, a decentralized data system conceived to enable a new paradigm for data management, has been listed on the Huobi exchange, one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and over 600 cryptocurrencies. . This will help bring Inery’s vision to market and engage more people in its mission to reshape the world through a paradigm shift in data management.

Inery decentralized data system

Specifically designed to address database management by integrating blockchain functionalities and distributed database properties, this project aims to enable interoperability across different industries without compromising security, speed, or performance.

Inery’s decentralized data system will allow users to read, write, delete and control their data, ushering in a new era of decentralized and secure internet, where data loss and misuse will no longer be an issue. With a proprietary blockchain running on MEM (memory) nodes, Inery is able to ensure this, while adding a level of encryption that ensures data privacy.

Designed not only to provide an upgrade to Web3, but also to be greener and more cost-effective, Inery is a project that brings real-world use cases to individuals, businesses, and governments in the space of healthcare, GameFi, finance, and more. .

The $INR token is the native token of the network, used to protect and empower the Inery ecosystem.

Successful round of VC, partnerships, recognition

The listing comes after Inery carried out successful investment rounds, where it saw VCs as Global Emerging Markets (GEM) invest $50 million. Other venture capital investors set to join Inery include Metavest which invested at a valuation of $128 million, Nebulous Holdings AG, Zazen, Menas Global, Cap Lion Point and truth companies.

To develop use cases, Inery also announced strategic alliances with Sadiqa, Crescotec, NexBlocand the award-winning global marketing firm: Moon PR.

In recognition of its achievements, Inery has already received prestigious awards in the blockchain space. was recently praised as the “Best Emerging Blockchain Solution” in the Leaders in Fintech 2022 awards and its CEO Dr. Naveen Singh He received the “Blockchain Leader of the Year” award at the prestigious GB Tech Awards.

Inery is also one of the few projects to have a public testnet launch in August prior to listing. Its successful testnet launch with more than 160 nodes allowed developers to test the different functions and features of its blockchain. With feedback received, it will go ahead with its mainnet expected to launch in Q1 2023.

INR is currently live on Huobi with the INR/USDT trading pair. The token has reached a trading volume of $INR 1.2 million. It launched at a price of $0.22 and is trading at $0.43. Withdrawals start tomorrow, September 29, at 13:00 (UTC).

During the first month of $INR trading on Huobi, traders can provide liquidity in the staking pools for staking rewards and transaction fees. Traders can also take advantage of INR trading competitions to win prizes in prize pools during the same period. In addition to betting campaigns and commercial competitions, they will hold KOL competitions. Follow Inery announcements on Twitter Y Discord to stay updated.

Inery is led by Dr. Naveen Singh, CEO and Founder; Ivan Vujic, CTO and Founder, and Simon Murray, Founder of Orange Telecom – CBE and President. Mr. Satjiv S. Chahil, Apple’s former VP of Global Marketing, recently joined the board of advisors as a new Senior Advisor ahead of the INR listing to help drive mainstream adoption.

About Inery

Inery is a layer 1 blockchain solution that provides a decentralized, secure, and transparent foundation for data decentralization and management. Inery envisions a paradigm shift in database and data management by integrating blockchain technology and distributed database synergies.

Contact

Director of Marketing and Public Relations

• Tijana D Gertner
• INERY PTE. LIMITED.
• tg@inery.io