SupraOracles Prepares for Upcoming TGE and Token Distribution

SupraOracles Prepares for Upcoming TGE and Token Distribution

By Jakub Lazurek

26 Nov 2024 (6 hours ago)

2 min read

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SupraOracles is gearing up for its Token Generation Event (TGE) and distribution, with incentivized activities offering users the chance to earn SUPRA tokens.

SupraOracles, a blockchain-based platform designed to improve the functionality of decentralized applications (dApps) and oracles, is gearing up for its upcoming Token Generation Event (TGE) and distribution. The platform aims to address the growing need for fast, secure, and reliable off-chain data, which is crucial for the adoption of decentralized finance (DeFi), the metaverse, and other blockchain-driven projects. SupraOracles has built a solution that supports cross-chain interoperability, ensuring that different blockchain networks can communicate effectively.

The TGE, an essential milestone for any blockchain project, will mark the official release of SupraOracles' native token, SUPRA. While the exact date for the TGE is yet to be confirmed, the event is expected to attract significant attention from both investors and users within the blockchain ecosystem. Prior to the TGE, SupraOracles has already initiated several rounds of fundraising, with the most recent private round in Q3 2023 raising $4,000,000. This funding will help support the platform’s ongoing development and expansion.

Following the TGE, SupraOracles plans to distribute its tokens to early supporters, investors, and users who have participated in its incentivized activities. These activities, which are scheduled to run from November 26, 2024, to December 10, 2024, will involve a prize pool of 30,000,000 SUPRA tokens. Users who participate in these activities will have the opportunity to trade and earn rewards, further expanding the platform’s user base and ecosystem.

The incentivized activities are designed to engage the community and provide them with opportunities to earn SUPRA tokens by completing specific tasks and contributing to the platform's growth. This approach is in line with SupraOracles' goal of fostering an active and engaged user base, ensuring that the platform gains traction as it moves toward its public launch.

Overall, the upcoming TGE and distribution event represents a significant step forward for SupraOracles as it continues to build its ecosystem. By providing cross-chain solutions and focusing on the integration of oracles with blockchain-based applications, SupraOracles aims to be at the forefront of blockchain innovation. Investors and users interested in the platform’s future developments should stay informed about the TGE and take advantage of the upcoming incentivized activities to earn SUPRA tokens.

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