SINGAPORE, SINGAPORE, 28 SEPTEMBER 2022, Chainwire
$INR on successful VC rounds and strategy rounds After the investment, the partnership announcement will be made on Huobi. Trading officially started today, September 28 at 13:00 UTC, with the project’s token rising from $0.22 to $0.44 in the first few hours. This listing is an important milestone in Inery’s revolution in revolutionizing the way data is handled on the decentralized web.
Inery is a decentralized data system designed to enable a new paradigm in data management, with a listing on Huobi, one of the world’s leading cryptocurrency exchanges, supporting more than 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 solve database management problems by integrating blockchain capabilities and distributed database properties, this project aims to enable interoperability between different industries without compromising security, speed or performance sex.
Inery Decentralized Data System will enable users to read, write, delete and control their data, ushering in a new decentralized and secure Internet era with data loss and abuse will no longer be a problem. With a proprietary blockchain running on MEM (memory) nodes, Inery is able to ensure this, while adding a level of encryption to guarantee data privacy.
Not only providing an upgrade to Web3, but also more environmentally friendly and cost-effective, Inery is a project that provides real-world use cases for individuals, businesses and governments in healthcare, GameFi, finance, and more .
The $INR token is the native token of the network, used to protect and empower the Inery ecosystem.
Successful VC round, partner, endorsement
Inery went public after several successful investment rounds that saw VCs like
Global Emerging Markets (GEM) to invest $50 million. Other venture capital investors joining Inery include Metavest , Nebulous Holdings AG, Zazen at a valuation of $128 million , Menas Global, Cap Lion Point and Truth Ventures.
Development use cases, Inery also announced a partnership with Sadiqa, Crescotec, NexBloc and the award-winning global marketing firm – Luna PR.
Inery is already in the blockchain space. It was recently named “Best Emerging Region” in the 2022 FinTech Leadership Awards and its CEO Dr. Naveen Blockchain Solutions” Singh won “Blockchain Leader of the Year” at the prestigious GB Tech Awards.
Inery is also one of the few projects to launch a public testnet in August before going public. Its successful testnet version with over 160 nodes allows developers to test different functions and features of their blockchain. After receiving feedback, it will move forward with its mainnet launch expected in the first quarter of 2023.
INR currently uses the trading pair INR/USDT on Huobi. The token’s trading volume has reached $1.2 million in Indian rupees. It was launched at $0.22 and traded at $0.43. Withdrawals will begin tomorrow, September 29th at 13:00 (UTC).
For the first month of trading INR on Huobi, traders can provide liquidity in the staking pool for staking rewards and transaction fees. Traders can also benefit from INR trading competitions, winning prizes in the prize pool during the same period. In addition to staking events and trading competitions, they will also host KOL competitions. Follow Inery on Twitter and Discord
Announcements on are kept up to date.
Inery is led by Chief Executive Officer and Founder Dr Naveen Singh; CTO and Founder Ivan Vujic and Orange Telecom Founder Simon Murray – CBE and Chairman. Mr. Satjiv S. Chahil, former Apple Vice President of Worldwide Marketing, recently joined the Advisory Board as the new Principal Advisor prior to INR’s listing to help drive mainstream adoption.
Inery is a layer-1 blockchain solution that provides the basis for decentralized, secure and transparent data decentralization and its management. Inery envisions a paradigm shift in data and database management by integrating blockchain technology and distributed database synergy.
Tijana D Gertner, Director of Marketing & PR, INERY PTE. Ltd., [email protected]