Expanding its horizons and seeking to increase its on-chain footprint, ChainGPT began its cross-chain movement by linking the $CGPT token to the Ethereum network.
Through a partnership with ChainPort, KuCoin, BitGet and other leading Web3 partners, ChainGPT has developed a decentralized two-way bridge between the Binance Smart Chain and Ethereum for the $CGPT token. Now users will be able to transfer their $CGPT to and from the ETH and BNB/BSC networks seamlessly.
With the implementation of the bridge, the on-chain presence of the $CGPT token expands, accessing the robust and dynamic ecology of the Ethereum network. Integrations into many of the world’s largest DEFI protocols, opening token pools on DEXs, and providing additional trading pairs against a wider segment of popular tokens become possible.
What is $CGPT?
At its core, $CGPT enables a decentralized economy for AI services. As a native token of the ChainGPT ecosystem, $CGPT fulfills the dual function of utility and governance tool. Its utilitarian goal is to provide access to a full suite of AI-powered Web3 tools, from NFT typing and community management to auditing and smart contract creation to prioritization of the dashboard and beyond.
Its governance function relates to $CGPT’s role in distributing ownership rights over the platform to members of its community and giving them the opportunity to help guide the development of the project. See the ChainGPT DAO here.
Where will the ERC-20 version of $CGPT be supported?
ChainGPT has been in communication with a host of exchanges that would be able to provide support immediately after instantiation. Currently, Kucoin, BitGet, and ByBit have confirmed their support with a few other select major exchanges signaling their willingness.
On the front end of supporting decentralized sites, the world’s most popular DEX, UniSwap, will have an open $CGPT token pool to provide instant Ethereum listing and liquidity.
With the help of ChainPort, $CGPT’s presence on major crypto repositories and analytics portals, including CoinGecko and Etherscan, has been accelerated.
Release date: June 19, 2023
Launch time: 10:00 a.m. EST / 2:00 p.m. UTC
Bridge partner: ChainPort(app.chainport.io)
Exchanges: Uniswap, KuCoin, BitGet, Gateio
Market makers: Kairon Labs & CLS
$CGPT contract address on Ethereum:
$CGPT contract address on Binance Smart Chain:
See the DAO proposal for more information on bridging, here.
ChainGPT is the leading provider of AI-powered frameworks for the crypto, blockchain and Web3 industry. From automated smart contract generation and auditing to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation and NFT generation, ChainGPT is the solution for Most sophisticated end-to-end AI on the market.
Contact people): Jake Wallace / Cameron French / Ilan Rakhmanov
Contact email(s): firstname.lastname@example.org / email@example.com / firstname.lastname@example.org
To learn more about ChainGPT, visit the official website ChainGPT.org website
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Disclaimer: This is a paid publication and should not be considered news or advice.