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Home CRYPTO

ChainGPT Token ($CGPT) Set to Launch on Ethereum, Bridging Web3 AI

BlockNews Team by BlockNews Team
June 20, 2023
in CRYPTO, FINANCE, MEDIA, TECHNOLOGY
Reading Time: 3 mins read
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  • ChainGPT partnered with web3 companies to create a decentralized bridge between the Binance Smart Chain and Ethereum for the $CGPT token.
  • The bridge allows seamless transfer of $CGPT between the ETH and BNB/BSC networks, expanding the token’s on-chain presence and enabling integration with DEFI protocols.
  • $CGPT serves as a utility and governance token within the ChainGPT ecosystem, providing access to AI-powered Web3 tools and allowing community members to participate in platform development.

ChainGPT has begun its interchain movement by bridging the $CGPT token to the Ethereum Network, broadening its horizons, and looking to increase its on-chain footprint.

ChainGPT has created a decentralized bi-directional bridge between the Binance Smart Chain and Ethereum for the $CGPT token, thanks to collaborations with ChainPort, KuCoin, BitGet, and other top-tier Web3 partners. Users can seamlessly transfer $CGPT to and from the ETH and BNB/BSC networks.

With the bridge’s implementation, the $CGPT token’s on-chain presence grows, gaining access to the Ethereum network’s robust and vibrant ecology. Integrations into many of the world’s leading DEFI protocols, establishing token pools on DEXs, and providing additional trading pairs against a broader range of popular tokens are all now possible.

What Exactly Is $CGPT?

$CGPT, at its core, enables a decentralized economy for AI services. $CGPT, the native token of the ChainGPT ecosystem, serves as both a utility and a governance tool. Its utility purpose is to provide access to a comprehensive set of AI-powered Web3 tooling, ranging from NFT minting and community management to smart contract auditing and creation to launchpad tiering and beyond. 

Its governance function is related to $CGPT’s role in distributing ownership rights over the platform to its community members and allowing them to help steer the project’s development. Check out the ChainGPT DAO here.

Where Will The $CGPT ERC-20 Version Be Supported?

ChainGPT has been in contact with several exchanges that could assist immediately after instantiation. Currently, Kucoin, BitGet, and ByBit have confirmed support, with a few other major exchanges expressing interest.

On the front lines of decentralized support, UniSwap, the world’s most popular DEX, will open a $CGPT token pool to provide instant listing and liquidity on Ethereum.

$CGPT’s presence on major crypto directories and analytics portals such as CoinGecko and Etherscan has been accelerated thanks to ChainPort.

Bridge Specifications

📆 Launch Date: June 19th, 2023

🕛 Launch time: 10 AM EST / 2 PM UTC

Bridge Partner: ChainPort (app.chainport.io)

Exchanges: Uniswap, KuCoin, BitGet, Gateio

Market Makers: KaironLabs & CLS

$CGPT Contract Address on Ethereum: 0x25931894a86d47441213199621f1f2994e1c39aa

$CGPT Contract Address on Binance Smart Chain: 0x9840652DC04fb9db2C43853633f0F62BE6f00f98

CoinMarketCap: https://coinmarketcap.com/currencies/chaingpt/

DexCheck: https://dexcheck.io/app/bsc/chart/0xcfe847aae922cbe3dcbba61dbb1ed97d2124d322 

About ChainGPT

ChainGPT is the market leader in AI-powered infrastructure for the cryptocurrency, blockchain, and Web3 industries. 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 most sophisticated, end-to-end AI solution on the market.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: ChainGPTcryptoethereum
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