Rigorous vetting process to assist users in discovering valuable tokens and sifting out low-quality projects.
Victoria, Seychelles, 2023 — Bitget, the leading global crypto derivatives exchange, announces it will add artificial intelligence (AI), Arbitrum and nonfungible token (NFT) zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens in an early stage. The newly listed tokens will need to be regularly reviewed to ensure that the token adheres to Bitget’s platform standards, including trading volume, liquidity, the team, project development and other criteria to keep the listing status active. The expanded Innovation Zone listings aim to assist users in discovering quality digital assets and sift out disqualified tokens simultaneously.
All digital assets listed in the Innovation Zone are under regular review to ensure the tokens are progressing upward in the long run. Based on requirements in trading volume and liquidity, network or smart contract stability, team involvement, activeness of the community, any misconduct or negligence record etc., the token will be assessed on a rolling 60-day valuation period, with those failing to meet the criteria delisted.
This week, 21 tokens had already been listed in the Innovation Zone, including seven AI-related and six Arbitrum-related tokens. Most of these newly listed tokens witnessed overwhelming enthusiasm from investors, with the biggest gain of 1,263% for Future AI (Future-AI), followed by Botto (BOTTO) with 646% and ArbInu (ARBINU) with 450%, according to the data over the past week. Various trending artificial intelligence startup projects, such as SingularityNET (AGIX), Image Generation AI (IMGNAI), Artificial Liquid Intelligence (ALI), Oraichain (ORAI) and Future-AI, are also trading on Bitget’s platform. Blur (BLUR), the native token of the NFT marketplace and aggregator for pro traders, will have its initial global listing on Feb. 14 in the NFT zone, another important category of Bitget’s Innovation Zone.
Gracy Chen, managing director of Bitget, comments:
“At Bitget, we are always trying our best to support quality projects with potential and facilitate the development of the industry as a whole in the long run. By implementing a rigorous vetting process, the Innovation Zone was designed to help users in their research process to uncover hidden gems within the vast number of tokens launching every day, and users can then decide which token suits their own portfolio the most.”
Meanwhile, Bitget’s data has been included in the Coin360 verified exchange data dashboard and has connected its deposit and withdrawal data to the blockchain analytics platform, Nansen, allowing users to more easily verify the platform data, ensuring transparency and protection of the interests of both retail and institutional users.
Bitget, established in 2018, is the world’s leading cryptocurrency exchange with innovative products and social trading services as its key features, currently serving over 8 million users in more than 100 countries worldwide. The exchange is committed to providing a secure, one-stop trading solution to users and aims to increase crypto adoption through collaborations with credible partners, including legendary Argentine footballer Lionel Messi, the leading Italian football team Juventus and official esports events organizer PGL.