Bitget rolls out GAIA launchpool with 4.7 million tokens up for grabs

Crypto trade Bitget is including GAIA to its launchpool lineup, placing thousands and thousands of tokens on the desk in rewards.

In line with a July 29 press launch, spot buying and selling for GAIA (SN57)/USDT will kick off on July 30 at 09:00 UTC. The GAIA launchpool marketing campaign will let eligible customers lock BGB from July 30 to August 1 for a shot at incomes from a pool of three,858,300 GAIA. Lock limits vary from 5 to 50,000 BGB, with caps primarily based on VIP tier.

Alongside the itemizing, Bitget is operating a CandyBomb marketing campaign providing 633,000 GAIA in rewards. This contains 211,000 GAIA cut up throughout GAIA, BTC, and BGB buying and selling swimming pools for brand spanking new customers, and 422,000 GAIA reserved for GAIA trades by current customers.

Bitget can also be launching an official X giveaway. Between July 30 and August 1, as much as 750 certified customers can win a share of 125,000 GAIA by partaking in actions like following each Bitget and Gaia, quoting the giveaway publish with #GAIAxBitgetLaunchpool, tagging a pal, buying and selling GAIA, and finishing an hooked up kind.

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Different campaigns embody a group problem on Bitget Discord with one other 125,000 GAIA on the desk. This may require customers to commerce or deposit and full easy duties like signing up, tagging a pal, or becoming a member of Bitget’s official teams.

What’s GAIA?

GAIA is the native token of a decentralized AI community designed to let customers create, host, and monetize autonomous AI brokers. The token powers transactions throughout the platform, together with mannequin deployment, information entry, and AI service execution.

Constructed on blockchain know-how, the GAIA community allows customers to run superior fashions like Qwen2 0.5B Instruct and customise them utilizing private or enterprise information. By decentralizing compute and storage, GAIA goals to supply an alternative choice to centralized AI platforms, the place management, information possession, and monetization are sometimes restricted.

The protocol can also be constructing a decentralized climate forecasting system, aiming to ship high-resolution, 10-day world forecasts throughout key local weather variables. It runs on Bittensor’s Subnet 57 and makes use of superior AI fashions like Graphcast and Pangu.

GAIA performs a central function in sustaining the ecosystem’s financial incentives. Individuals can earn GAIA for operating nodes, sharing fashions, or providing AI companies, whereas customers spend GAIA to work together with deployed brokers.

Bitget stated the GAIA itemizing is a part of its push into decentralized AI, aiming to develop its ecosystem with initiatives centered on information possession and AI-powered Web3 instruments.

Regardless of the itemizing buzz, on-chain exercise round GAIA stays muted.

GAIA worth development

In line with crypto.information information, GAIA trades at $2.04 on the time of writing. Over the previous 24 hours, the token is down roughly 6.6%, extending its month-long droop to 16.4%. Buying and selling quantity previously 24 hours sits slightly below a modest $97,000.

GAIA worth chart | Supply: coingecko

GAIA was deployed earlier this yr and initially gained traction on decentralized exchanges like Uniswap. However after peaking round $4.12 in mid-June, the token has drifted decrease, seemingly weighed down by thinning quantity and profit-taking.

Past Bitget, different main exchanges like Binance, KuCoin, and Kraken are additionally gearing as much as listing GAIA, stirring hopes for contemporary momentum for the challenge.

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