Everscale garners 41M votes to win listing competition on BybitSponsored - Press Release
By: Chainwire •External PR
Seoul, Korea, 7th March, 2023, Chainwire
Everscale is continuing the growth that has seen it rise to one of the most eminent blockchains in the industry. The network has already been added to some of the largest crypto exchanges including KuCoin, Huobi, Gate.io, MEXC, INDODAX and more. Now another exchange has been added to the list, after Everscale won a community-driven vote to determine which asset would be listed next on Bybit, one of the top 10 cryptocurrency exchanges in the world.
According to Bybit rules, only its users can choose the assets that get listed on the exchange through a voting process held on the ByVotes platform. The latest asset vote took place on March 2 and lasted for 24 hours. The community was asked to choose between three tokens — EVER, VRA and POOLZ. In the first 60 seconds, EVER received 1,182,781 votes and took a substantial lead over the other assets, which it retained until the conclusion of the voting period. By the time voting had concluded, it became clear that Everscale set a new record for the number of votes cast for a project on the ByVotes platform with 41,281,985.
Before voting started, both Everscale and Bybit held AMA sessions for their users. Bybit held their AMA on Telegram with an $1,000 prize pool and Everscale held theirs on Twitter with a 5000 EVER prize pool. Both sessions were well attended and served as comprehensive introductions for the newest addition to Bybit’s stable of digital assets.
The prize pool established for the scenario of Everscale winning on ByVotes was 1,200,000 EVER, and an airdrop took place immediately after the vote concluded, with all participants who voted for Everscale receiving a share of the pool proportional to their contribution to the vote tally.
Everscale also held a contest among its voters, which was the first step toward gaining VIP access to EVERPOINT 2023, a conference and party in honor of the network’s third anniversary which will be held in the UAE on May 7.
The listing is the latest demonstration of the budding strength of the Everscale community and its high level of loyalty and involvement in the life of the project. The listing on a new exchange of this calibre also constitutes a milestone for the network as it will open up an entirely new level of accessibility and exposure to Everscale.
Everscale Foundation Board Member Moon Young Lee said: “This listing on Bybit is a massive achievement, especially considering the way it came about. Getting listed on one of the world’s top ten exchanges is going to allow Everscale to expand much further and introduce many new people to the network. In addition to all that, we could not be more pleased with how strongly the Everscale community showed its support during the voting process.”
Everscale is a uniquely designed blockchain of the 5th generation that proposes a scalable decentralized world computer paired with a distributed operating system. Everscale is based on a platform called Ever OS, capable of processing 64,000 TPS, with Turing-complete smart contracts and decentralized user interfaces.
Everscale has a number of unique features like dynamic multithreading, soft majority consensus and distributed programming, which enable it to be scalable, fast and secure at the same time. It is governed by a decentralized community founded upon meritocratic principles via the Soft Majority Voting protocol.
Everscale has powerful developer tools, such as compilers for Solidity and C++, SDK and API, client libraries ported to more than 20 languages and platforms, a range of decentralized browsers and wallets empowering many applications in DeFi, NFT, tokenization and governance domains.