Press Release

IBW Title Sponsor Supra Delighted to Launch Mainnet, Marking New Era in Their History

IBW Title Sponsor Supra Delighted to Launch Mainnet, Marking New Era in Their History
IBW Title Sponsor Supra Delighted to Launch Mainnet, Marking New Era in Their History

Zug, Switzerland, November 28, 2024 // Supra, the fully vertically integrated Layer 1 blockchain, is thrilled to announce its official mainnet launch on the eve of India Blockchain Week (IBW) 2024. As the title sponsor of the event, Supra is celebrating this milestone alongside its vibrant community and ecosystem partners across the Indian Web3 landscape and beyond. This pivotal moment happened in parallel with Supra’s extraordinarily successful Token Generation Event (TGE), announced in collaboration with top-tier exchange partners ByBit, Bitget, KuCoin, Gate, and MEXC, garnering notable support from across the industry.

Redefining Layer 1 Performance and Possibilities

Supra is a MultiVM Layer 1, launching first with MoveVM. Clocking in 500,000 TPS throughput on 300 globally distributed nodes with sub-second consensus latency, Supra is building the world’s first vertically integrated, all-in-one blockchain.

With native oracle price feeds, onchain randomness, cross-chain communication, and automation, as well as EVM and SolanaVM support coming soon, Supra provides developers everything they need on a unified platform to build Super dApps.

Super dApp Showdown: The $100 Million Builder Competition

To further empower developers, Supra recently unveiled its Super dApp Showdown, a high-stakes competition inviting builders to showcase their skills with prizes that include:

  • Direct exposure to Supra’s 500k+ KYC’d users.
  • A slice of Supra’s $100M ecosystem fund.
  • Access to Supra’s extensive social media, email databases, and industry connections.
  • Chance to join the global stage of Killer Whales, the acclaimed Web3 TV series.

Pre-TGE “Spacefest” on X Draws Massive Global Audience

 Supra also hosted a “Spacefest”, a Twitter Spaces event that drew over 22,000 listeners from across the globe. The event featured insights from industry heavyweights like Sam Blackshear of Sui, and Justin Bons, founder of Cyber Capital, alongside other prominent Web3 leaders. This extraordinary turnout highlights Supra’s growing influence among Web3 enthusiasts and underscored its commitment to fostering meaningful dialogue within the wider community.

Testnet Triumphs and Ecosystem Expansion

Supra’s path to mainnet has been defined by rigorous testing with their community of 500k KYC’s players. At time of writing, its testnet has surpassed 8 million transactions from this limited verified community, driven in part by the runaway success of their two Starcade games “Dice Vision” and “Astro Predictions”.

Meanwhile, Supra’s ecosystem continues to grow, with 64 projects actively building on Supra in anticipation of mainnet deployment. Many of these projects are on track to go live by Q1 2025, ensuring a thriving dApp landscape on Supra’s high performance L1.

Driving the Future of Web3 as IBW 2024 Title Sponsor

As title sponsor of India Blockchain Week 2024, Supra is showcasing its commitment to advancing blockchain tech in India, which has proven to be one of the world’s fastest-growing Web3 markets. Supra’s stand will be situated near IBW’s main stage area, and will feature merchandise, memorable event experiences, live demos, and insights into its thriving ecosystem.

“India has always been a critical market for Web3, and being the title sponsor of IBW 2024 is a natural fit for Supra,” said Supra co-founder and CBO Jon Jones. “We’re here to connect with builders, partners, and enthusiasts who share our vision for a decentralized future.”

Looking Ahead

Supra remains focused on scaling its ecosystem, onboarding innovative projects, and pushing the boundaries of blockchain technology. With a vibrant community, a strong developer base, and industry-leading tools, Supra is poised to redefine what’s possible in Web3.

To learn more, visit Supra’s IBW stand or explore their offerings at supra.com

~ ENDS

For press inquiries, please contact:

James Preston

Marketing Manager

[email protected]

+27826793151

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