The Good Tech Companies - ZKsync-Powered GRVT’s Highly Anticipated Open Beta Goes Live Today

Episode Date: August 5, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/zksync-powered-grvts-highly-anticipated-open-beta-goes-live-today. After months of anticipat...ion, the 2.5 million waitlisted testers can now experience GRVT’s cutting-edge features. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #grvt, #chainwire, #press-release, #grvt-announcement, #zero-knowledge-proofs, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. GRVT (pronounced “gravity”) is ZKsync’s first official Validium ZK Chain. It offers off-chain order matching combined with on-chain settlements at an impressive 600,000 transactions per second (TPS) To celebrate the Open Beta Testnet launch, GRVT offers exclusive rewards to early participants.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. ZK-SYNC-powered GRVT's highly anticipated open beta goes live today. By Chainwire, Singapore, Singapore, August 5, 2024, Chainwire, asterisk hybrid cryptocurrency exchange GRVT, pronounced, Gravity, ZK-SYNC's first official Validium ZK chain, launches its open beta testnet today. After months of anticipation, the 2.5 million waitlisted testers can now experience GRVT's cutting-edge features. Blending the strengths of both CEXs and DEXs, GRVT empowers users with self-custody of their assets and offers off-chain order matching combined with
Starting point is 00:00:43 on-chain settlements at an impressive 600,000 transactions per second, TPS. This unique model ensures that transactions benefit from the speed of off-chain processes, while all asset settlements remain secure and verifiable on the blockchain. To celebrate the open beta testnet launch, GRVT offers exclusive rewards to early participants. Be among the first 30,000 users to complete KYC verification and win from a pool of $2.4 million ZK tokens and 600,000 raffle tickets. Claim raffle tickets immediately upon verification. To claim $ZK tokens, participate on Mainnet Day 1, more details about Mainnet will be announced later. Greater than, GRVT aims to revolutionize financial markets by integrating blockchain
Starting point is 00:01:29 greater than technology and self-custody solutions into both TradFi and DeFi, said Hong Ye, co-founder and CEO of GRVT. We are thrilled to open our platform to the greater than public. By applying blockchain settlement and trustless risk management to greater-than-centralized order book infrastructure, GRVT is transforming trading and greater-than investment while upholding traditional security controls. I believe this greater-than approach, starting with crypto markets, can reshape the entire financial greater-than landscape. GRVT's development is backed by Matter Labs, the creator of ZK-Sync, along with support from prominent industry partners and investors, including Delphi Ventures, Matrix Partners,
Starting point is 00:02:11 HackVC, ABCDE Capital and so on. For more information and to join the GRVT community, users can visit grvt.io. Disclaimer. Cryptocur cryptocurrencies carry high risks this content is not a distribution of or an offer or solicitation to provide financial services or products nor a representation as to their suitability or legality for you grvti is not a regulated entity and your funds are not subject to regulatory protection before making any decision based on this content please seek financial and legal advice, and carefully review our risk disclosure and disclaimer. In full.
Starting point is 00:02:50 Singapore Users. GRVT is not licensed, approved, authorized, designated, recognized, registered or otherwise regulated under any legislation administered by the Monetary Authority of Singapore, MOS. As such, users will not have the benefit of any regulatory safeguards imposed by the Moss. About GRVT GRVT, pronounced, gravity, as a hybrid derivatives exchange enabling off-chain order matching and on-chain settlements at 600,000 TPS. Founded in 2022 and backed by Matter Labs, GRVT is ZK Sync's first official Validium ZK chain. Our mission is to democratize the financial market with secure, self-custodial solutions,
Starting point is 00:03:31 providing a safe, efficient and simple trading environment for everyone. GRVT Official Website for Media Inquiries. Contact. Press at grvt.io Social and Community. X. LinkedIn. Telegram. Discord. Contact. Read Lagrivid Press at grvt.io Social and Community. X, LinkedIn, Telegram, Discord Contact Read Lagrivid Press at grvt.io Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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