Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Devine Protocol launches DEVI presale on SUI, aiming to enrich decentralized prediction markets with fast transactions, low fees, and community-driven governance.
Devine Protocol, a next-generation decentralized prediction market, has officially launched its much anticipated DEVI token presale on the SUI blockchain, aiming to redefine how communities leverage collective intelligence to forecast real-world events.
By combining a highly scalable blockchain network with a user-centric approach to market creation, Devine Protocol is positioned to bring lightning-fast transactions, low fees, and a transparent governance model to the forefront of decentralized finance (DeFi).
Reimagining crowd forecasting on SUI
Built from the ground up on the SUI network, Devine Protocol addresses many shortcomings of traditional prediction markets, such as high transaction costs and sluggish performance.
By staking 100,000 DEVI, participants can create or manage markets on a diverse array of topics, from sports and politics to macroeconomic events.
Market creators then earn a share of the trading fees generated, fostering an open, community-driven ecosystem that rewards innovation and engagement.
“We see prediction markets as a key driver of next-gen DeFi,” says Yousef, Head of Community at Devine Protocol. “Our vision is to empower anyone, anywhere, to leverage the wisdom of the crowd for real-time, data-driven insights, without the barriers posed by high fees or slow confirmations.”
DEVI presale: Key details
Presale start: February 6, 2025
Token allocation: 20% of the total 10 million DEVI supply
Presale price: 1 SUI = 10 DEVI
Minimum/maximum buy: 50 SUI to 10,000 SUI
Token distribution: Contributors receive their DEVI 24 hours after the presale concludes
By raising 200,000 SUI in this presale, Devine Protocol intends to secure the capital necessary to finalize development, ramp up marketing efforts, and prepare for a Q2 2025 mainnet launch.
How to join the presale
Set up a SUI-compatible wallet: Download a trusted wallet like SUI Wallet or Suiet, safeguarding users’ seed phrase.
Acquire SUI: Purchase SUI from a reputable exchange and transfer it to the new wallet.
Visit the presale page: Navigate to devineprotocol.com to find the presale link.
Contribute: Exchange users’ SUI for DEVI within the presale window. The tokens will be airdropped to the users’ wallets once the sale ends.
Check out this brief guide on how to join the presale.
Why Devine Protocol could disrupt the market
Low fees and high speed: SUI’s blockchain architecture ensures swift settlements and minimal gas costs, which is vital for fast-paced prediction markets.
Community governance: DEVI holders can propose and vote on changes, forging a truly decentralized marketplace tailored to user feedback.
AI-assisted insights: Future integrations plan to leverage AI and machine learning to further refine crowd predictions and empower traders with actionable data.
With its unique model incentivizing market creation and fair reward distribution, Devine Protocol represents a promising evolution of decentralized prediction markets.
As the DEVI presale kicks off, early supporters have a golden opportunity to acquire tokens at favorable rates and actively shape the future of crowd forecasting on SUI.
To learn more about DEVINE, visit the website, X, Telegram, Discord and blog.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Read the full article here