PRESS RELEASE

WazirX and 1Inch Partner to Host a Grand 1INCH Giveaway!

Highlights

    1INCH got listed on WazirX on 25th March 2021, and the deposits and trading have begun simultaneously

    The platform hosted an event and have scheduled to host multiple events in the coming days

1INCH Listing on WazirX

The most popular DEX aggregator and an automated market maker (AMM), 1INCH Network’s native token 1INCH is listed on WazirX on 25th March 2021. The deposits and the trading has already gone live since the listing.

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With the listing, the platform organized multiple events to host the ‘Grand 1INCH Giveaway’.

  1. AMA with Sergej Kunz on Friday, 26th March 2021

An AMA session was held with the host, Sergej Kunz who is the co-founder of the 1INCH network. Here the participants had the chance to accumulate more knowledge about the 1inch platform and the token. 

The AMA session was held on the official Telegram Group of WazirX. The co-founder was asked 10 questions crowdsourced from the Twitter followers about 1Inch. In the end, the group was unmuted for 10 minutes where the participants asked live questions to Sergej. 

The top 10 questions selected from Twitter were awarded $100. And top 5 live questions selected from Telegram were awarded $50 as prize money.

  1. Highest Trader Kaun Marathon From 30th March to 1st April 2021

The trading contest is expected to start on Tuesday, 30th March at 9 AM IST and would continue non-stop till Thursday, 1st April at 9 AM IST! The traders can participate in the contest anytime between Tuesday and Thursday. The trader needs to just trade hard and win!

A Total prize of INR 9,46,000 worth 1INCH based on the trading performance for the entire 48-hour long trading contest marathon. The traders are required to trade a minimum volume of 15.91 1INCH worth nearly INR 5000. 

The prizes are mentioned below:

  1. Fun Quiz Session on 30th March 2021

A fun quiz session about 1INCH is scheduled, where-in the participants can showcase their knowledge and win prizes. The quiz will be held on the official telegram group of WazirX. 

To participate, one has to join the telegram group, where-in a total of 10 questions will be asked and the participant needs to choose the correct answer. The prizes will be distributed as mentioned below:

  • 1st Prize: $50
  • 2nd to 5th Prize: $25 each
  • 6th to 20th Prize :$10 each
  1. Trivia Contest on 31st March 2021

1INCH Trivia contest is scheduled on Wednesday 31st March 2021 at 12 PM IST on the official Instagram Page of WazirX. To participate, one has to follow WazirX on Instagram, where-in 5 questions will be shared on Instagram Story. The participants need to choose the correct answer. For every question, one lucky winner from all correct answers will win 2.43 1INCH.

About 1INCH

As mentioned above 1inch exchange is a DEX aggregator as well as it consists of a 1Inch liquidity protocol priorly called Mooniswap. 1INCH token is an ERC-20 token of the protocol which is also a governance and utility token of the platform.

The total 1INCH token supply is 1,500,000,000 with token allocations as follows:

  • Core Bankers and Contributors: Nearly 53.3%
  • Community Incentives: 30%
  • Protocol Growth and Development: Nearly 14.4%
  • Advisors: 2.3%

Technical Specifications of 1INCH:

  • 1INCH price(At the press time) :$3.87
  • Global Market Capitalization: $577,024,997
  • Fully diluted market cap:$5,810,961,273
  • Global Trading Volume: $70,514,620
  • Circulating Supply:149,388,917 1INCH
  • Max Supply:1,500,000,000

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