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CoinCRED Partners With a Newly Launched Crypto Project, Gyre Network

Wed, 11/30/2022 - 07:19
CoinCRED Partners With a Newly Launched Crypto Project, Gyre Network
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The current crypto market is bearish these days. Even in such conditions, some crypto exchanges showcase a rock-solid performance and are headstrong with their business growth, like the CoinCRED exchange. It recently got a UAE license; moreover, it has declared Dubai as its HQ with the country’s official license. The exchange is well aware of the ongoing market situation; according to co-founder and CEO of the exchange, Mr. Ubaid Chand, "Data published by various crypto analysts signifies that the current market condition has started to become stable because the crypto to fiat outflow is trying to become stable.” 

CoinCRED officials also stated that their crypto exchange collaborated with a new cryptocurrency, GYRE NETWORK. Through their collaboration with the GYRE NETWORK team, CoinCRED will become their official launchpad to buy/sell and invest. Moreover, CoinCRED, with the association of GYRE NETWORK, has conducted a series of webinars, with Mr.Ubaid Chand as a speaker for the webinars for a brand awareness campaign.

About Gyre Network

GYRE NETWORK  is a newly built cryptocurrency developed upon the BEP 20 token standard of BNB Smart Chain with the symbol name (GYR). Its use case is to power smart contracts. Gyre Network's sole objective is to increase the utilization of blockchain technology. Therefore, it has developed a fantastic strategy that helps to spread smart contracts' adaptability and generates income. It has introduced an incentive program, "Gyre Network Incentive Program." The token aims to build its network and enhance its liquidity through this incentive program. 

The details of the incentive program are available on their website. The incentive program comprises Investment Income, Staking Income, Network staking Income and Royalty Income. The GYR team has a systematic structure through which individuals can generate passive income and earn free cryptocurrency.   

Furthermore, for the smooth functioning of the incentive program, the gyre network has launched its application. The application is designed with a user-friendly interface. 

According to the reports, the application is receiving a great response. It has witnessed 2K plus downloads within three days of its launch. The application was launched on 14 November 2022. The gyre network team aims for 70-80K downloads by their first month.

Though evaluation of the product and its market performance is not apt as the token and its application are in the initial phase. It is commendable for the gyre network crypto project as their situation is hunky dory as of now. The GYRE NETWORK is one of a kind and can be an excellent opportunity for all crypto enthusiasts, even in this dip market. 

Gyre Network

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