Supra launches mainnet amid rising blockchain excitement
- Supra’s mainnet and Token Generation Event were launched in Zug, Switzerland, on November 27, 2024.
- The blockchain platform integrates MultiVM support and has undergone extensive security audits.
- With strong developer enthusiasm and a successful testnet, Supra aims to establish a leading position in the Web3 landscape.
In Zug, Switzerland, Supra announced the launch of its mainnet and Token Generation Event (TGE) on November 27, 2024. This milestone follows months of collaboration with leading exchanges to ensure adherence to security, performance, and compliance standards. The fully vertically integrated Layer-1 blockchain is notable for its MultiVM support, in-protocol oracles, native on-chain randomness, and cross-chain communication, which positions it favorably within the rapidly evolving Web3 landscape. The development was driven by a commitment from engineers, developers, and business teams to create next-generation blockchain infrastructure. As part of the pre-launch initiatives, Supra conducted an incentivized testnet that began on August 15, 2024, which showcased the system's capabilities and garnered significant interest from the developer community. The successful outcome of the testnet indicated that a number of developers are already poised to deploy decentralized applications (dApps) on the new mainnet within the days to follow, highlighting the ecosystem's growth potential. Additionally, the company hosted an event called