The official launch will be followed by the release of development tools and the launch of over 50 ecosystem projects in the coming quarters.
Dubai, United Arab Emirates, June 14, 2022 (GLOBE NEWSWIRE) -- Cherry, the smart contract enabled decentralized file storage protocol, has announced the successful completion of their mainnet network today. This announcement comes at the culmination of months of development, momentum buildup, community meetups, scaling, ecosystem expansion, and new partners joining the Cherry platform.
Over the last several months, the Cherry team successfully implemented several strategic and operational improvements and enhancements to the Cherry chain and ecosystem. These include the launch of the Cherry Chain testnet earlier this year, relocation to new corporate offices, a significant hiring drive, which has doubled their workforce, and the development of frameworks, SDKs, and a user-friendly blockchain UI, all of which are essential for the widespread adoption of Cherry. The Cherry Bridge and several foundational ecosystem elements such as stablecoins, DEXs, and lending platforms have also been under steady development by the Cherry team during this time.
Herman Jacobs, co-founder of the Cherry project and CEO of Cherry Labs, the first early-stage investment firm and incubator focused exclusively on the Cherry Ecosystem, commented on the upcoming mainnet launch by saying: “Cherry is a highly-optimized layer-one solution that comes with the...
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