en
Back to the list

Bybit Unveils Launchpad 3.0: A Transparent Gateway to Early Crypto Projects

source-logo  blockchainreporter.net 30 August 2023 10:39, UTC

Bybit, a leading name in the realm of cryptocurrency exchanges, has taken a major stride towards revolutionizing the token launch landscape with the introduction of its highly anticipated Bybit Launchpad 3.0. With the crypto world constantly evolving, Bybit’s innovative platform offers investors a unique opportunity to gain early access to promising projects through a transparent and streamlined process.

Bringing Innovative Crypto Projects to the Forefront

The unveiling of Bybit Launchpad 3.0 marks a significant milestone for the cryptocurrency industry. As the third most visited crypto exchange globally, Bybit has created a groundbreaking platform that connects ambitious project developers with eager investors in a more seamless and transparent manner than ever before.

Investors on Bybit Launchpad 3.0 are presented with an exclusive chance to acquire new and pre-listed tokens from projects deemed as high-potential. The process involves committing specific amounts of Mantle (MNT) or Tether (USDT) to each project during a defined commitment period. Once this period concludes, the initial amounts are returned to the investors.

This approach not only facilitates investor participation but also enhances the transparency of the entire token launch process. The platform is accessible to users who have successfully completed Identity Verification Level 1 and have deposited either MNT or USDT into their Bybit Wallet

Additionally, for those looking for increased opportunities, Bybit Launchpad 3.0 presents the possibility of earning additional allocations. This can be achieved by maintaining a higher average daily Spot trading volume, which in turn offers an extended avenue to participate and capitalize on these groundbreaking token launches.

Shaping the Future of Cryptocurrency Launches

Cashtree, an integral part of the Mantle Network project, is the first project to be featured on the Bybit Launchpad 3.0. Recognized as Indonesia’s premier mobile advertising platform, Cashtree boasts a user base of over 20 million, effectively connecting brands and advertisers with a wide audience.

By integrating the Cashtree Token (CTT) into its structure, the platform is utilizing Mantle’s Layer 2 infrastructure to establish a blockchain-based rewards system. With a vision to become a bridge to the crypto world, CTT aims to introduce users to Web3 by offering loyalty programs, GameFi, and various financial services.

Ben Zhou, the co-founder and CEO of Bybit, expressed his enthusiasm for the new platform, stating, “Bybit Launchpad 3.0 is bringing innovative blockchain projects to the forefront. We are providing direct access to pre-listing rounds and facilitating the acquisition of new tokens. These tokens then seamlessly transition to trading on Bybit’s trading platform.”

Established in 2018, Bybit has rapidly ascended the ranks to become one of the top five cryptocurrency exchanges. The exchange offers a professional platform catering to crypto investors and traders, featuring an ultra-fast matching engine, round-the-clock customer service, and a multilingual community support system.

Notably, Bybit proudly stands as the partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team. By introducing the Bybit Launchpad 3.0, Bybit is pioneering a more transparent and accessible method for investors to engage with emerging projects, effectively shaping the future of cryptocurrency launches.

blockchainreporter.net