DUBAI, UAE, July 18,
2024 /PRNewswire/ -- Bybit, the world's
second-largest web3 platform by trading volume, today announced an
upcoming Initial DEX Offering (IDO) for LayerNet ($NET) on its Web3
platform. This will be Bybit Web3's first IDO after
successfully refreshing and launching its IDO 2.0 offering, with an
industry-first refund policy and new game and reward mechanics.
LayerNet: Building the Gaming Layer on Telegram
LayerNet introduces an innovative concept - a gaming layer built
directly on Telegram. Through Netcoin, their flagship play-to-earn
(P2E) game, users can compete against AI opponents and earn
rewards. $NET serves as the primary utility token within the
LayerNet ecosystem, powering in-game transactions and
functionalities.
"LayerNet is committed to building the Gaming Layer within the
TON ecosystem, aiming to provide users with a unique gaming
experience. Its flagship product, NetCoin, is a mini-game that
allows users to easily earn rewards with a click, gaining points
through simple actions."
"NetCoin is just an appetizer. LayerNet's future plans include
building the L2 network for TON and designing an SDK for game
development. This will enable deeper integration of the TON
blockchain features with Telegram's extensive user base in gaming,"
said Alex, COO of LayerNet.
IDO Stages (All timings are in UTC)
- Subscription Period: 18 July
2024, 10AM to 25 July 2024, 10AM
- Lottery Draw: 25 July 2024,
10AM to 25
July 2024, 10.15AM
- Redemption: 25 July 2024,
10.15AM to 26
July 2024, 10AM
- First Come First Serve Round (FCFS): 26
July 2024, 10.10AM to
26 July 2024, 11.10AM
Token Details
- Token: $NET
- Total Allocated to Bybit IDO: 15,000,000
- Total Supply: 800,000,000
- Chain: ETH
Eligibility Requirements
- Users must hold a Bybit Cloud Wallet to participate in the IDO.
Please ensure that there is enough gas fee for transactions.
- Maximum number of winners: 1,500
For detailed information on the IDO process and eligibility
requirements, please visit the Bybit Web3 page:
https://www.bybit.com/en/web3/ido
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the
decentralized world, creating a simpler, open, and
equal ecosystem for everyone. We are committed to welcoming
builders, creators, and partners in the blockchain space, extending
an invitation to both crypto enthusiasts and the
curious, with a community of over 10 million wallet users, over 10
major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products
designed to make accessing, swapping, collecting and growing Web3
assets as open and simple as possible. Our wallets, marketplaces
and platforms are all backed by the security and expertise that
define Bybit as a top 3 global crypto exchange,
trusted by 33 million users globally.
Join the revolution now and open the door to your Web3 future
with Bybit.
For more details about Bybit, please visit Bybit Web3.
About Bybit
Bybit is the world's second-largest cryptocurrency
exchange by trading volume, serving over 33 million users.
Established in 2018, Bybit provides a professional platform where
crypto investors and traders can find an ultra-fast
matching engine, 24/7 customer service, and multilingual community
support. Bybit is a proud partner of Formula One's reigning
Constructors' and Drivers' champions: the Oracle Red Bull Racing
team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
For more information, please visit: https://www.bybit.com
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SOURCE Bybit