On May 3, 2024, leading cryptocurrency exchange Bybit announced on its Web3 platform that it will soon launch an IDO for Galaxis.
“Bybit firmly believes in the transformative potential of Web3,” said Bybit Web3 Emily Bao. “By supporting visionary projects like Galaxis, we are committed to building a connected, stronger future for the blockchain community. Supporting Galaxis’ IDO is fully aligned with our vision of building a simpler, more open, and more equal Web3 ecosystem.”
Galaxis is a decentralized, no-code platform that aims to transform the way digital communities are built and interacted.
At its core, Galaxis is about building a unique ecosystem that enables Web3 projects, artists, athletes, like-minded projects, and companies of all shapes and sizes to build amazing communities and monetize their creativity.
IDO Details
IDO subscription period: 10 AM on May 3, 2024 to 10 AM on May 7, 2024 (UTC)
Snapshot period: 10 AM on May 7, 2024 to 10 AM on May 10, 2024 (UTC)
Display and purchase period: May 10, 2024 10:15 AM UTC to May 11, 2024 10 AM UTC
Launch date: May 10, 2024 10 AM UTC
Token Details
Token: GALAXIS
Total amount allocated to Bybit IDO: 60,060,060
Total Supply: 10,000,000,000
Eligibility Requirements
Users must hold a Bybit Wallet with a balance of at least 300 USDC (Ethereum chain) throughout the snapshot period to participate in the IDO.
During the snapshot period, three (3) snapshots will be taken each day.
Maximum number of winners: 2,000
For more information on the IDO process and eligibility requirements, please visit the Bybit Web3 page https://www.bybit.com/en/web3/ido
About Bybit Web3
Bybit Web3 is redefining the openness of the decentralized world, creating a simpler, more open, and more equal ecosystem for everyone. It is committed to welcoming builders, creators, and partners in the blockchain field, inviting cryptocurrency enthusiasts and curious people to join. The community has more than 1 million wallet users and more than 10 major ecosystem partners. Bybit Web3 provides a full range of Web3 products designed to help users easily and publicly access, exchange, collect, and grow Web3 assets. Bybits wallets, markets, and platforms are all based on security and professional technology, making Bybit one of the top 3 cryptocurrency exchanges in the world, trusted by 25 million users worldwide.
About Bybit
Bybit is one of the top three cryptocurrency exchanges in the world with a trading volume of 25 million. Founded in 2018, the platform provides a professional platform for cryptocurrency investors and traders, offering a super-fast matching engine, 24/7 customer service and multilingual community support. Bybit is a partner of the F1 team and drivers champion Oracle Red Bull Racing.
