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Bybit Launchpad 2.0 to Host OpenBlox (OBX) IEO

Mushu Butt by Mushu Butt
June 21, 2022 - 3:18 pm
in altcoins news, bitcoin news
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Bybit, one of the rapidly growing cryptocurrency exchanges in the world, has decided to list the initial BloxVerse platform token, known as OBX, on its new platform Bybit Launchpad 2.0. OpenBlox is an EVM-based non-fungible token (NFT) gaming and Web3 platform with a primary emphasis on play-and-earn (P2E), move-and-earn (M2E) as well as IP branding.

The initial exchange offering for OBX will be hosted by Bybit, and it will be made available on the Bybit Launchpad 2.0, a recently updated platform for innovative blockchain projects. The complete spot listing is slated to take place on June 30.

Bybit users have the option of either staking BIT to subscribe to token deployments or taking part in the new lottery model offered by Launchpad 2.0. This model requires users to stake a small amount of Tether (USDT) in exchange for the possibility of winning awards of new tokens. Launchpad also allows users to purchase the best-performing assets from preceding listings.

Bybit To Lead The Space With OpenBlox

Since its debut in 2021, OpenBlox has garnered investments from well-known investors like Yusaku Maezawa, who completed his first Web3 commitment with the project. Additionally, after its initial launch, OpenBlox has gained a dedicated community of users.

The most recent participant to join the blockchain gaming ecosystem is RunBlox, a lifestyle app that is also OpenBlox’s first Web3 endeavor. RunBlox has already acquired interest despite the fact that it is still in the beta testing phase.

OBX Listing To Open A New Realm Of Opportunities

OpenBlox’s success will likely continue thanks to its listing on the OBX. OpenBlox accomplished a number of significant milestones in 2022, including the completion of seed and private funding rounds totaling $4 million. Besides, the debut of RunBlox and major expansion in Japan and Korea as the Asia-Pacific region emerged as OpenBlox’s primary user base.

Openblox OBX

In addition, Bybit Launchpad 2.0 is the go-to platform for potential cryptocurrency projects, and it allows consumers exclusive exposure to some of the most highly sought-after tokens in the sector. OBX is the most recent participant to join the future-forward ecosystem introduced by Bybit Launchpad 2.0.

Bybit’s Future Prospects

Bybit recently made an announcement regarding the debut of the Grid Trading Bot, which will give registered customers the ability to use the Grid Trading technique in a manner that is both effective and fully automated.

Bybit’s newly added capability allows it to provide sophisticated AI parameters for each trading pair that can be supported by the bot. Establishing and maintaining the settings is something that quantitative specialists do in order to make it more advantageous for their clients.

When a user’s trading bot has been configured successfully and is making a profit, they have the ability to quickly and easily share their trading strategy with other traders by simply clicking a button.

With these recent announcements, Bybit is planning to take a step further in the crypto trading space and offer its clients the most sophisticated solutions. The platform is aiming to make crypto trading a lot more efficient, streamlined, and risk-free.

Tags: altcoinBitcoinBlockchainBloxVerseByBitCryptoCryptocurrencyEcosystemOBXWeb3
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Mushu Butt

Mushu Butt

Mushu Butt is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media.In addition to being a skilled content writer, Mushu is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushu enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for Blockchainreporter.

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