On May 3, 2024, leading cryptocurrency exchange Bybit announced on its Web3 platform that it is about to launch an IDO for Galaxis.
"Bybit firmly believes in the transformative potential of Web3," said Bybit Web3's Emily Bao. "By supporting visionary projects like Galaxis, we are committed to creating a more interconnected and powerful future for the blockchain community. Supporting Galaxis' IDO is fully aligned with our vision to build a simpler, more open, and more equitable Web3 ecosystem."
Galaxis is a decentralized no-code platform aimed at changing the way digital communities are built and interact.
At the core of Galaxis is the creation of a unique ecosystem that allows Web3 projects, artists, athletes, like-minded projects, and companies of various forms and sizes to build vibrant communities, thereby achieving creative monetization.
IDO Details
IDO subscription period: May 3, 2024, 10 AM to May 7, 2024, 10 AM (UTC)
Snapshot period: May 7, 2024, 10 AM to May 10, 2024, 10 AM (UTC)
Display and purchase time: 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 balance of at least 300 USDC (Ethereum chain) in their Bybit Wallet throughout the entire snapshot period to participate in the IDO.
During the snapshot period, three (3) snapshots will be taken daily.
Maximum number of winners: 2,000
For detailed 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 equitable ecosystem for everyone, and is committed to welcoming builders, creators, and partners in the blockchain field, inviting cryptocurrency enthusiasts and curious individuals to join. The community has over 1 million wallet users and more than 10 major ecosystem partners. Bybit Web3 offers a full suite of Web3 products designed to help users easily access, exchange, collect, and grow Web3 assets openly. Bybit's wallet, market, and platform are all built on security and professional technology, making Bybit one of the top 3 cryptocurrency exchanges globally, trusted by over 25 million users worldwide.
About Bybit
Bybit is one of the top three global cryptocurrency exchanges, with a trading volume of up to 25 million. The platform was established in 2018, providing a professional platform for cryptocurrency investors and traders, offering super-fast matching engines, 24/7 customer service, and multilingual community support. Bybit is a partner of the F1 team and driver champion Red Bull Racing.
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