$DEFY Token Launch (IEO) with Bybit Launchpad
It’s finally happening!
We are proud to announce that our Initial Exchange Offering (IEO) will be happening via Bybit Launchpad later this month!
Ready to join the revolution and take on Future Systems?
You can start investing today at Bybit Launchpad, where 18 million DEFY tokens can be earned through either committing BitDAO (BIT) tokens or participating in the USDT lottery after signing up on Bybit.
Why Bybit?
Apart from being one of the most popular and established cryptocurrency exchanges, having millions of users, and a track record of launching very promising projects, Bybit has an interesting ecosystem and a growing NFT marketplace suitable for DEFY.
The Bybit Launchpad also provides us with tools to maximize promotional efforts to further grow our community pre-launch, while the exchange provide an opportunity to showcase the project to its many potential investors from the token-listing, thereby increasing volume when the token starts trading,
From pre-launch to post-listing support, Bybit offers a full package to ensure a successful launch. This includes running different events, competitions, and campaigns across various platforms leading up to our IEO — including AMA sessions for both the Bybit and DEFY communities.
We have no doubt launching with Bybit would effectively help put DEFY on the map, having greater visibility to appeal towards a wider range of audience, thus making them our choice of platform for DEFY’s IEO.
Requirements for Participating in Bybit Launchpad
- Users must have completed the KYC Level 1 requirement
Note: KYC must be completed before the subscription period starts. - Users from restricted countries are not allowed to use the Bybit Launchpad.
- Hold 50 BIT (BitDAO) or 100 USDT throughout the Snapshot Period (found below)
Quick Overview
- Date/Time of IEO: 15 August 2022 (1200 UTC)
- Total Token Supply: 2,500,000,000 $DEFY
- Initial Circulating Supply: 46,850,000 $DEFY
- Total Allocation for IEO: 18,000,000 $DEFY
- Price of 1 $DEFY: 0.024 USD
- Fully Diluted Valuation (FDV): $60,000,000
Key Dates and Time:
- Snapshot Period: 10 August 2022 (0000 UTC) to 14 August 2022 (2359 UTC)
- Subscription Period: 15 August 2022 (0330 to 1059 UTC)
- Distribution Period: 15 August 2022 (1100 to 1159 UTC)
- Launch Period: 15 August 2022 (1200 UTC)
Note: Deposits and withdrawals of DEFY will be supported from 14 August 2022 1000 UTC and 15 August 2022 1000 UTC respectively. - Buy and Earn Event: 16 August 2022 (1200 UTC) to 23 August 2022 (1200 UTC)
For the full details on how each period works and instructions to participate, please refer to the following links:
Learn more: http://go.bybit.com/e/QkzwIjnzbsb
Join now: http://go.bybit.com/e/NkzwIjnzbsb
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.
About DEFY Labs
DEFY Labs is passionate about building the next generation tools and platforms that allow users to view and interact with NFTs and other digital collectibles in the real world. DEFY Labs’ vision of the metaverse is one that involves merging the virtual and physical worlds in a compelling and inspiring way.
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