Cryptocurrencies

Bybit Exchange To Host OBX Token IEO On Launchpad 2.0

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Written By: Michael Abadha
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  • ByBit Exchange has announced that it will host the OBX token on Bybit Launchpad 2.0. We tell you the implications of the move.

The Bybit exchange has announced that it will list the first BloxVerse platform token, the OBX, on the Bybit Launchpad 2.0. As an EVM-based NFT game and website, OpenBlox is dedicated to the concept of play and earn, as well as intellectual property (IP) branding. As part of the Bybit Launchpad 2.0, Bybit will host the first exchange offering for OBX. With a new look and more listings anticipated for June 30th, the Launchpad is a platform for outstanding blockchain startups.

Why Bybit Launchpad 2.0 suits OBX

Bybit Launchpad 2.0’s forward-looking ecosystem has gained a new member in the form of OBX. Additionally, its inclusion on the list is a testament to the success that OpenBlox has already achieved. Bybit Launchpad 2.0 provides users with early access to some of the tokens with the highest demand in the industry. After raising $4 million in seed and private funding, OpenBlox launched RunBlox in Japan and Korea in 2022, and the Asia-Pacific area saw huge growth in OpenBlox users.

After its first introduction, OpenBlox caught the attention of well-known investors including Yusaku Maezawa. Yusaku made his first web3 investment in the project, and it has built a dedicated community of users. Since its launch in beta testing, RunBlox, a lifestyle app and OpenBlox’s first web3 initiative, has attracted a significant amount of attention in the blockchain gaming community.

Launchpad 2.0’s new lottery model allows users to bet a small amount of USDT for the chance to win additional token allocations. However, Bybit users can do either with their BIT. Launchpad users can also purchase tokens that have performed well in past listings. Ultimately, Bybit Launchpad 2.0 aims to become the go-to platform for outstanding blockchain projects. 

This post was last modified on Jun 22, 2022, 08:35 BST 08:35

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha