Bybit is one of the fastest growing cryptocurrency exchanges, with more than 2 million registered users. You can buy and sell crypto instantly, or trade popular coins across different contract types as you’d like.
Bybit Launch Pad - GGM
Play to Earn iteration of the legendary MONSTER GALAXY game
Snapshot Period
The daily average amount of BIT in your Spot Account, ByFi Account and Derivatives Account from 2022-01-13 00:00 - 2022-01-17 23:59（UTC） must be equal to or greater than 50, and will be rounded up to the nearest integer.
2022-01-13 00:00 - 2022-01-17 23:59（UTC）
Subscription Period
You can commit a certain number of BIT in your Spot Account towards the new project. To do so, you must click on the "Commit Now" button during this subscription period. The number of BIT you've committed will be locked and cannot be accessed for transfers, withdrawals or trading until after the final GGM distribution. Please note that if you’ve staked BIT in the Launchpool, head to “Launchpool” in “ByFi Account” under “Orders & Trades” to unstake your BIT first and then manually transfer it to the Spot Account. If you hold BIT under the ByFi Account or Derivatives Account, please manually transfer it to your Spot Account.
2022-01-18 03:30 - 2022-01-18 10:59（UTC）
Distribution Period
Your final GGM allocation amount = (the amount of BIT you've committed / total amount of BIT committed by all participants) * total amount of GGM allocated for the project. Please note that the max. amount of GGM you can receive is capped at 14000, and the amount that exceeds the limit will be allocated to participants who haven't reached this hard cap yet. Based on your final GGM allocation result, the corresponding BIT equivalent will be deducted from your committed amount, while your GGM allocation and the remaining BIT will be credited back to your Spot Account.
2022-01-18 11:00 - 2022-01-18 11:59（UTC）
Launch Period
The new Spot pair, GGM/USDT, will be live for trades at 2022-01-18 12:00（UTC）, if liquidity conditions are met.
