Bybit Web3 Announces Upcoming IDO for Nulink
Dubai, UAE, May 9th, 2024, Chainwire
Bybit, one of the world’s top three crypto exchanges by volume, today announced an upcoming Initial DEX Offering (IDO) for Nulink (NLK)on its Web3 platform.
“Bybit Web3 is excited to offer our community the opportunity to participate in the IDO for Nulink, a project that is redefining data privacy for DApps,” said Emily Bao, Bybit Web3 Evangelist. “NuLink’s innovative solutions empower developers to build secure and trustworthy applications, fostering a more robust and user-centric Web3 ecosystem.”
NuLink – ZK Provable Data Privacy Solution for DApps
NuLink provides privacy-preserving technology for decentralized applications via APIs, making it easy for developers, startups, small businesses and enterprises to build their own applications with all the best security and privacy practices.
NuLink combines blockchain technology with advanced security methods like Proxy Re-Encryption and Attribute-Based Encryption. It also uses secure computation techniques like Zero-Knowledge Proof, Secure Multi-party Computation, and Fully Homomorphic Encryption.
IDO Details
- IDO Subscription Period: May 9, 2024, 10AM UTC to May 13, 2024, 10AM UTC
- Snap Period: May 13, 2024, 10AM UTC to May 16, 2024, 10AM UTC
- Lottery Period: May 16, 2024, 10AM UTC to May 16, 2024, 10:15AM UTC
- Reveal and Claim Period: May 16, 2024, 10:15AM UTC to May 17, 2024, 10AM UTC
- Listing Date: May 16, 2024, 10AM UTC
Token Details
- Token: NLK
- Total Allocated to Bybit IDO: 4,000,000
- Total Supply: 1,000,000,000
Eligibility Requirements
- Users must hold a Bybit Wallet with a minimum balance of 300 USDC (Ethereum Chain) throughout the Snapshot Period to participate in the IDO.
- Three (3) snapshots will be taken daily during the Snapshot Period.
- 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
#Bybit / #TheCryptoArk / #BybitWeb3
//ENDS
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 1 million wallet users, over 10 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 25 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit, please visit Bybit Web3.
About Bybit
Bybit is one of the world’s top three crypto exchanges by trading volume with 25 million users. Established in 2018, it offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
