Bybit, recognized as the second largest cryptocurrency exchange in the world by trading volume, has unveiled its latest Launchpad initiative with the Xterio token (XTER). The platform offers users the opportunity to participate in the GameFi economy through a two-tier reward system with prizes of 7,500,000 XTER. Subscribers can earn rewards by joining the subscription period before January 7, 2025 and completing certain tasks after XTER’s spot launch on January 8.
Xterio: Merging AI and Blockchain Gaming
Xterio features an AI-powered blockchain gaming platform running on the Layer 2 OP Superchain ecosystem. Its innovative approach to integrating games and rewards has caught the attention of leading investors and developers. With over $80 million in funding, the project is backed by Binance Labs, Makers Fund, DST Global and more than 70 strategic partners.
During the subscription phase, participants have two main ways to earn a share of the 7,500,000 XTER reward pool:
Token subscription: Users can purchase XTER with MNT and compete for a share of 3,750,000 XTER, with an individual cap of 7,500 XTER.
Participation in the lottery: Eligible users can use USDT to enter a lottery for allocations from a separate 3,750,000 XTER pool, with a maximum of four tickets per user.
To qualify, users must have a daily average balance of at least 50 MNT or 100 USDT during the snapshot period of January 3-7, 2025. These amounts must be provided during the subscription period from 3:30 a.m. to 8:50 a.m. UTC on January 8th. The token allocation will be completed at 9:59 a.m. UTC on the same day.
