Xterio (XTER) Launches on Bybit Launchpad 3.0

Xterio (XTER), an AI-powered gaming and blockchain platform, has been launched on Bybit Launchpad 3.0. The project, which integrates gaming experiences on Ethereum (ETH) and Binance Smart Chain (BNB), is built on a Layer 2 OP superchain ecosystem. Xterio is supported by over $80 million in funding from investors such as Binance Labs, Makers Fund, and DST Global.

The Xterio platform hosts five games and collaborates with more than 70 partners, serving a community of 8 million users. The token, XTER, is priced at 0.04 USDT per token, with a total of 7,500,000 XTER allocated for the Bybit Launchpad. This allocation is split equally between the MNT Pool and the USDT Lottery.

Participation Details for Bybit Launchpad 3.0

The Launchpad process includes several phases. The Snapshot Period runs from January 3, 2025, to January 7, 2025. During this time, participants must maintain a daily average balance of 50 MNT or 100 USDT to qualify for token allocation or lottery participation, respectively. The Subscription Period follows on January 8, 2025, where participants commit their MNT or USDT to secure their allocations.

In the Distribution Period, which occurs on the same day, the final token allocations are calculated. For token allocation subscribers, the allocation is based on the proportion of MNT committed relative to the total committed by all participants. Lottery ticket holders will receive allocations based on the number of winning tickets they hold.

Listing and Events

XTER will be listed for trading on January 8, 2025, at 10 AM UTC, provided liquidity conditions are met. Deposits open on January 7, 2025, and withdrawals will be available from January 9, 2025. To celebrate the launch, Bybit has organized two events: the XTER Token Splash and the XTER Puzzle Hunt, each offering a prize pool of 300,000 XTER.

For more information on the launch and participation details, visit the official announcement here.

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