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Create: 2024-03-28 Update: 2024-04-28 19:12:27

Bybit has announced its new launchpad project — Velar (VELAR).

Details:
Token: VELAR
Price: 1 VELAR Token = 0.03 USDT
Total Allocated to Bybit Launchpad: 8,000,000 VELAR
MNT Pool: 4,000,000 VELAR (Cap per subscriber: 300 USD = 10,000 VELAR)
USDT Lottery: 4,000,000 VELAR (Allocation per user: 12 USDT = 400 VELAR, winning tickets: 10,000)

Snapshot Period: Mar 29, 2024, 00:00 UTC – Apr 2, 2024, 23:59 UTC
Subscription Period: Apr 3, 2024, 3:30 UTC – Apr 3, 2024, 10:59 UTC
Distribution Period: Apr 3, 2024, 11:00 UTC – Apr 3, 2024, 11:59 UTC
VELAR/USDT Launch: Apr 3, 2024, 12:00 UTC

Velar is a feature-rich DeFi platform with Bitcoin finality.

https://x.com/bybit_official/status/1773258730697617469

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Telegram Gives Up On Crypto Blockchain Project

Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”

Bybit has announced its new launchpad project — Velar (VELAR).

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Telegram Updated: 2024-04-28 19:12:27

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