Bybit, one of the top 3 cryptocurrency exchange platforms in terms of trading volume, has announced an exciting upcoming Initial Dex Offering (IDO) for Galaxis on its Web3 platform. This highly anticipated event will see a substantial allocation of 60,060,060 Galaxis tokens being made available to the Bybit community.

Expressing enthusiasm for the collaboration, Bybit Web Evangelist Email Bao stated, "At Bybit, we are firm believers in the transformative potential of Web3. By supporting visionary projects like Galaxis, we contribute to building a more connected and empowered future for blockchain communities." This sentiment underscores Bybit's commitment to fostering innovation and growth within the decentralized ecosystem.

Galaxis, the project at the center of this IDO, is a decentralized no-code platform that is revolutionizing the way digital communities are created and interacted with. Galaxis empowers individuals, Web3 projects, athletes, artists, aspiring projects, and companies of all sizes and forms to build their own unstoppable communities, unlocking new realms of possibility in the ever-evolving decentralized landscape.

The IDO's subscription period is set to commence on May 3, 2024, at 10 a.m. UTC and will remain open until May 7, 2024, at 10 a.m. UTC. Following the subscription period, the project's snap period will run until May 10, 2024, at 10 a.m. UTC. Subsequently, after the token's listing on May 10, 2024, at 10 a.m. UTC, the crypto's reveal and purchase phase will take place between May 10, 2024, at 10:15 a.m. UTC and May 11, 2024, at 10 a.m. UTC.

Galaxis boasts an impressive total supply of 10,000,000,000 tokens, with 60,060,060 tokens being allocated specifically towards the Bybit IDO. To participate in this highly anticipated event, investors will need to maintain a minimum balance of 300 USDC (on the Ethereum chain) in their Bybit Wallet throughout the Snapshot Period. During this period, 3 snapshots will be taken, and only 2,000 winners will be selected to participate in the IDO.

The collaboration between Bybit and Galaxis represents a significant milestone in the evolution of the Web3 ecosystem, as two industry leaders join forces to drive innovation and empower communities. By leveraging Bybit's robust Web3 platform and Galaxis' cutting-edge no-code technology, this partnership promises to unlock new opportunities for creators, entrepreneurs, and blockchain enthusiasts alike, fostering a more inclusive and democratized digital landscape.

As the IDO draws near, anticipation within the community continues to build, with investors and industry observers eagerly awaiting the opportunity to be part of this groundbreaking event. The successful execution of this IDO will not only fuel the growth of Galaxis but also solidify Bybit's position as a leading facilitator of Web3 innovation, further cementing its commitment to shaping the future of decentralized technology.