Bitget LaunchX: A Tailor-Made Early Token Distribution for Users and Projects

Bitget is excited to introduce LaunchX, an innovative token distribution platform designed for the Web3 community. LaunchX provides robust issuance support for high-quality, reputable projects, enabling Web3 users to acquire tokens during the project's launch phase. The platform not only supports public offerings but also facilitates token airdrops and quest-based airdrops, enhancing the fairness, security, and community engagement of token distribution.

What is Bitget LaunchX

The crypto space faces a significant challenge: many projects need more real value, and early token distribution methods often fail to engage genuine Web3 users effectively. These methods struggle to promote long-term support from token holders and new users. Bitget LaunchX provides a better solution to these challenges.

For users, LaunchX is a trustworthy platform to discover promising projects and receive tokens in their early stages. Additionally, Bitget has introduced airdrop promotions via LaunchX, offering extra incentives for participants.

For project owners, LaunchX provides a fast and efficient token distribution channel, connecting them to a global audience through the platform's extensive resources and active community.

Highlights of Bitget LaunchX

1. Flexible distribution model

LaunchX offers two primary token distribution methods:

● Public sales: Users can subscribe early to acquire project tokens before others, gaining a market advantage.

● Airdrops (including quest-based airdrops): Project tokens are distributed for free to users who meet specific criteria.

2. Long-term commitment

LaunchX supports token vesting schedules, which encourage participants to become long-term supporters of projects rather than short-term speculators. This approach also strengthens the project's ecosystem by incentivizing early contributors and active users.

3. Highly customizable options

LaunchX allows project owners to tailor their token sales terms, including identity verification requirements, pricing strategies, vesting periods, and participation criteria to suit their specific needs.

4. Community inclusion

LaunchX ensures broad participation by making public sales and airdrop promotions accessible to the community. The platform also adheres to regional and regulatory requirements, supporting the global development of projects. With over 45 million registered users, Bitget and LaunchX provide an unmatched gateway for project founders aiming to establish the next major cryptocurrency brand.

How to participate in Bitget LaunchX

On the Website

Step 1. Log in to your Bitget account, navigate to the Launchhub section in the navigation bar, and select LaunchX from the dropdown menu.

Step 2. Choose a project you're interested in and click Subscribe now.

Step 3. Visit the project's details page. If the project is in the subscription phase, click Subscribe now. Make sure to review the subscription details, especially the 'Individual Subscription Cap' or 'Individual Commitment Cap'.

If the subscription period hasn't started, please wait patiently.

Step 4. Enter the amount of cryptocurrency you want to commit in the pop-up menu and click Confirm.

Step 5. Once the subscription is complete, wait for the distribution period to conclude. Afterward, you can find your tokens in your spot account.

(Note: If the actual amount of tokens you receive is less than the amount you invested, the unused funds will be released and refunded to your spot account after the distribution ends.)

On the APP

Step 1. Open the Bitget app. Tap on LaunchX in the quick access section or tap More and find LaunchX.

Step 2. Choose a project you're interested in and click Subscribe now.

Step 3. Visit the project's details page. If the project is in the subscription phase, click Subscribe now. Make sure to review the subscription details, especially the 'Individual Subscription Cap' or 'Individual Commitment Cap'.

If the subscription period hasn't started, please wait patiently.

Step 4. Enter the amount of cryptocurrency you want to commit in the pop-up menu and click Confirm.

Step 5. Once the subscription is complete, wait for the distribution period to conclude. Afterward, you can find your tokens in your spot account.

(Note: If the actual amount of tokens you receive is less than the amount you invested, the unused funds will be released and refunded to your spot account after the distribution ends.)

Notes

1. What are the requirements to participate in LaunchX?

To ensure a safe and compliant environment, Bitget LaunchX requires all users to complete identity verification. Sub-accounts and restricted accounts are not eligible.

Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

2. What is the maximum amount I can subscribe to in LaunchX public sales?

Each LaunchX public sale has an individual commitment limit, which cannot be exceeded. Additionally, there may be an individual subscription limit, which refers to the maximum number of new coins you can acquire in each public sale. Please check the LaunchX project’s rules for details.

3. How are tokens allocated?

The number of new tokens you receive is calculated during the distribution phase based on your share of the total funds raised.

The number of new coins you receive = total new coins available for the promotion × (individual commitment amount ÷ total commitment amount during the promotion).

Note: The number of tokens you can receive is capped by the 'Individual Subscription Cap' set for each promotion.

4. When will you receive your tokens?

The new coins will be distributed at the end of the distribution period. Distribution may be slightly delayed due to data processing. You can view your LaunchX income and expenses in Assets > Spot account > Spot records.

(Note: If the actual amount of tokens you receive is less than the amount you invested, the unused funds will be released and refunded to your spot account after the distribution ends.)

5. Can I withdraw the committed funds early?

No, once committed, the funds cannot be withdrawn before the distribution period ends.

Closing thoughts

In summary, Bitget LaunchX is a forward-looking token distribution platform that caters to the diverse needs of project owners while leveraging strong security mechanisms, community incentive strategies, and a long-term vision to ensure efficient and fair token distribution.

For projects seeking to stand out in the competitive Web3 space, LaunchX offers a smarter, safer, and more efficient early-stage token distribution solution, empowering projects to launch successfully and achieve sustainable growth.

Subscribe to Bitget LaunchX now!