Bybit Web3 Announces Upcoming IDO for LayerNet, a Pioneering Telegram-Based Play-to-Earn Game
In a groundbreaking announcement, Bybit, the renowned Web3 platform and the second-largest in the world by trading volume, has unveiled plans for an Initial DEX Offering (IDO) for LayerNet ($NET). This marks Bybit Web3’s inaugural IDO following the successful overhaul and launch of its IDO 2.0 framework, boasting an innovative refund policy and enhanced game and reward mechanisms.
Introducing LayerNet: The Game Changer in Telegram Gaming
LayerNet emerges as a revolutionary concept, introducing a gaming layer seamlessly integrated with Telegram. The platform’s flagship, Netcoin, spearheads this innovation, offering a play-to-earn (P2E) game that pits users against AI in competition for rewards. Central to the LayerNet ecosystem, the $NET token facilitates in-game transactions and functions, underpinning the economy of this vibrant digital domain.
“Our vision with LayerNet is to forge the Gaming Layer within the TON ecosystem, delivering an unmatched gaming experience,” explained Alex, the Chief Operating Officer of LayerNet. He further elaborated on how Netcoin serves as the forefront of this gaming revolution, enabling users to garner points and rewards through straightforward, engaging activities. “NetCoin is merely the beginning,” he added, outlining ambitions to expand the LayerNet universe by establishing an L2 network for TON and creating a software development kit (SDK) for game creation. This development aims to weave TON blockchain’s capabilities more intricately with Telegram’s extensive user base and gaming ecosystem.
A New Era of Decentralized Openness with Bybit Web3
Bybit Web3 is pioneering a new wave of openness in the decentralized realm, championing a vision of simplicity, transparency, and equality. With a commitment to fostering a thriving environment for builders, creators, and partners in the blockchain space, Bybit Web3 is a beacon for both seasoned crypto enthusiasts and newcomers. Boasting over 10 million wallet users and a robust partnership network, Bybit is on a mission to democratize access to Web3 resources.
This commitment extends to Bybit Web3’s holistic range of products, designed to streamline the experience of accessing, exchanging, and managing Web3 assets. Supported by the security and depth of knowledge that positions Bybit as a top-tier global cryptocurrency exchange, these services cater to the needs of a vast user base of 33 million individuals worldwide.
About Bybit
Since its inception in 2018, Bybit has ascended to become the world’s second-largest cryptocurrency exchange by trading volume, dedicated to delivering professional, reliable services to a global audience of over 33 million users. Bybit distinguishes itself with its ultra-fast matching engine, round-the-clock customer support, and a vibrant multilingual community. Known for its partnership with the Oracle Red Bull Racing team, Bybit cements its status as a titan in the crypto exchange domain, committed to innovation and excellence in the burgeoning field of Web3.
As the digital horizon continues to expand, Bybit Web3 and the forthcoming LayerNet IDO stand as a testament to the evolving landscape of gaming and blockchain technology. Joining this revolution provides an open door to the future of Web3, an invitation to be at the forefront of digital innovation.
