Another new project (Tap Fantasy (TAP)) is going to be launched on Bybit Launchpad. If you participate in this project in time then you can generate passive income.
If you want to participate in this project, then read the complete information given here. Bybit frequently launches new tokens on its launchpad. And people make a lot of income by participating in it.
Let’s know about the Bybit Launchpad Tap Fantasy (TAP) toke
What is Tap Fantasy (TAP?)
TAP FANTASY is a GAMEFI + Metaverse product. It is an MMORPG blockchain game developed by HTML 5. Players open Tap Fantasy directly on the web page or wallet; they start playing immediately.
TapTap Fantasy became the most popular adventure and role-playing game on FACEBOOK Instant Game. It received two global features; it gained more than 1.5 million game users and nearly 400,000 DAU in less than six months. TapTap Fantasy accumulated more than 20 million users worldwide by the end of September 2021.
How to Participate in Bybit Launchpad TAP FANTASY (TAP)
To participate, you will need to create an account on Bybit and complete your KYC. Click here to create a bybit account.
You have to buy at least 50 Bybit native token BIT in your account from 2022-02-17 00:00 to 2022-02-21 23:59 UTC. Your BIT balance snapshot of the current day will be updated at 3:00 AM UTC on the next day.
Note that sub-accounts are not eligible for the event if you have created a sub-account. The amount of BIT under the sub-accounts will be reckoned in the main account.
Read also: BitMart Launchpad Listing Apreum (APU)
The daily average amount of BIT in your Spot Account, ByFi Account, and Derivatives Account from 2022-02-17 00:00 – 2022-02-21 23:59（UTC） must be equal to or greater than 50 and will be rounded up to the nearest integer.
You can commit a certain number of BIT in your Spot Account towards the new project. To do so, you must click on the “Commit Now” button during this subscription period (2022-02-22 03:30 – 2022-02-22 10:59（UTC）).
The number of BIT you’ve committed will be locked and cannot be accessed for transfers, withdrawals or trading until after the final TAP distribution. Please note that if you’ve staked BIT in the Launchpool and Flexible Staking, head to “ByFi Order” under “Orders & Trades” to unstake your BIT first and then manually transfer it to the Spot Account. If you hold BIT under the ByFi Account or Derivatives Account, please manually transfer it to your Spot Account.
Distribution Period – 2022-02-22 11:00 – 2022-02-22 11:59（UTC）
Your final TAP allocation amount = (the amount of BIT you’ve committed / total amount of BIT committed by all participants) * total amount of TAP allocated for the project. Please note that the max. amount of TAP you can receive is capped at 8750, and the amount that exceeds the limit will be allocated to participants who haven’t reached this hard cap yet. Based on your final TAP allocation result, the corresponding BIT equivalent will be deducted from your committed amount, while your TAP allocation and the remaining BIT will be credited back to your Spot Account.
The new Spot pair, TAP/USDT, will be live for trades at 2022-02-22 12:00（UTC） if liquidity conditions are met.
The TAP Token serves as Tap Fantasy’s DAO governance token, in addition to the regular DAO governance functions.
Total Supply: 1,000,000,000 TAP
Initial Supply: 2% of Total Token Supply
TAp Price: $0.04 (exchange rate between BIT and TAP will be confirmed when the subscription period starts)
Total Allocated for Launchpad: 7,500,000 TAP
Cap per User: 8,750 TAP
Token Vesting Period: No Lock-Up
Token Type: BSC
Token Distribution: During the Distribution Period
TAP FANTASY (TAP) Website: https://www.tapfantasy.io