Bybit Launches Native Token Sale Platform ByStarte
Bybit, the third-most-frequented cryptocurrency exchange in the world, announced the launch of its token sale platform, known as ByStarter, coupled with its initial project, known as Sui, on April 17, 2023.
According to material provided to Finbold by the platform on April 17, ByStarter is a significant advancement in Bybit’s efforts to offer the Web3 community cutting-edge opportunities. Particularly, it’s a token sale platform with a whitelist and vesting schedule that links investors with prospective Web3 projects, improving the possibility of financial return.
The sale of the SUI token will be handled by one of only three cryptocurrency exchanges in the world, Bybit. Whitelisted users of Sui may prove their eligibility by registering their Bybit UID on the Sui website. Tokens will be distributed as soon as the subscription period is over.
(With inputs from Shikha Singh)
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