Bitget Launchpad offers BGB holders exclusive early access to promising blockchain projects
Victoria, Seychelles, Feb. 16, 2023 — Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm, the first completely decentralized GameFi project running on Arbitrum, will launch on Bitget Launchpad on Feb. 16. A total of 1,000,000 Panda Farm (BBO) utility tokens will be offered for purchase.
Bitget Launchpad was introduced in February 2022, launching five early-stage projects since then, with an all-time high return of 29x in the first week of listing. Launchpad has been on hiatus since June 2022, but it is relaunching today, with Bitget’s confidence in new, select tokens and the sustained recovery of the crypto market.
As Arbitrum’s first GameFi project, Panda Farm aims to build a fully on-chain game metaverse. Users can profit from the prize pool while participating in each game and competition. The first game from Panda Farm is the Foodies Competition, with more games expected to come in the following months.
Bitget users with a minimum holding of 100 Bitget Tokens (BGB) — Bitget’s native token — will be eligible for the token sale on the launchpad. Allocation is decided by the amount of BGB held by each user. After the token sale, trading services of BBO on the Bitget spot market open on Feb. 20.
Gracy Chen, managing director of Bitget, says, “The relaunch of Bitget Launchpad is another major step in our Go Beyond Derivatives strategy. As a leading player in crypto derivatives trading and crypto copy trading, we are heavily building up our spot market this year in terms of the variety of coins, activities and overall liquidity. We are happy to support more early-stage blockchain-based projects that can make a real impact in the crypto space, and we are excited to partner with Panda Farm to bring a more innovative Web3 experience.”
William, a community contributor to Panda Farm, said, “We are thrilled to announce our partnership with Bitget. Our goal is to provide an innovative and immersive gaming experience to our users, and this partnership will help us expand our reach to a broader range of investors and users. We are looking forward to working with Bitget to create value for our respective communities.”
According to CoinMarketCap, Bitget is now the 12th largest crypto spot exchange, with over 430 coins and 560 trading pairs. Driven by the growth of the Bitget spot market, with over 20 new listings this month, the price of BGB has seen an increase of over 100% in the past seven days.
Bitget, established in 2018, is the world’s leading cryptocurrency exchange with innovative products and social trading services as its key features, currently serving over 8 million users in more than 100 countries around the world. The exchange is committed to providing a secure, one-stop trading solution to users and aims to increase crypto adoption through collaborations with credible partners, including legendary Argentine footballer Lionel Messi, the leading Italian football team Juventus, and official esports events organizer PGL.