Press release
PRESS RELEASE. Victoria, Seychelles, February 16, 2023 – bitgetThe world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising early-stage blockchain projects. Panda Farm (BBO)the first fully decentralized GameFi project to run on Arbitrum, will launch on Bitget Launchpad on February 16. A total of 1,000,000 BBO utility tokens will be offered for sale.
Bitget Launchpad it was initially filed in February 2022 and as of now has launched five early-stage projects with an all-time high return (ATH) of 29X in the first week of listing. Launchpad has been put on hiatus since June 2022, but will be relaunched today due to Bitget’s confidence in new and selected tokens and the sustained recovery of the crypto market.
As Arbitrum’s first GameFi project, Panda Farm aims to build a fully on-chain gaming metaverse. Users can earn prize pool profits while participating in every game and competition. The first Panda Farm game is Foodies Competition, with more games expected to arrive in the coming months.
Bitget users who have a minimum possession of 100 BGB tokens, Bitget’s native token, will be eligible for the token sale on Launchpad. The allocation is decided by the amount of BGB each user owns. After the token sale, the BBO trading service on the Bitget spot market opens on February 20.
Gracy Chen, CEO of Bitget, says: “The relaunch of Bitget Launchpad is another important step in our Go Beyond Derivatives strategy. As a leading player in crypto derivatives trading and crypto copy trading, we are building our spot market strongly this year, in terms of coin variety, 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 Web 3 experience.”
“We are delighted to announce our partnership with Bitget. Our goal is to bring 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 look forward to working with Bitget to create value for our respective communities.” says William, a Panda Farm community contributor.
According to Coinmarketcap, Bitget is now the 12th largest crypto spot exchange with more than 430 coins and 560 trading pairs. Fueled 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 last seven days.
About Bitget
bitget, established in 2018, is the world’s leading cryptocurrency exchange with innovative products and social trading services as key features, currently serving more than 8 million users in more than 100 countries around the world. The exchange is committed to providing a secure and unique trading solution for users and aims to increase crypto adoption through collaborations with trusted partners, including legendary Argentine soccer player Lionel Messi, leading Italian soccer team Juventus, and organizer official PGL esports events.
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