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Bitget Announces Panda Farm (BBO) Token Sale on Its Relaunched Launchpad Platform – Press Release Bitcoin News
press release
PRESS RELEASE. Victoria, Seychelles, 16 February 2023 – Bittenthe world’s largest cryptocurrency 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 running on Arbitrum will launch on Bitget Launchpad on February 16th. A total of 1,000,000 BBO Utility Tokens will be offered for purchase.
Bitget’s Launchpad was originally introduced in February 2022 and as of now it has launched five early-stage projects with an all-time-high (ATH) return of 29X in the first week of listing. Launchpad was put on hiatus since June 2022, but it is relaunched today for Bitget’s confidence in new selected tokens and the continued mining of the crypto market.
As Arbitrum’s first GameFi project, Panda Farm aims to build a complete on-chain gaming metaverse. Users can cash in on the prize pool while participating in each game and contest. The first game from Panda Farm is Foodies Competition, and more games are expected to arrive in the coming months.
Bitget users who have a minimum holding of 100 BGB tokens, the native token of Bitget, will be eligible for the token sale on Launchpad. Allocation is determined by the amount of BGB that each user has. After the token sale, the trading service of BBO will open on the Bitget spot market 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 cryptocopy trading, we are strongly building our spot market this year, in terms of variety of coins, activities and general liquidity. We’re excited to support several early-stage blockchain-based projects that can have a real impact on the crypto space, and we’re excited to partner with Panda Farm to bring a more innovative Web 3 experience.”
“We are excited 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 wider range of investors and users. We look forward to work with Bitget to create value for our respective communities.” says William, community contributor to Panda Farm.
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 last seven days.
About Bitget
Bitten, established in 2018, is the world’s leading cryptocurrency exchange with innovative products and social trading services as key features, currently serving over 8 million users in more than 100 countries around the world. Committed to providing a secure, one-stop trading solution to users, the exchange aims to increase crypto adoption through collaboration with credible partners, including legendary Argentine soccer player Lionel Messi, leading Italian soccer team Juventus, and official eSports organizer PGL.
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