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Cryptocurrency News Articles

Xterio Unveils Its Latest Launchpad Initiative Featuring the XTER Token (XTER)

Jan 01, 2025 at 12:21 pm

Bybit, recognized as the second-largest cryptocurrency exchange globally by trading volume, has unveiled its latest Launchpad initiative featuring the Xterio token (XTER).

Xterio Unveils Its Latest Launchpad Initiative Featuring the XTER Token (XTER)

Cryptocurrency exchange Bybit has announced the next project on its Launchpad platform, revealing that Xterio (XTER) will be launching with two stages of rewards for users.

The second-largest crypto exchange by trading volume, Bybit, has unveiled its latest Launchpad initiative featuring the Xterio token (XTER). The platform is extending an opportunity for users to engage with the GameFi economy through a two-stage reward system offering 7,500,000 XTER in prizes.

Subscribers can secure rewards by participating in the subscription period before January 7, 2025, and by completing specific tasks following XTER’s Spot listing on January 8.

Xterio: Merging AI and Blockchain Gaming

Xterio is an AI-powered blockchain gaming platform that operates on the Layer 2 OP Superchain ecosystem. Its innovative approach to integrating gaming with rewards has garnered attention from leading investors and developers. With funding exceeding $80 million, the project is backed by Binance Labs, Makers Fund, DST Global, and more than 70 strategic partners.

During the subscription phase, participants have two primary avenues to earn a share of the 7,500,000 XTER reward pool:

Token Subscription: Users can purchase XTER with MNT, vying for a share of 3,750,000 XTER, with an individual cap of 7,500 XTER.

Lottery Participation: Eligible users can use USDT to enter a lottery for allocations from a separate 3,750,000 XTER pool, with a maximum of four tickets per user.

To qualify, users need a daily average balance of at least 50 MNT or 100 USDT during the Snapshot Period from January 3 to 7, 2025. These amounts must be committed during the Subscription Period, running from 3:30 AM to 8:50 AM UTC on January 8. Token allocations will be finalized by 9:59 AM UTC on the same day.

Additional Rewards and Engagement Opportunities

Beyond the subscription rewards, users can unlock further incentives through two prize pools running from January 7 to 22, 2025:

XTER Token Splash: Participants can complete deposit and trading tasks to access a 300,000 XTER prize pool.

XTER Puzzle Hunt: Users can gather puzzle pieces to unlock another 300,000 XTER prize pool.

These activities aim to boost engagement and reward active participants in the Xterio ecosystem.

Strengthening the Ecosystem with Strategic Collaborations

Xterio’s prominence extends to its strategic partnerships and achievements within the blockchain gaming sector. Recently spotlighted on Bybit Web3’s GameFi SNZ, Xterio secured fourth place among prominent contenders, distributing a 38,000 XTER prize pool to its supporters.

By subscribing to and trading XTER, users gain early access to a rapidly expanding sector that combines blockchain technology and gaming innovation.

Bybit’s Vision for High-Potential Projects

Bybit’s Launchpad serves as a transparent platform for users to participate in promising blockchain projects during their early stages. Designed by blockchain experts, these projects often achieve robust community backing before being listed on Bybit Spot. This strategic approach allows users to benefit from a secure trading environment, deep liquidity, and the exchange’s advanced infrastructure.

The platform’s leadership expressed optimism about the partnership with Xterio, emphasizing the unique opportunity it presents for users to engage in the future of blockchain and AI gaming.

A Step Toward Blockchain Gaming’s Future

By integrating Xterio into its offerings, Bybit is paving the way for a new era in blockchain gaming. With significant rewards, innovative engagement strategies, and a robust platform, the collaboration highlights the potential of GameFi to revolutionize digital economies. Participants in the XTER Launchpad project not only gain rewards but also a chance to be part of a growing ecosystem poised for long-term impact.

News source:www.cointrust.com

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