BYBIT announces TAP FANTASY (TAP) now on Their Launchpad

 



They're excited to announce that their latest project, Tap Fantasy (TAP), is now live!

About Tap Fantasy
Tap Fantasy is a free-to-play MMORPG that runs on the blockchain. The Tap Fantasy game offers over 200 roles with NFT skins in a play-to-earn mode. Players can freely explore the open world and build their own metaverse!


Token Details:
  • Name: TAP
  • Total Supply: 1,000,000,000 TAP
  • Total Allocated to Bybit Launchpad: 7,500,000 TAP ( 0.75 % of the Total Supply)
  • Cap Per User: 8,750 TAP
  • Price: 1 TAP = $0.04 (exchange rate between BIT and TAP will be confirmed when the subscription period starts)
  • Format: Multiple subscriptions supported
  • Committed Token: BIT only

How does it work?
  • Snapshot Period: 12AM (midnight) UTC on Feb. 17, 2022 to 11:59PM UTC on Feb. 21, 2022
Over this five-day period, the daily average BIT balance in your Spot Account, ByFi Account, and Derivatives Account will be automatically recorded through hourly snapshots. Your BIT balance snapshot of the current day will be updated at 3:00AM UTC on the next day.

The five-day daily average BIT balance in your Spot Account, ByFi Account, and Derivatives Account will determine the maximum amount of BIT you can commit towards the Tap Fantasy (TAP) project — so 👉top up your BIT balance now!

For more Information 👉 Click Here

  • Subscription Period: 3:30AM to 10:59AM UTC on Feb. 22, 2022
You must click on the "Commit Now" button to commit a certain amount of BIT to the new project during this subscription period.

Please note that the amount of BIT you've committed will be locked and cannot be accessed for transfers, withdrawals, or trading until after the final TAP distribution.

  • Distribution Period: 11:00AM to 11:59AM UTC on Feb. 22, 2022

Your final TAP allocation amount = (the amount of BIT you've committed / total amount of BIT committed by all participants) * total amount of TAP allocated for the project.

Based on your final TAP allocation result, the corresponding BIT equivalent will be deducted from your committed amount, while your TAP allocation and the remaining BIT will be credited back to your Spot Account.

Please note that the maximum amount of TAP you can receive is capped at 8,750, and the amount that exceeds the limit will be allocated to participants who haven't reached this hard cap yet.

  • Launch Period
The new spot pair, TAP/USDT, will be live for trades at 12:00PM (noon) UTC on Feb. 22, 2022, if liquidity conditions are met.


Ready to gear up for the project? Here're two things you can do right now:
  1. Deposit or transfer BIT to 👉your Bybit account
  2. Mark your calendar for the subscription period 
Terms & Conditions
  • You must complete the KYC L1 requirement or business verification to be eligible for the event. Users from restricted countries are not allowed to join the event. Please log in to your Bybit account and click here to complete the KYC verification.
  • The BIT balance in your Spot Account, ByFi Account, and Derivatives Account will be counted during the snapshot period. Please note that only your BIT balance and BIT staked in the Launchpool and Flexible Staking will be automatically counted in the snapshot of your ByFi Account. BIT staked in other products on the ByFi Center (e.g. Dual Asset Mining) will not be included. Your BIT balance snapshot of the current day will be updated at 3:00AM UTC on the next day.
  • During the subscription period, if you’ve staked BIT in the Launchpool and Flexible Staking, please unstake first by heading to "ByFi Order" under "Orders & Trades" and manually transfer it to the Spot Account. If you hold BIT under the ByFi Account or Derivatives Account, please manually transfer BIT to the Spot Account.
  • The minimum amount of BIT you can commit is 50.
  • The daily average amount of BIT in your Spot Account, ByFi Account and Derivatives Account from 12AM (midnight) UTC on Feb. 17, 2022, to 11:59PM UTC on Feb. 21, 2022, must be equal to or greater than 50 and will be rounded up to the nearest integer.
  • Subaccounts are not eligible for the event. The amount of BIT under the Subaccounts will be counted towards the Main Account.
  • Bybit reserves the right of final interpretation of this event. If you have any questions, please contact our customer service.

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