Galaxis is a tech company behind the revolutionary loyalty solution for communities to create and manage their unstoppable communities. The Galaxis community management platform with built-in economics gives users sustainable engagement without third-party involvement - CoinMarketCap Incubator.

• Token: GALAXIS
• Price: 1 GALAXIS token = 0.00333 USDC
• Allocated for IDO on Bybit: 60000000 GALAXIS (50% of total max supply)

Project Website | Whitepaper | Twitter | Discord | Telegram

How to participate

Here is a step-by-step guide on how to participate in Bybit Web3 IDO projects.

Terms

Be the first to receive exclusive token discounts. All participants have an equal chance to win token allocations. Holders of winning tickets can claim the IDO tokens (denominated in USDC) allocated using USDC from their Bybit Wallet.

• To participate in IDO projects on Bybit Web3, participants' Bybit Wallet balance must be no less than the required asset amount.
• Participants do not need to complete KYC verification on the Bybit account used.
• To claim the IDO tokens allocated, participants need to have sufficient funds to pay the on-chain gas fee (gas fee amount may vary depending on network conditions).
• Bybit reserves the right for final interpretation of the terms and results of this event. Please contact our Customer Support if you have any questions.
• Update the Bybit app to at least version 4.14.5.
• Subaccount registration is not supported for IDO, it is recommended to switch to the main account and join.
• Bybit reserves the right to disqualify the participation of any individuals found engaging in unfair or fraudulent activities during the event, including mass account registration for extra benefits and any other actions with illegal, fraudulent purposes.
• To be eligible for IDO token allocation, all snapshot requirements set for each IDO project must be met. Please refer to the respective IDO project announcement for detailed snapshot requirements.
• Disclaimer. The project information and data presented above are taken from public sources and provided for informational purposes only.

IDO Schedule

• Subscription Period 05-03 13:00 - 05-07 13:00 UTC

  To participate in this IDO project on Web3, users need to have at least 300 USDC (Ethereum network) in their Bybit Wallet, and register before the end of the subscription period.

  How to Deposit and Withdraw Using Bybit Wallet (Web3)

• Snapshot Period 05-07 13:00 - 05-10 13:00 UTC

  Hold min. 300 USDC (Ethereum network)

  During the snapshot period from 05-07 13:00 UTC to 05-10 13:00 UTC, up to three (3) snapshots will be taken per day.

  If the required amount is not in the wallet at the time of the snapshots, the participant will be disqualified.

• Distribution Period 05-10 13:00 - 05-10 13:15 UTC

  The Bybit Web3 IDO utilizes a smart contract for random ticket selection, ensuring equal chances of token allocation for all tickets. More details are available in our guide.

  How to Participate in Bybit Web3 IDO

• Claim Period 05-10 13:15 - 05-11 13:00 UTC

  During this period, participants with winning tickets need to claim their allocated tokens.

Our participation

We'll participate with 4 of our accounts and complete one task to get 2 additional tickets each (make an exchange of $1000 within the wallet, doing it through the MANTLE network since the fees are tiny, USDT to USDC and back). The only costs here are the fees for transferring funds within the exchange to the Bybit Wallet or from any personal wallet to the created wallet on the exchange.

After the draw is over, we'll share our results, but the chances of success are slim here since there will be many participants, plus some create 50-100 or more accounts. But if luck is on your side and you get a winning ticket, the profit can be substantial.

Give it a try, you don't really lose anything by participating, just small fees. We don't withdraw any funds from the Bybit exchange wallet across different networks to avoid paying fees back and forth, and instead participate in new events and make exchanges within the wallet to get additional tickets.

Our results

None of our tickets were winners. But for those who got lucky, one winning ticket with 100 USDT will get around $200. Just two times the amount, but still not bad, considering the minimal costs and you could say there's no risk. The final profit depends on the selling price, you can dump the coins right away or hold them further.