Taiko (TAIKO) is a Layer 2 scalability solution for Ethereum. The network is designed to be the leading rollup for Ethereum. Taiko offers developers and users an optimal entry point and a high level of security, which will help it become the primary tool for addressing scalability challenges.

• Token: Taiko (TAIKO)
• Total Supply: 1,000,000,000 TAIKO
• Allocated for ByStarter: 2,000,000 TAIKO (0.2% of total supply)

Project Website | Whitepaper | Analysis by Bybit | Rules | FAQ

How to participate

Here's a step-by-step guide on how to participate in Bybit Spot X ByStarter projects.

Terms

The Taiko (TAIKO) token launch will take place on ByStarter! Stay ahead of the game — get tokens before listing from the pool of 2,000,000 TAIKO at a special price.

All Bybit users can participate in this subscription. Subscription is available for both the Retail Pool and the Whales Pool.

Event Schedule

Our participation

We're interested in the #1 sale option (Retail Pool). ByStarter is kind of similar to Launchpad. There's a random deposit range from $100 to $440 depending on your VIP level, there's a guaranteed token allocation but with a $10,000 deposit, and you'll get the tokens right away, 33% initially and 33% over the next two 2-month periods.

If your ticket is a winner, they'll buy TAIKO tokens for you at $2 per token for the entire staked amount. If not, they'll just refund the money to your balance. After listing, you sell your coins, usually for a few Xs or more, based on examples from launchpads and IDOs, but we're participating in this event for the first time.

We entered with a $200 deposit on 4 accounts. Register and get verified (if it's your first time). Deposit $100 to $200 USDT into your balance. If you're not a VIP, $200 is the max. Go to Trade > Spot X > By Starter. In option 1, click Lock and answer YES to all questions. Enter up to $200 and click Confirm.

Our results

We got lucky :), managed to get 2 out of 4 tickets. For 200 USDT, we received 100 TAIKO tokens, and on the listing, we were able to sell them for $250, so with two accounts, it was  +$100. As usual, the listing price got pushed down, but after some time, it went back up to around $3, and then we could have sold for almost +$100 profit from a single account.