Bybit is set to list SLG, the governance token of Land of Conquest, on Bybit Launchpad 2.0.
Bybit, one of the fastest-growing cryptocurrency exchanges in the world, announced on Monday, July 11th, that it will list SLG, the governance token of Land of Conquest, on Bybit Launchpad 2.0.
In a press release shared with Cryptowisser, Bybit said its platform would host the initial exchange offering (IEO) for SLG. The token will be available on the Bybit Launchpad 2.0, which is the exchange’s revamped platform for groundbreaking blockchain projects.
Furthermore, the team added the full spot listing of the SLG token would be on July 19. Bybit said it would list a host of Web3 initiatives on its platform in addition to the SLG token.
With Bybit Launchpad 2.0, investors can gain early access to some of the promising tokens in the cryptocurrency space. Users can use their BIT tokens to subscribe to token allocations or participate in Launchpad 2.0's new lottery model, which permits users to stake a certain amount of USDT stablecoins to be able to win allocations of new tokens.
Bybit users also have the option of purchasing the best-performing tokens from previous listings via Launchpad.
According to Bybit, Land of Conquest is a soon-to-be-released play-to-earn Massive Multiplayer Online Simulated Life Game (MMOSLG). The development team behind the Land of Conquest game has more than a decade of experience in the gaming sector.
Bybit wrote that;
“Thousands of players will interact and play the game together in a variety of semi-realistic ways as an MMO simulated life game. The game takes place in an apocalyptic wasteland where players can build their own bases, produce goods, train heroes, and battle other players' characters as well as hostile NPCs. SLG, the game's native token, can be obtained through in-game and on-chain transactions.”
The Land of Conquest project has raised funds from some prominent venture capital firms, including Mirana Ventures, PopFun, CCV, C2, and New Start Ventures. The play-to-earn game is expected to launch in the fourth quarter of 2022, while the native token, SLG, will debut exclusively on Bybit.
In addition to listing on the Bybit Launchpad 2.0, the Bybit NFT Marketplace will also collaborate with Land of Conquest to launch its first NFT mystery box on July 15. Nonfungible tokens will be essential within the Land of Conquest gaming world as they would be used to represent multiple important in-game assets, including land, heroes, and mechs, which provide bonuses used to strengthen the players' fortresses.
Bybit was launched in 2018 and is one of the fastest-growing cryptocurrency exchanges in the world right now. As a professional platform, Bybit trading fees are amongst the most competitive in the industry.
Bybit reviews in the cryptocurrency space have been mostly positive as the exchange has an ultra-fast matching engine, excellent customer service and multilingual community support.
Similar to some leading crypto exchanges like Crypto.com and FTX, Bybit has made headway in the sporting world. Bybit is currently a partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.