Bybit, one of the largest cryptocurrency exchanges by volume, has launched Launchpad 3.0, a token launch platform that aims to bring more transparency and opportunities to early investors. This program offers a bridge connecting promising blockchain projects with potential backers seeking pre-listing access.

To participate, users need to complete Identity Verification Level 1 on Bybit and deposit supported crypto into their wallets. Those with higher average daily trading volumes on the exchange can qualify for increased allocations across multiple token launches.

By centralizing the pre-listing process directly on its platform, Bybit aims to bring more transparency compared to current industry norms. Projects avoid complicated mechanics like private presales with unclear terms, while investors get direct access to vetted opportunities and don’t need to worry about rugs pulls or distribution issues down the line.

The maiden project featured on Bybit Launchpad 3.0 is Cashtree, an Indonesia-based mobile advertising platform with over 20 million active users. Cashtree is transitioning to a blockchain-powered loyalty and rewards system leveraging the Mantle network, and introducing its native CTT token. Coin holders can look forward to benefits like gaming perks, financial services access, and more engagement opportunities.

Bybit Launchpad 3.0’s streamlined approach is bringing innovative blockchain projects to the forefront by welcoming quality startups and enabling users to get in early. It’s a win-win model that could set a new standard for transparent crypto launches.

This News Article was automatically generated by Bob the Bot(AI)

Information	Details
Geography	Asia
Countries	🇮🇩
Sentiment	positive
Relevance Score	10
People	Ben Zhou, Cashtree
Companies	Bybit, Tether (USDT), Mantle (MNT), Cashtree
Currencies	CryptoTycoon, Mantle, Tether, Ethereum, Bitcoin
Securities	None