Poloniex's TYT LaunchBase: 9 Times Oversubscribed, TYT Opens with a 197% Increase
Singapore
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March 07, 2024 11:08 AM Eastern Standard Time
Recently, the public sale of TYT on Poloniex LaunchBase concluded with a ninefold oversubscription. TYT was listed at 10:00 (UTC) on March 6, and recorded a maximum increase of 197% after the opening of trading. According to statistics, the TYT LaunchBase attracted 1,339 participants, who collectively subscribed to TYT tokens totaling 273,015 USDT. This offering issues 30,000 TYT tokens, priced at 1 USDT per TYT. This LaunchBase event adopts a subscription model, and all users are eligible to participate.
Poloniex LaunchBase is a platform in the Poloniex ecosystem that helps projects bring their tokens to launch. To ensure a successful launch, the Poloniex team will offer tailored advisory services, covering the entire process from pre-launch preparations to post-listing support, as well as marketing assistance. This empowers projects to prioritize product development and growth, while Poloniex supports them with the token pre-launch sale, marketing exposure, and user base expansion. Launching via Poloniex LaunchBase offers a host of benefits, such as exposure to a vast global user base, robust liquidity in multiple trading pairs, broad token distribution, and potential synergies with projects within the Poloniex ecosystem.
Bounty Temple is the project for this phase of Poloniex LaunchBase. It's been reported that Bounty Temple is the first P2E-Evolution GameFi project launched by Orasis Studio. The project aims to launch 100 P2EE games using the same governance token $TYT. Bounty Temple endeavors to address critical pain points of the GameFi industry by offering bear-proof stability solutions, thereby providing a novel experience and reshaping the gaming industry.
Poloniex is committed to providing users with a safer and more efficient trading experience, thus contributing to the development and widespread acceptance of the crypto market. Moving forward, Poloniex LaunchBase will continue to unveil top-tier projects, offering users worldwide more investment opportunities.
About Poloniex
Poloniex is a pioneering crypto trading platform that has been at the forefront of the industry since its inception in 2014. With a commitment to trust and transparency, Poloniex has grown alongside its users, offering world-class trading and security. As one of the first exchanges to list Tether and Ethereum, as well as altcoins like Ethereum Classic and Zcash, Poloniex became the largest altcoin exchange by volume in 2017, supporting over 100 countries.
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