Bybit Expands Spot Offerings with ByVotes Community-Driven Listings and Rewards

Through its ByVotes mechanism, Bybit, the second-largest cryptocurrency exchange in the world by trading volume, welcomed a wave of prosperous community-led and supported listings in January. The exchange is giving out special rewards for the three recently listed tokens—TOSHI, HAT, and HPOS10I—in their corresponding Puzzle Hunt events in honor of the listings.

The tokens are now listed on Bybit and may be accessed via Convert, Bybit Spot trading, and Spot Grid Trading Bots. Users may purchase and convert them for zero fee using USDT or more than 400 cryptocurrency assets.

  • As the oldest meme coin on the Base network, TOSHI is native to the Meow DAO and represents the BASE mascot, Coinbase co-founder Brian Armstrong’s cherished cat, and the acclaimed creator of Bitcoin. It is a prime example of community governance in the tokenized economy.
  • Bybit customers wishing to access cutting-edge technology will have easier access to the customizable AI agent revolution thanks to the listing of the Top Hat token HAT. It powers the no-code AI agent creation platform, which enables users to design and customize their own AI agents without the need for complex technical knowledge in only a few minutes.
  • Since May 2023, the renowned memecoin HPOS10I has been the first of its kind to combine the wild allure of cryptocurrency with the world of fantasy. It is well-known for the Sproto Gremlins, an NFT collection of 3,333 unique and distinctive manifestations of HPOS10I’s egregore, and its active community.

Spot Listing Perks

According to their voting success, ByVotes users who saw their projects through to completion have split the respective prize pool. Additionally, extra distinctive Bybit Spot rewards are included with every listing.

Eligible Bybit users may participate in the TOSHI Puzzle Hunt and the HPOS10I Puzzle Hunt until January 31 for a chance to win up to 600 HPOS10I or 1,000,000 TOSHI tokens from the total prize pools. Through simple activities like check-ins, deposits, trading, or referrals, users may earn or exchange puzzle pieces to take part.

In addition, additional 18,000,000 HAT are available for grabs during the HAT Puzzle Hunt event, which runs until February 4.

Diversifying Bybit Spot Through ByVotes

In 2024, ByVotes was upgraded, launching six innovative new initiatives and seeing a 300% increase in visits post revamp. Additionally, the platform reported a 200% increase in voters.

Community innovation and improved relationships between new initiatives and their backers are two advantages of the ByVotes platform. It provides a creative substitute for Bybit’s token listing decision-making process, enabling its users to contribute to the growth of Bybit Spot’s offerings through popular vote. Early backers can also benefit from pre-listing rewards and airdrops through the ByVotes prize pools.

To get a head start on supporting more upcoming projects that promote creativity and innovation in the Web3 and blockchain space, users can visit ByVotes.

Source: https://thenewscrypto.com/bybit-expands-spot-offerings-with-byvotes-community-driven-listings-and-rewards/