Now Live: DECHAT (DECHAT) on Bybit Web3 IDO

We're excited to announce that our latest IDO project, DECHAT (DECHAT), is now live!

About DECHAT

• Token: DECHAT
• Price: 1 DECHAT Token = 0.55 USDT
• Total Allocated to Bybit IDO: 90,909 DECHAT (0.36 % of the total max supply)

Project Description

Product & Multi-Chain Inscription Market: DeChat's core product, a decentralized social networking platform, is set to launch the first multi-chain inscription market. This market will enable users to engage in inscription transactions across different blockchain networks, significantly expanding the scope and versatility of user interactions.

Website | X (formerly Twitter) | Discord

How It Works

• IDO Subscription Period: Feb 19, 2024, 10AM UTC to Feb 23, 2024, 10AM UTC .
• Snapshot Period*: Feb 23, 2024, 10AM UTC to Feb 26, 2024, 10AM UTC .
• IDO Lottery Draw: Feb 26, 2024, 10AM UTC .
• Smart contracts will randomly select 250 winners who subscribed for the IDO.
• Reveal and Purchase Period: Feb 26, 2024, 10AM UTC to Feb 27, 2024, 10AM UTC
• During this period, participants can reveal whether they have won a winning ticket. Once the winning tickets have been revealed, users will be able to purchase 200 USDT worth of tokens.
• Listing: DECHAT/USDT will be listed on Bybit Spot on Feb 26, 2024, 10AM UTC .

*Note:

• Users must own a Bybit Wallet with a balance of at least 250USDT + 0.1BNB (BNB Chain) to be eligible for IDO participation. Failure to maintain this balance during the Snapshot Period will result in ineligibility.
• Three (3) snapshots will be taken per day during the Snapshot Period.

To learn more about Bybit Web3 IDO, please check out our Help Center.

Terms and Conditions

1. Participants must have a Bybit Wallet with balance of at least 250USDT + 0.1BNB (BNB Chain) to be eligible for IDO participation. Failure to maintain this balance during the Snapshot Period will result in ineligibility.
2. Three (3) snapshots will be taken per day during the Snapshot Period from Feb 23, 2024, 10AM UTC to Feb 26, 2024, 10AM UTC .
3. Identity Verification Lv. 1 is not required for participation.
4. Subaccounts are not eligible for IDO participation.
5. To ensure an optimal Web3 experience on the Bybit App, please upgrade your App to version 4.9.0 or higher.
6. To redeem allocated IDO tokens, participants will need to pay blockchain gas fees which may vary due to network conditions, and redemption will fail if there are insufficient funds.
7. Bybit reserves the right of the final interpretation of this event. If you have any questions, please contact our customer service.
8. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent, or harmful purposes.