MEXC Will Launch the First Session of Launchpad with CropBytes (CBX)

Dear Users:

The 1st session MEXC Launchpad is launching! Unique space for potential future, exclusively for MX holders. The project for this session is CropBytes (CBX). 

MEXC Launchpad provides users worldwide with a low-cost opportunity to invest early in project tokens. MEXC Launchpad, exclusively for MX Holders.

Participation link for CBX:

MEXC Launchpad：https://www.mexc.com/launchpads/assessment

Project Introduction

CropBytes has been growing its crypto gamer community since 2018. CropBytes farming is based on sustainable economics like the real world. Gamers love the farming and strategic business challenges to play and grow their crypto farm. In this metaverse, gamers own farms, grow crops, raise animals and produce goods to grow their crypto farm. CBX utility token is an integral part of the growing CropBytes metaverse, and is linked to all in-game activities. 

CropBytes was founded with a vision to drive the creation of real value for gamers around the world in the form of virtual currency. We believe that second life gaming will be a source of income for millions of people on the metaverse.

Project Highlights

• The fundamental innovation in the game is the Balanced Economy which sets CropBytes apart from all the crypto games in the market today. 
• There is a healthy mix of Fungible Tokens(FT) & Non Fungible Tokens(NFT) while most other games today are focused on NFTs only. This solves multiple issues around liquidity, high frequency trades, low friction trades which ultimately grows the market cap of the game.
• CropBytes game community is a 3-year old strong community of active players and is one of the few established Crypto games to be available on Playstore, Appstore and Web.

Project Links

Project name: Cropbytes (CBX)

Official website: cropbytes.com

Total Supply: 500,000,000 CBX

Twitter: https://twitter.com/CropBytes

Telegram: https://t.me/ccropbytes

Discord: https://discord.com/invite/DneGcTNFUR

Reddit: https://www.reddit.com/r/CropBytes_Crypto_Game/

Medium: https://medium.com/cropbytes

Whitepaper

Total Supply and Token Allocation

MEXC will list CropBytes (CBX) in the Innovation Zone and open trading for the CBX/USDT trading pair. The specific timeline is shown below.

• CBX/USDT Trading: 12:00, November 5  (UTC)

Launchpad Timeline for CBX

MX Position Snapshots 

16:00, October 30th 2021- 15:59, November 4 (UTC)

Note: The “Warming up” period will be used to explain the rules on participating in the MEXC Launchpad activity. During the holding period, MEXC will take snapshots at random moments over each day, users can increase their MX holdings to acquire more lots. At the same time, should a user decrease their MX holdings, it may decrease the amount of potential rewards.

Lucky Draw

In this session of MEXC Launchpad, a Lucky Draw format will be adopted. MEXC will count the MX tokens in your exchange account (both locked and available) to calculate the average daily MX position. The specific timings and details are as follows:

1. Lucky draw time: 16:00, November 4 2021 - 02:00, November 5th (UTC).

2. Lucky draw result announcement: 04:00, November 5 2021 (UTC)

3. Asset Deduction Time: 08:00, November 5th 2021 (UTC)

4. The token price and quantity for this activity:

Token activity quantity: 3,000,000 CBX

The sale price: 0.10 USDT

5. User’s average MX token holding amount is used to determine how many tickets a user can get. Snapshots will be taken randomly multiple times over each day. The details are below:

Token allocation per ticket: 500 CBX
Total number of tickets: 6000

The process of Lucky draw:

1. Eligibility for draw: This lucky draw will be set up based on a MX holding round. Users who hold MX for 5 days before the day of the draw (16:00 October 30 - 15:59 November 4 (UTC)) are able to win up to tickets if they meet the corresponding requirements.

2. Ticket-claim time: 00:00, November 2 -- 00:00, November 5 (UTC)

Please note that the ticket number ranges from 00001 to 99999. Users can draw a number of tickets based on the draw order. Each user can get multiple tickets. The system will allocate based on the time of drawing, and each account will be allocated tickets based on the lowest amount of MX holding in the 5 days.

3. Draw results will be released at 04:00 (UTC), November 5. Participants can visit the MEXC Launchpad page to check if they are holding on to any winning tickets.

4. Settlement time: MX will be used for the exchange of the CBX token that the participants have won. The system will deduct the MX from the winners' account at 10:00 (UTC), November 5. Therefore, winners shall have enough MX balance (except the frozen MX) to exchange CBX tokens before the specified time. Otherwise, it will be deemed that the participant voluntarily forfeits participation rights.

• The amount of MX to be deducted for MX Round= (Number of winning tickets *CBX*0.1USDT) / MX average price

The average price of MX will be the average closing price from October 30, based on the UTC 8 timezone, to November 5.

5. Draw method: Users draw independently and win the lot randomly. After the user wins, the system will automatically complete the asset exchange. Click the "Draw" button to agree to the asset exchange.

How to participate:

Lucky draw - Register to participate in the lucky draw. If you win the tickets, the system will automatically deduct your assets and distribute tokens in accordance with the rules.

How to Participate in the First MEXC Launchpad - CropBytes (Website & App)

Join ticket-claim at: 

MEXC Launchpad: https://www.mexc.com/launchpads/assessment

Terms & Conditions

1. To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be frozen. The MX that is frozen during the event period will not be withdrawable or traded. Please participate at your own discretion.

2. The holding round is only limited to users with “Available” MX in their spot wallets, and will not factor in “Frozen” MX. Users who participate in the MX DeFi during the event period cannot participate in the holding round of MEXC Launchpad.

3. Users must complete KYC to participate in this event.

4. MEXC reserves the right to interpret this event at our sole discretion.

5. Special Reward: 500 users who hold more than 1,000 MX and participated in this session of Launchpad will be selected at random to receive a 10 USDT Futures Bonus, the rewards shall be airdropped to the respective winners within 7 working days upon the completion of this event. (Note: Users must open their Futures Account before the event ends to be eligible to receive the Futures Bonus reward.)  

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

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https://www.mexc.com/invite

Enjoy trading on MEXC

The MEXC Team,

28 October 2021