is a derivatives trading platform has the largest trading volume in the world. The company was founded by Ben Zhou in 2018. Recently, the platform added Spot trading, issued exchange coins () and launch services like Launchpad, Launchpool to compete with other exchanges such as , , ,

Exchanges third project announcement on Launchpad with Genopets (). Users can get tokens through committing an amount () certain, based on the balance daily average (within 5 days from 11/12 to 17/11) on the account .

If you do not have a Bybit account, please register here and KYC to join the program.

What are Genopets (GENE)?

Genopets is a Game Free-to-Play and Move-to-Earn are built on with the goal of helping players have a more active and enjoyable lifestyle. Genopets combines users' step data from their mobile and wearable devices with Play-to-Earn economics. so that players can earn tokens for taking actions in real life and turn it into profits.

New concept “Move To Earn”

Move-to-Play + Play-to-Earn = Move-to-Earn Gaming (Move to Earn).

With a real-life walking pattern to earn in-game currency, Genopets uses data tracked by a smartphone or fitness wearable to elevate Genopet of players in the game.

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Players need to nurture, fight and develop Genopet NFT to increase its value with every step they take in real life, then sell it on the market to other players for profit.

The team coined the concept of "Move-to-Play", which means Genopets convert a player's real-life movement into in-game XP. Genopets replaces traditional sedentary games, mainly keyboard typing, by examining gamers' physical activity during the day. A player's in-game progress will now grow dependent on that person's physical activity, which can be traded as NFTs at market value, creating an NFT gaming experience “Move- to-Play” first in the world.

Investors

Genopets raised $8.3 million in a Seed round to bridge the physical and digital worlds with Move-to-Earn NFT Gaming. Seed round co-led by Konvoy Ventures and Pantera Capital, with participation from , Old Fashion Research, Capital, Xoogler Ventures, Mechanism Capital, Collab + Currency, Spartan Group, Hyper, CMT Digital, Animoca Brands, Alliance, CMS Holdings, Guild Games and GBV Capital and many other investment funds.

Angel investors from the world , gaming and sports also participated, including Prabhakar Reddy (Co-Founder of FalconX), Kevin Lin (Co-Founder of Twitch), John Robinson (President & COO of 100 Thieves), Brian Corrigan (VP and Head of Americas Division. of PUBG Corporation), Keisuke Honda (Japanese Soccer Player) and Melanie Strong, Nike's 19-year veteran executive.

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Token Information

• Name: Genopets (GENE)
• Total supply: 100,000,000 GENE
• Total allocation: 250,000 GENE (0.25% total supply)
• Maximum CAP per user: 500 GENE
• Price: 1 GENE = $ 0.8 (Exchange rate between BIT and GENE will be confirmed before registration time)
• Format: Register
• Token commits: (BIT)

ByBit Launchpad

Snapshot time (snapshot): 7:00 (Vietnam time) November 12 to 06:59 November 17

During this 5-day period, the average daily amount in your account (which can still be staked on Launchpool for interest without taking off) will be recorded via hourly snapshots. The report will be updated at 10:00 every day.

Registration period (Commit): From 15:00 on November 17 to 14:59 on November 18.

You need to click the “Commit Now” button to commit certain BITs to the project during this subscription period. The amount of BIT that can be committed depends on the average daily BIT balance in your account for 5 days. Please note that the amount you have committed will be locked and cannot be accessed for transfer, withdrawal or trading until after token distribution.

Delivery time: From 15:00 on November 18 to 16:59 on November 18.

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Calculation: Allocated GENE = (Number of BITs you committed / total BITs taken by all participants) * Total amount of GENE allocated to the project. Up to 500 GENE per person, no matter how much BIT holding volume (this is beneficial for the fry).

Based on the result of GENE allocation, the equivalent amount of BIT will be deducted from your committed amount, while your GENE allocation and remaining BIT will be returned to Spot account, after which you can keep depositing in Launchpool to receive daily interest.

Listing time: Pair GENE/ will be listed at 18:00 on November 18.

If you do not have a Bybit account, please register here and KYC to join the program.

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