Dear BitMart Users,

BitMart is thrilled to announce the launch of "Launchpad". BitMart will feature new projects and present users with more investment opportunities.

What is the Launchpad?

BitMart Launchpad is a feature that offers users the opportunity to win the lot for purchasing IEO tokens. By holding BMX tokens prior to the event date, user will acquire tickets to win the lot. 

Types

There will be two types: single ticket & multi-ticket, subject to featured projects.

a. Single Ticket:

Qualified users will have only 1 lottery ticket to participate in the activity. User participates with up to 1 ticket.

b. Multi-Ticket:

Qualified users can have multiple tickets to participate in the activity. the number of tickets is subjected to the specific period of average BMX holdings prior to the event date.

Features

• All projects will be strictly evaluated before being qualified for listing on Launchpad.
• Providing a highly-simplified way for users to participate.
• Offering a discounted price (lower than the market price) for users (buyers) refer to different projects' requirements.
• As a commitment from the project owner, the token price will not be falling below the initial listing price within the first 72 hours after its listing. Or, all the amount will be refunded to users (buyers).

How to Participate?

1. [Launchpad] can be accessed by clicking on the [Launchpad] section under "Markets".

a. on PC:

b. on Mobile Apps:

2. There are 4 steps in total:

Step 1. Qualification Period: 

By holding BMX tokens prior to the event date, users will gain ticket(s) to participate in the event. Different projects may have various ticket redemption requirements.

Step 2. Participation Period:

Once users have gained the lot ticket, users can decide the amount of tickets to participate in the lottery draw at their discretion and the corresponding assets will be locked.

Step 3. Calculation Period:

The system will compute and finalize the winner list.

Step 4. Announcement & Distribution:

On completion of step 3, the announcement will be made. BitMart will deduct the corresponding assets and unlock the rest. Token distribution will be completed within 24 hours.

Other Explanations

1. For details about any upcoming project listings/promotions/events held on the Launchpad, please be subjected to corresponding official announcements.
2. Selected projects will be available on the Launchpad soon. Stay tuned!

3. BitMart reserves the right in its sole discretion to amend, change or cancel this announcement at any time and for any reasons without prior notice.

Thanks for your support! Hope you love our new feature!

BitMart Team

Jan. 27, 2022