Bybit Announces Listing of Imaginary Ones and $BUBBLE Token
Cryptocurrency platform Bybit is gearing up to list Imaginary Ones’ $BUBBLE token on May 14th, 2024, at 10:00 am (UTC).
This announcement follows a series of achievements, including surpassing 2 million worldwide downloads for its flagship game, Bubble Rangers, and closing an oversubscribed funding round led by Animoca Brands, Polygon Ventures, Cypher Capital, Ed3n Ventures, and MH Ventures.
$BUBBLE listing on Bybit 🫧🫧
— Imaginary Ones | $BUBBLE 🫧🫧🫧 (@Imaginary_Ones) May 9, 2024
BUBBLE/USDT spot trading pair goes live on May 14, 10:00 AM (UTC).
https://t.co/DtOsqcSNdU https://t.co/8eTkZT4YWe pic.twitter.com/2FwcoMbaTK
Hosted on the Ethereum network, $BUBBLE serves as the governance and utility token for the Imaginary Ones ecosystem, bridging gaming, merchandise, and content with real-world assets on the web3 token.
The company’s litepaper outlines various use cases for the token, including staking rewards, platform payments, governance, and exclusive access to Imaginary Ones and its IP partner products, experiences, and events.
$BUBBLE is an ERC-20 utility token that fuels the Imaginary World ecosystem.
— Imaginary Ones | $BUBBLE 🫧🫧🫧 (@Imaginary_Ones) May 8, 2024
<<$BUBBLE TOKENOMICS OVERVIEW>>
Total Supply: 10,000,000,000 $BUBBLE
Community Incentives: 30%
Ecosystem 23%
Strategic Investors: 18.5%
Operations: 11.5%
Contributors: 10%
Liquidity: 7%
<<COMMUNITY… pic.twitter.com/O9AuSWxCC7
Imaginary Ones, founded by serial tech entrepreneurs Clement Chia and David Lee, boasts an impressive track record with previous ventures, including OFFSET and OFFEO, which garnered a turnover exceeding $20 million and attracted global brands like Netflix, Coca-Cola, Google, and Nike.
Notable collaborations include a partnership with fashion giant HUGO BOSS, resulting in record sell-outs for its HUGO x IO NFT collection, and teaming up with Samsung Singapore to introduce exclusive maps in Bubble Rangers.
The HUGO x @Imaginary_Ones capsule is here!
— HUGO BOSS Corporate (@HUGOBOSS) December 20, 2023
The collaboration delivers a Web3 tech-infused belt bag adorned with the legendary emotions in chrome finishings, and an NFC tag inside for a special redeemable in BUBBLE RANGERS.
Get it at: https://t.co/WCMQKncyFl #HUGOxIO pic.twitter.com/RhTDftfSr0
Clement Chia, CEO and co-founder of Imaginary Ones, expressed excitement about the project’s evolution, stating, “Imaginary Ones has grown into an IP entertainment ecosystem that connects the worlds of web3 with everyday brands. The token will play a crucial role in our progress, supercharging our ecosystem.”
Bybit exchange confirmed the listing in an official blog post on May 9, also announcing a $260,000 listing prize pool to commemorate the event.
The exchange will host three special events from May 13th, 2024, to May 27th, 2024, inviting interested users to register through Bybit.
For more Web3 news, check out the XGA newsfeed.
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