Bybit Web3, the Web3 division of Bybit — one of the top three crypto exchanges globally by trading volume — has unveiled IDO 2.0, a groundbreaking system poised to revolutionize decentralized fundraising. This new initiative is designed to reward loyal Bybit Web3 users while democratizing access to profitable Initial DEX Offerings (IDOs).

Since its debut in January 2023, Bybit Web3 IDO has quickly become a leading platform for discovering and investing in promising blockchain projects. The platform’s impressive track record includes the successful launch of over 30 projects, attracting 1.4 million participants and delivering an average IDO return on investment (ROI) of over 2300%.

These achievements have generated more than $30 million in profits for Bybit Web3 users across various blockchain networks, including Ethereum, Mantle, BNB, Solana, Arbitrum, Blast, and Polygon. Bybit Web3 has set a high standard for innovation and profitability in the decentralized fundraising space.

Enhanced User Protection with a New Refund Policy

Building on its successful foundation, IDO 2.0 introduces a unique system that rewards Bybit Web3 users who actively participate in the ecosystem. A distinctive IDO score, which considers factors such as wallet asset balance and participation in referral programs, enhances users’ chances of winning allocations in Bybit Web3 IDOs.

This system also rewards frequent participants, ensuring more equitable opportunities for all users. User safety and transparency are top priorities for Bybit Web3. The new Refund Policy allows participants to request full or partial refunds under specific conditions, providing users with greater flexibility and security.

Bybit Web3’s IDO 2.0 marks a significant advancement in the evolution of IDOs, emphasizing loyalty rewards, fair allocation systems, and strong user protection measures. This innovative approach is setting the stage for a more inclusive and secure future in decentralized fundraising.

Creating a More Inclusive Decentralized Ecosystem

Bybit Web3 is committed to fostering openness in the decentralized world, striving to create a simple, open, and equal ecosystem for all. The platform welcomes builders, creators, and partners from the blockchain space, extending an invitation to both crypto enthusiasts and the curious. With a community of over 1 million wallet users and more than 10 major ecosystem partners, Bybit Web3 continues to grow and expand its reach.

Bybit Web3 offers a comprehensive suite of Web3 products designed to simplify the process of accessing, swapping, collecting, and growing Web3 assets. Supported by the security and expertise of Bybit, a top global crypto exchange trusted by 30 million users worldwide, Bybit Web3’s wallets, marketplaces, and platforms are designed to make Web3 participation as seamless and secure as possible.