According to TechFlow, on October 5, the token distribution protocol ZAP officially announced that the number of users participating in its IDO on the Bybit platform has exceeded 600,000, breaking the record of 500,000 participants previously set by the Eigenpie project on the Bybit platform.
Earlier news, ZAP announced its token economics and announced that it would conduct an IDO on Bybit.
It is reported that ZAP is a community-driven token issuance protocol with three major services: ZAP Labs, ZAP Launch and ZAP Drops. Through vault sale and two rounds of financing, ZAP has raised a total of US$15.1 million, with investors including well-known institutions such as Rarestone Capital, Cypher Capital, and Sharding Capital.