Dubai, UAE, May 9th, 2024

Bybit, a leading crypto exchange worldwide, has declared an imminent Initial DEX Offering (IDO) for Nulink (NLK) on its Web3 platform.

Bybit Web3 revealed that Nulink is developing data privacy solutions for DApps, aimed at empowering developers to create secure applications to enhance the Web3 ecosystem.

NuLink – Advanced Privacy Solution for DApps

NuLink offers privacy-enhancing technology for decentralized applications through APIs, making it user-friendly for developers and enterprises to develop secure applications.

NuLink merges blockchain tech with security methods like Proxy Re-Encryption and Attribute-Based Encryption, utilizing techniques such as Zero-Knowledge Proof and Homomorphic Encryption.

IDO Information

• IDO Subscription Period: May 9, 2024, 10AM UTC to May 13, 2024, 10AM UTC
• Snap Period: May 13, 2024, 10AM UTC to May 16, 2024, 10AM UTC
• Lottery Period: May 16, 2024, 10AM UTC to May 16, 2024, 10:15AM UTC
• Reveal and Claim Period: May 16, 2024, 10:15AM UTC to May 17, 2024, 10AM UTC
• Listing Date: May 16, 2024, 10AM UTC

Token Information

• Token: NLK
• Total Allocated to Bybit IDO: 4,000,000
• Total Supply: 1,000,000,000

Eligibility Criteria

Users must maintain a Bybit Wallet with a minimum balance of 300 USDC throughout the Snapshot Period to join the IDO. Three daily snapshots will be taken during the Snapshot Period. A maximum of 2,000 winners will be selected.

For more details on the IDO process and eligibility requirements, kindly refer to the Bybit Web3 page.

About Bybit Web3

Bybit Web3 aims to redefine openness in the decentralized space, establishing an inclusive ecosystem for everyone. Bybit Web3 offers various products to simplify accessing and managing Web3 assets.

About Bybit

Bybit stands as one of the top three crypto exchanges globally, accommodating 25 million users since its establishment in 2018. Bybit provides a professional platform for crypto traders that offers a swift matching engine and round-the-clock customer service.

For media inquiries, please reach out to [email protected].

For further information, visit the Bybit website.