Bybit, a cryptocurrency exchange, is preparing to launch a Galaxis IDO (Initial DEX Offering) on its platform. This IDO represents Bybit Web3's commitment to providing users with improved access to Web3, creating a more inclusive Web3 ecosystem.

Galaxis is a decentralized application that enables developers to create and explore virtual spaces, fostering the formation of digital communities. The no-code tools provided by Galaxis will be accessible to a wide range of users, from business owners and developers to content creators and individuals seeking success online.

One of Bybit's advocates, Emily Bao, emphasized the transformative potential of Web3, stating that supporting projects like Galaxis contributes to a more connected and empowered future for blockchain communities. The Galaxis IDO aligns with Bybit's vision of creating a thriving Web3 ecosystem that is simple, open, and equitable for all.

Scheduled from May 3rd to May 7th, 2024, the subscription round for the Galaxis IDO requires users to hold a minimum of 300 USDC (Ethereum Chain) in their Bybit Wallet. The IDO offers 60,060,060 GALAXIS tokens, with a maximum of 2,000 competition winners.

Bybit Web3 offers a range of DeFi products, including wallets, exchanges, and platforms, designed to be user-friendly and efficient. Leveraging the secure Bybit blockchain and its experience serving over 25 million users globally, Bybit Web3 introduces users to innovative technologies with a focus on trust and security.

Through the Galaxis IDO, Bybit Web3 showcases its commitment to embracing innovation and growth within the Web3 ecosystem.