Cryptocurrency exchange Bybit has announced updates to the ByVotes platform, enabling users to take an active role in supporting promising projects.
New Features in ByVotes
ByVotes offers enhanced features, including a target threshold for project votes, ensuring high-quality initiatives and market relevance. Projects meeting these requirements will be featured in Bybit's Adventure Zone.
Voting Process and Rewards
Users can vote based on their holdings on Bybit. If a supported project reaches the Adventure Zone, voters share in a prize pool. An option for referral invitations expands participant numbers.
Community's Role in ByVotes
ByVotes assists users in supporting high-potential projects that may lack mainstream attention. Simultaneously, startups gain the ability to achieve their marketing objectives. "ByVotes is for the passionate and inquisitive," stated Joan Han, Bybit's Sales and Marketing Director.
ByVotes updates demonstrate Bybit's commitment to strengthening the connection between the community and developing projects, offering mutually beneficial conditions for all participants.
