Xterio Joins Bybit Launchpad, Offers $80M in Funding and Exciting Rewards for Early Participants

Last updated on January 14th, 2025 at 12:14 am

Bybit has announced Xterio (XTER) as its latest Launchpad project.

Xterio is an AI-driven blockchain gaming platform built on the Layer 2 OP Superchain and has raised over $80 million in funding, with support from major backers, including Binance Labs, Makers Fund, and DST Global Partners. The platform is designed to integrate gaming with rewards, positioning itself as a key player in the evolving blockchain landscape.

Through its Launchpad, Bybit offers early access to carefully curated projects supported by a robust trading environment and deep liquidity. For Xterio, the crypto exchange noted that it has allocated more than 7.5 million XTER in rewards for participants.

During the subscription period, users can participate by subscribing with MNT to access a 3.75 million XTER pool or entering a lottery with USDT for another 3.75 million XTER pool.

Bybit stated that participants must maintain an average balance of 50 MNT or 100 USDT during the snapshot period from January 3 to 7, 2025. Token commitments will occur on January 8, with allocations finalized later that day. After XTER’s Spot listing on January 8, users can unlock additional rewards through deposit and trading tasks for a 300,000 XTER prize pool or by participating in a Puzzle Hunt to access another 300,000 XTER.

Emily Bao, Bybit’s Head of Web3 and Spot, emphasized the platform’s dedication to supporting high-potential blockchain projects, highlighting Xterio’s innovative approach to blockchain and AI gaming.

This announcement follows the launch of the physical Bybit Card in Brazil in early December 2024. With this card, users are expected to enjoy a smooth experience spending crypto worldwide. This initiative builds on the success of the virtual Bybit Card, which has attracted over 28,000 users in Brazil since its September 2024 launch. The exchange promised that new users who deposit 100 USDT and use the card before the end of 2024 will receive a 150 Bralliain Real (BRL) reward.

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