ZAP is a decentralized token distribution platform offering fundraising, airdrop, and community-building services to Web3 startups. It assists crypto projects in conducting and executing high-quality airdrops and token sales using its diverse infrastructure.
$ZAP is the protocol's native token, powering its token-burning, user incentivization, governance, and staking mechanisms.
On Sep 30, 2024, the platform announced the upcoming launch of IDO on the Bybit launchpad, putting over 3.5M $ZAP up for sale. As a result, the CoinLaunch team has prepared a guide for you on how to join this investment opportunity.
No Lockup
To participate in the Bybit IDO, you need to create a Bybit Web3 wallet and acquire 100 $USDT tokens, plus additional funds to cover blockchain and launchpad fees on the Base blockchain. Then, visit the $ZAP IDO page, log in to your Bybit account (KYC verification is not required), or use the "Log in with Google" option. Connect your wallet and “subscribe” to the IDO. Once done, an icon on the right side of the screen will display your number of tickets for this IDO.
The Bybit launchpad uses a random allocation model where the number of tickets you hold for a specific IDO round (up to a maximum of 60) determines your chances of winning the allocation. Additionally, the system allows you to win up to 5 times in the IDO, meaning you can receive up to 5x the original allocation size.
You can increase the number of Bybit IDO tickets by upgrading your IDO score tier on the launchpad. Each tier provides the following number of tickets:
The higher your score, the higher your tier. The IDO score is determined by the following parameters:
Once the random allotment concludes, winners will receive a notification prompting them to proceed with the required amount of $USDT. If you’re one of the winners, enter the required amount of tokens plus the launchpad fee.
Finally, if any tokens remain after the main sale, starting from Bybit IDO tier 3, you can also participate in an FCFS round. The launchpad will notify you of the round details if applicable.
Good Luck! đź’Ş
Create your Bybit Web3 wallet if you haven’t done so yet;
Acquire there at least 100 $USDT + additional funds to cover fees on Base;
Visit the $ZAP IDO page, connect your wallet;
Confirm subscription;
Get more lottery tickets following our guide in the “how to join” block;
If won random allocation, enter the required amount of funds;
If you possess a tier 3 and higher, join the FCFS round;
Once TGE occurs, receive your tokens.