Exchange Bybit announces 8th Launchpad with the Monster Galaxy P2E (GGM) project. Users can get GGM tokens by setting a certain amount of BitDAO (BIT) based on the average daily BIT balance (within 5 days from 01/13/2022 to 01/18/2022) on the account. Bybit account that person owns.

What is Monster Galaxy P2E (GGM)?

Monster Galaxy Play-2-Earn is a Pokémon and Monster Hunter-inspired game for fighting and taming creatures and the latest in the Monster Galaxy franchise. By using NFT, the game rewards players with full ownership of mogas in the game. Just like in the previous games, the player can collect and trade mogas and breed them for battle.

Compared to playing NFT games to earn games like Axie Infinity – which require you to pay an initial fee before you can start playing – Monster Galaxy P2E is based on a free-to-play model that allows anyone to want. All players receive 100 Star Seeds to conquer Mogas plus free new Mogas to start with. This free-to-start moga lowers the barrier to entry for anyone wanting to try Monster Galaxy P2E while they familiarize themselves with the game’s combat and monetization mechanisms.

Token information

• Name: GGM
• Total offer: 1,000,000,000 GGM
• Total allocation: 10,000,000 GGM (1% of the total offer)
• Maximum CAP per user: 14,000 GGM
• Price: 1 GGM = $ 0.025 (The price between BIT and GGM will be confirmed prior to the registration period)
• Format: Register
• Obligation token: BitDAO (BIT)

ByBit Launchpad

Snapshot time (snapshot): 7:00 am (Synthetic Team time) Jan 13, 2022 to 6:59 am Jan 18, 2022.

During this 5-day period, the average daily amount on your account (which can still earn interest without a payout on Launchpool) is recorded via hourly snapshots. The report is updated daily at 10:00 AM.

Registration period (commit): January 18, 2022 from 10:30 a.m. to 5:59 p.m.

You must click the “Commit Now” button to commit certain BITs to the project during this subscription period. The amount of BIT that can be committed depends on the average daily BIT balance in your account for 5 days. Please note that the amount you have promised will be blocked and will only be accessible for transfer, payout or trading after the token has been distributed.

Delivery time: From 6:00 p.m. on January 18 to 6:59 p.m. on January 18, 2022.

Calculation: Allocated RCDs = (Number of BITs you have promised / Total BITs used by all participants) * Total RCDs allocated to the project. Up to 14,000 GGM per person, regardless of the BIT inventory volume.

Based on the result of the GGM assignment, the corresponding BIT amount will be deducted from your promised amount, while your GGM assignment and the remaining BIT will be returned to the spot account. After that, you can continue to deposit into Launchpool to receive daily interest.

Recording time: The trading pair GGM / USDT will be quoted on January 18, 2022 at 7:00 p.m.

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