Bybit to Host OpenBlox’s Native OBX Token

Emerging cryptocurrency exchange Bybit will list the inaugural ‘BloxVerse’ platform token OBX on the new Bybit Launchpad 2.0. The full spot listing is scheduled for June 30th.

Bybit will host the initial exchange offering for OBX, which will be available on the freshly-revamped Bybit Launchpad 2.0.

The listing is a testament to OpenBlox’s success thus far, and a continuation of its upward surge.

OBX is the native token in the OpenBlox gaming ecosystem, which can be used and earned across multiple gaming platforms.

OpenBlox is an EVM-based NFT gaming and web3 platform, which focuses on play-and-earn, move-and-earn and IP branding.

Since its inception in 2021, OpenBlox has attracted investment from renowned investors such as Yusaku Maezawa, who made his first web3 investment with the project.

The gaming platform, built for gamers by gamers, has also garnered a devoted community since its launch.

RunBlox, a lifestyle app and OpenBlox’s first web3 venture, is its most recent addition to the blockchain gaming ecosystem. 

Although the game is still in beta testing, it has been gaining traction with its run, burn and earn mechanics. 

Recently, OpenBlox closed a $4 million seed and private round, and as a result, launched RunBlox.

The game has gathered momentum in Japan and Korea, as the Asia-Pacific region has become the primary cohort of OpenBlox users.

Bybit Launchpad 2.0 gives users early access to some of the most sought-after crypto tokens in the space.

It is fast-becoming the go-to platform for new and promising crypto projects.

Additionally, Bybit users can commit BIT to subscribe to token allocations, or participate in Launchpad 2.0’s new lottery model.

The lottery model enables users to stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens.

Furthermore, users can also buy the best-performing tokens from previous listings via the Launchpad.

OBX is the latest addition to Bybit Launchpad 2.0’s future-forward ecosystem. 

Bybit was established in March 2018 and offers a platform where crypto traders can find an ultra-fast matching engine and multilingual community support.

As well as its exchange, Bybit also provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace and API support.

Bybit is also a partner of the Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

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