Fluence (FLT): A New Project on Bybit Launchpad 3.0
FLT
About the Project
Fluence is the first decentralized "cloudless" computing platform, offering an alternative to internet oligopolies by eliminating the risks of centralized control, subjective censorship, and data blocking. The unique advantages of Fluence are reliability and verifiability. The lack of trust is due to crypto-economic incentives that reward DePIN operators, and verifiability is ensured by cryptographic proofs of all computations. The platform provides a cost-effective and verifiable alternative for developers who want to create securely and without risk to the platform.
- Token: FLT
- Price: 1 FLT = 0.05 USDT
- Total Emission: 1,000,000,000 FLT
- Allocated for Bybit Launchpad: 3,000,000 FLT
- MNT Pool: 1,500,000 FLT (maximum for one subscriber: 300 USD = 6,000 FLT)
- USDT Giveaway: 1,500,000 FLT (distribution per user: 7.5 USDT = 150 FLT, winning tickets: 10,000)
Website | Whitepaper | Twitter | Telegram | Discord | Rules and Conditions | FAQ
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How to Participate
Here is a step-by-step guide on participating in Bybit Spot X Launchpad projects.
Terms
Gain early access to tokens. You can use MNT for subscription or USDT for the draw! Just hold 50 MNT or 100 USDT in your balance.
Launchpad Schedule
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Balance Snapshot Period 2024-03-15 03:00 - 2024-03-20 02:59 MSK
A minimum average daily balance of MNT/USDT is required during a specific period to get tickets.
Balances in spot, derivative accounts, funding account, in staking, and loans are considered. Assets in dual currency investments are not considered. For tickets, the balance and profit/loss are converted into USDT.
Trading volume snapshots for the period consider spot trading and related transactions, converted into USDT. Derivative trading is not included.
Balance and trading volume data are updated daily at 03:00 UTC, delays may occur due to the volume of calculations.
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Subscription Period 2024-03-20 06:30 - 2024-03-20 13:59 MSK
Participation requires KYC Level 1 or corporate verification, excluding residents of unsupported countries/regions.
Subaccounts cannot participate; their balance and trading volume are counted towards the main account.
Participants choose one of two events and lock in participation during the subscription period.
Locked tokens are blocked for transfers, withdrawals, and trading until the FLT distribution ends.
To lock MNT/USDT invested in staking, they must first be withdrawn and transferred to the funding account.
Funds in the funding account are used for subscription to the distribution or ticket draw.
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Distribution Period 2024-03-20 14:00 - 2024-03-20 14:59 MSK
When subscribing to tokens, your final share of FLT is calculated as your token amount divided by the total token amount, multiplied by the total number of FLT for Launchpad. You can receive a maximum of 6000 FLT. Amounts over the limit are distributed among those who did not reach the maximum. Your initial token amount is reduced by the cost of the received FLT, the remainder returns to the funding account, and FLT is credited to the spot or Unified trading account.
Draw participants who win receive 150 FLT to the spot or Unified trading account. Non-winning participants get their entire contribution returned to the funding account.
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Launch Period 2024-03-20 15:00 MSK
The new token will be listed on the Bybit spot platform at 2024-03-20 12:00 UTC provided liquidity conditions are met.
Our Participation
Let's put everything in simple terms. We are interested in the giveaway in USDT because the risks are almost non-existent. A subscription in MNT is recommended only for holders of this coin. Suppose you have 1 winning ticket, in exchange, you will receive 150 FLT tokens at a rate of 0.05$, making your expenses 7.5 USDT. After listing, you sell your coins, usually achieving several times the return and more.
Throughout the snapshot period, you need to maintain a balance of at least 100 USDT + you can trade on the spot to get more tickets. Accumulate a trading volume of over 5K USDT in 4 days or maintain a balance of over 1K USDT in assets to get +2 tickets, accumulate a trading volume of over 25K USDT or maintain a balance of over 10K USDT in assets for +3 tickets.
During the subscription period, you need to go to the launchpad page and subscribe – by clicking the “Lock in” button. Just because you receive tickets does not guarantee your ticket will win, meaning it's not certain you will get an allocation – it will be random. That's about it, we will be participating for the first time, but as you've noticed, we've started to actively delve into the topic of earning on crypto exchanges, and we'll share everything where we participate. Also, we are still working on the new design of the blog, for now, only the HYIP monitoring section is fully operational.
P.S. We've funded 4 accounts with 1000 USDT each and plan to generate a trading volume of over 25K USDT to receive an additional 3 tickets, but you can simply hold from 100 USDT and get 1 ticket.Registration for bybit Registration for bybit Registration for bybit Registration for bybit Registration for bybit Registration for bybit Registration for bybit Registration for bybit Registration for bybit
Our Results
Luck was not on our side. We went 0 for 12 on the tickets (made 4 accounts with 3 tickets each). 😥
What profit could have been made from one winning ticket? The cost was 7.5 USDT for 150 FLT, which could have been sold for 1$ each, totaling $150 (a 20x return).
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