Playbux Token (PBUX): A New Project on Bybit Launchpad 3.0

Playbux Token (PBUX): A New Project on Bybit Launchpad 3.0

Start: 18.04.2023

End: 23.04.2023

Activity

Holding

Assets

USDT, MNT

Platform

bybit 👉 Review Review Review Review Review Review Review Review Review
Table of Contents

About the Project

Playbux is a BNB blockchain-based e-commerce metaverse where users can make purchases and earn cashback. PBUX is used as a governance token. The Playbux platform offers various entertainment and opportunities to its users: shopping, movies, music, DeFi, trading, gaming, and much more. Playbux already has over 17 million accounts, making it one of the leaders in the Web3 entertainment industry. Users are actively engaging with Playbux—over 20 million on-chain transactions have already been registered. This figure is the largest in the BNB network among Web3 projects.

  • Token: PBUX
  • Price: 1 PBUX = 0.075 USDT
  • Allocated for Bybit Launchpad: 4,000,000 PBUX
  • MNT Pool: 2,000,000 PBUX (maximum per subscriber: $300 = 4000 PBUX)
  • Distribution for USDT: 2,000,000 PBUX (distribution per user: 15 USDT = 200 PBUX, winning tickets: 10,000)

Website | Whitepaper | Facebook | Medium | Twitter | Telegram | Discord | Terms & 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!

Launchpad Schedule

  • Balance Snapshot Period 2024-04-18 03:00 - 2024-04-23 02:59 MSK

    To be eligible for tickets, your average daily balance of the hold token (MNT or USDT) during the snapshot period must meet or exceed the minimum threshold.

    The balance of MNT or USDT on your spot, derivative accounts, and funding account (or on Unified Trading and Inverse Derivative accounts) will be considered during the snapshot period.

    Daily snapshots of your accumulated trading volume from spot trading, spot copy trading, grid bot trading, DCA bots, leveraged tokens, and spot margin trading will be taken during the snapshot period. All transactions related to purchases and sales will be considered. For pairs denominated in USDT, the trading volume is calculated as the sum of the costs of all orders for each executed USDT order. For pairs not denominated in USDT, trading volume will be converted to USDT at the closing price of the current day. Note that derivative trading volumes are not considered.

    Information about the average daily balance and the trading volume for the current day will be updated at 06:00 MSK the following day. Due to significant computation volumes, the average daily balance may be updated with delays.

  • Subscription Period 2024-04-23 06:30 - 2024-04-23 13:59 MSK

    To participate in the event, Level 1 KYC verification or corporate verification is required. Users from unserved countries/regions cannot participate in this event.

    Sub-accounts are not permitted to participate. The balance or trading volume on sub-accounts will be considered in the main account.

    You can choose between two (2) events and click on 'Lock' to participate in one of them during the subscription period.

    Locked tokens will be frozen and cannot be used for transfers, withdrawals, and trading until the final distribution of PBUX is completed.

    To lock MNT or USDT, which are staked in the Bybit Pool or Flexible Earnings, withdraw funds from staking on the 'Orders' - 'Earn order' page and manually transfer them to the funding account. If you hold MNT or USDT on spot or derivative accounts (or Unified Trading and Inverse Derivative accounts), they must be manually transferred to the funding account.

    With the available balance in the funding account, you can subscribe to the distribution or ticket giveaway.

  • Distribution Period 2024-04-23 14:00 - 2024-04-23 14:59 MSK

    For users participating in the token subscription: The final amount of PBUX distributed = (the amount of tokens you fixed / the total amount of tokens fixed by all participants) * the total amount of PBUX allocated for the Launchpad. Please note that the maximum amount of PBUX you can receive is 4000. Any tokens beyond this amount will be distributed among participants who did not reach the limit. Based on the final distribution result, the corresponding amount of fixed token will be deducted from the fixed sum, and the remaining fixed token amount will be credited to your funding account. At the same time, the distributed PBUX will be credited to your spot account (or to your Unified Trading Account, if you have switched to it).

    For users participating in the giveaway: Each winner will receive 200 PBUX, and the corresponding amount of PBUX will be credited to your spot account (or to your Unified Trading Account, if you have switched to it). Any remaining fixed tokens, if any, will be credited back to the funding account. Participants who did not win the distribution will have the full amount returned to them.

  • Launch Period 2024-04-23 15:00 MSK

    The new token will be listed on the Bybit spot platform at 2024-04-23 15:00 MSK subject to liquidity conditions.

Our Participation

We are interested in the USDT giveaway as the risks are minimal, with only minor expenses for commissions. Subscription in MNT is recommended only for holders of this coin. Suppose you have one winning ticket, you will receive 200 PBUX tokens at a rate of $0.075 each, costing you 15 USDT. After listing, you can sell your coins, usually at several times the price, or continue holding them.

Throughout the snapshot period, you need to maintain a balance of at least 100 USDT and can trade on the spot to get more tickets. During this time, if you accumulate a trading volume of 5K USDT or maintain a balance of 1K USDT in assets, you'll get 2 tickets; if you accumulate a trading volume of 25K USDT or maintain a balance of 10K USDT in assets, you'll get 3 tickets. Lifehack: How to quickly and easily generate trading volume with a small amount? Read in the section How to Participate.

During the subscription period, you need to go to the launchpad page and subscribe – click the "Lock" button. At this time, funds must be on your funding account, otherwise, you will not be able to subscribe. Just because you receive tickets does not guarantee that your ticket will win, meaning there's no certainty you'll receive an allocation – it will be random. If you don't win, you lose nothing.

We will generate a trading volume of 25K USDT on four accounts to receive three tickets each, but you can simply hold at least 100 USDT to get one ticket. Good luck to everyone!

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Our Results

Finally, luck was on our side :), 1 out of 12 tickets hit the jackpot (we created 4 accounts, each with 3 tickets). Our editor also had one winning ticket.

What profit could be made from a single winning ticket? The cost was 15 USDT for 200 PBUX, which could be sold for about $0.4 each, totaling $80. Not too strong, just a five-fold return. We're not selling yet, we'll hold onto the coins.

Our Contacts

Admin Telegram:
News Channel in Telegram:
Representative Telegram:
Chat in Telegram:
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