Launched: Tars Protocol (TAI) on Web3 IDO at Bybit

About the Project

The Tars Protocol token (TAI) is the primary utility token in the Tars Protocol ecosystem. As the native token of the platform, TAI has many uses that enhance user engagement, enable transactions, and incentivize participation with the platform.

• Token: TAI
• Price: 1 TAI token = 0.01 USDT
• Allocated for IDO by Bybit: 15,000,000 TAI (1.5% of the total maximum supply)

Project website | Whitepaper | Twitter | Discord | Telegram

How to Participate

Here is a step-by-step guide on how to participate in Bybit Web3 IDO projects.

Through the exchange website

1. Go to Bybit.com.

2. In the top menu, click on the "Web3" button, then select the "IDO" section.

3. Then click "More Details" to view the details of the IDO project you want to join and navigate to the Subscription page.

4. Next, click on "Register Now" and fulfill all the requirements.

For detailed instructions, see How to Participate in Bybit Web3 IDO.

Through the mobile app

1. Download the official exchange app Bybit.com.

2. In the main menu, press the "Web3" button, then select the "IDO" section. You can also open the full menu via the "More" button, where all exchange sections will be visible.

3. Then click "More Details" to view the details of the IDO project you want to join and navigate to the Subscription page. Through the "View All" button, you can see all active IDOs.

4. Next, click on "Register Now" and fulfill all the requirements.

Complete tasks and earn more tickets

According to our information, only whole numbers are counted; staking is not mandatory, you can simply make a new deposit of $100 to receive 0.6 tickets, make an exchange of $200 to receive 0.5 tickets, totaling 1 additional ticket.

1. Invite friends to Bybit Additional tickets: 1.5 .

2. Accumulate a net deposit of at least $100 in your Bybit account Additional tickets: 0.6 .

3. Stake and maintain an additional amount of at least $300 in tokens Additional tickets: 0.3 .

4. Exchange tokens amounting to at least $200 Additional tickets: 0.5 .

5. New users of the Bybit wallet Additional tickets: 0.4 .

Terms

Become the first to receive exclusive discounts on tokens. All participants have equal chances to win the token distribution. Winning ticket holders can receive the distributed tokens (denominated in USDT) using USDT from their Bybit Wallets.

• To participate in IDO projects on Bybit Web3, participants' Bybit Wallet balances must meet the required asset amount.
• Participants are not required to undergo KYC verification on the Bybit account used.
• To redeem the distributed tokens from the IDO, participants need to have sufficient funds to pay the blockchain gas fee (the fee amount may vary depending on network conditions).
• Bybit reserves the right to the final interpretation of the terms and results of this event. If you have any questions, please contact our Support Service.
• Update the Bybit app to at least version 4.14.5.
• Sub-account registration is not supported for IDOs, it is recommended to switch to the primary account and join.
• Bybit reserves the right to cancel the participation of any individuals found to be engaging in dishonest or fraudulent activities during the event, including mass account registration for additional bonuses and any other actions related to illegal, fraudulent purposes.
• To be eligible to receive IDO tokens, all set snapshot requirements for each IDO project must be met. Detailed information about the snapshot requirements can be found in the relevant IDO project announcement.
• Disclaimer: The information and data about the project presented above are taken from public sources and are provided for informational purposes only.

IDO Schedule

• Subscription Period 04-25 13:00 - 04-29 13:00 MSK

  To be eligible to participate in this IDO project on Bybit Web3, the balance of the Bybit Wallet must be at least 300 USDT (Solana network) and 0.1 SOL (Solana network).

  How to Deposit and Withdraw using the Bybit Wallet (Web3)

• Balance Snapshot Period 04-29 13:00 - 05-02 13:00 MSK

  Maintain at least 300 USDT (Solana network) and 0.1 SOL (Solana network).

  During the balance snapshot period from 04-29 13:00 MSK to 05-02 13:00 MSK, up to three (3) snapshots will be taken per day.

  If the required balance is not maintained at the time of snapshots, the participant will be disqualified.

• Token Distribution Period 05-02 13:00 - 05-02 13:15 MSK

  Bybit's Web3 IDO uses a smart contract for random ticket selection, ensuring equal chances for all tickets to win the token distribution. Detailed information is provided in our guide.

  How to Participate in Bybit Web3 IDO

• Token Receipt Period 05-02 13:15 - 05-03 13:00 MSK

  During this period, participants who have won the draw must claim their tokens.

Our Participation

We will be participating with four of our accounts and completing two tasks to earn an additional ticket each (this requires a new deposit of $100 and an exchange of $200 within the wallet). The only expenses here are the commission fees for transferring funds within the exchange to the Bybit Wallet or from any personal wallet to the newly created wallet on the exchange.

After the draw is completed, we will share our results, but the chance of success is small as there will be many participants, and some even set up 50-100 or more accounts. However, if luck is on your side and you win a ticket, the profit could be substantial.

Tomorrow, snapshots for another IDO SLASH (SVL) will start, and there is still time to make a deposit. Try it, as participating doesn't cost you much, just minor expenses on commissions. We have previously participated in IDO BitBrawl (BRAWL) which required 300 USDT and 0.1 Solana. We keep all funds in the Bybit exchange wallet across different networks without withdrawing them back, to save on commissions back and forth and to participate in new events, as well as making exchanges within the wallet to earn additional tickets.

Our deposit 300 USDT and 0.1 SOL x 4

👉 Join and participate with us!

Our Results

None of our tickets were winners. But for those who got lucky, they'll get around $500-600 for a single winning ticket with 100 USDT. Not bad, considering the costs were minimal and there was basically no risk. The final profit depends on the selling price - you can cash out the coins right away or hold onto them.