Bitget introduces LaunchX, an innovative token launch platform that aims to connect groundbreaking blockchain projects with the global Web3 community. This platform enables the efficient distribution of early-stage tokens, supporting their adoption. The first project to debut at LaunchX is Fuel Network (FUEL), an advanced blockchain platform that sets new standards in scalability, modularity and performance for decentralized systems.
About LaunchX
LaunchX guarantees strong security and fair distribution practices, offering a user-friendly environment. The platform supports blockchain projects by providing access to the Bitget ecosystem of over 45 million users, and offers expert token listing support and post-launch development. LaunchX enables developers to focus on innovation while providing participants with the confidence and convenience of using a trusted exchange.
As part of the $FUEL launch, 20% of the total initial supply will be allocated to the Fuel community. The FUEL token, with a total supply of 10 billion, will offer 2.75% of its supply available for sale through the Bitget LaunchX platform. Bitget users who meet KYC and other criteria will be able to participate in the subscription using USDT from December 16 to 19, with a maximum limit of USDT 3,000 per user.
Fuel Network brings a breakthrough in blockchain infrastructure with Fuel Ignition – the most efficient (>600 TPS) and cheapest (<0.0002 USD per transaction) optimistic rollup on Ethereum, using advanced technologies such as Fuel Virtual Machine (FuelVM) and a unique design based on on UTXO. Since launch, Fuel Ignition has reached almost $400 million in total value locked (TVL).
Gracy Chen, Managing Director of Bitget, emphasizes:
At Bitget, we always strive to deliver the highest quality solutions for our users and projects. LaunchX is a breakthrough in our quest to support the wave of innovation in the crypto space, offering users direct access to the best projects that were previously difficult to discover.
LaunchX is a significant advancement in Bitget’s mission to drive global cryptocurrency adoption. With security, transparency and accessibility at the forefront, the platform aims to provide a seamless and reliable experience for both projects and participants. More information about LaunchX and Fuel Network can be found on the Bitget website.
About Bitget
Bitget is one of the leading cryptocurrency exchanges and Web3 companies in the world. Serving over 20 million users from over 100 countries, it facilitates smart trading with its innovative copy trading feature and a range of other trading tools. And Bitget Wallet, formerly known as BitKeep, is a comprehensive multi-chain cryptocurrency wallet that offers users access to a wide range of web3 solutions and features. The exchange works with trusted partners, such as legendary Argentine footballer Lionel Messi and eSports event organizer PGL, promoting the use of cryptocurrencies around the world.
Bitget is at the forefront of expanding cryptocurrency adoption through strategic partnerships, such as its role as the official cryptocurrency partner of the world’s best soccer league – LALIGAin the markets of Eastern Europe, Southeast Asia and Latin America, as well as global partnerships with top Turkish national athletes such as Buse Tosun Çavuşoğlu (world wrestling champion), Samet Gümüş (gold medalist in boxing) i İlkin Aydın (member of the national volleyball team) to inspire the global community to embrace the future of cryptocurrencies.
More information can be found on the Bitget website and on their profiles at TwitterTikTok, Telegram, LinkedIn and Discord.
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