Bitget has listed Non-Playable Coin. Users can share 3.71 million NPC rewards and participate in the "staking mining" activity. Be careful with Bitget!

On June 18, 2024, Bitget Exchange announced that Non-Playable Coin (NPC) will be officially launched in the Innovation Zone and Meme Zone, and users will have the opportunity to participate in the sharing of a total of 3,713,080 NPC rewards.

Important time nodes are as follows:

• Deposit opening time: Open

• Trading opening time: June 19, 2024 22:00 (UTC+8)

• Withdrawal opening time: June 20, 2024 23:00 (UTC+8) Spot trading link: NPC/USDT

To celebrate the launch of NPC, Bitget will launch two special events, details are as follows:

Activity 1: PoolX - Stake USDT to mine NPC

Users can mine NPC by staking USDT. The activity period is from 22:00 on June 19, 2024 to 22:00 on June 29, 2024 (UTC+8). This activity will distribute a total of 3,206,000 NPC rewards, with a staking limit of 100,000 USDT. The more USDT users stake, the more NPC rewards they will receive.

Token distribution formula:

USDT staking mining reward quantity = USDT staked by users Total USDT staked by all qualified users × Number of corresponding prize pool tokens\text{USDT staking mining reward quantity} = \frac{\text{USDT staked by users}}{\text{Total USDT staked by all qualified users}} \times \text{Number of corresponding prize pool tokens}USDT staking mining reward quantity = Total USDT staked by all qualified users Number of USDT staked by users × Number of corresponding prize pool tokens

Event 2: Non-Playable Coin (NPC) Giveaway

From 21:00 on June 18, 2024 to 24:00 on June 28, 2024 (UTC+8), Bitget will launch an NPC giveaway event, where users will have the opportunity to share NPCs worth a total of $12,000.

Bitget has been committed to providing users with diversified investment opportunities and innovative digital assets. The launch of NPC not only enriches the currency selection of the platform, but also brings more profit opportunities to users. Please pay attention to Bitget's official announcement for more event details and how to participate.

About Bitget

Founded in 2018, Bitget is a cryptocurrency exchange and Web3 company.

The main team members include Gracy Chen (Bitget CEO), Vugar Usi Zade (Bitget COO), Intae Song (Bitget Business Partner), and Alex Hwang (Bitget Business Development Director).

Financing Status

• In December 2018, Bitget completed a $10 million financing, with investors including 8D Capital, LK Venture, Huixiang Fund, Ke Yin Capital, MX Capital, and Ruichi Capital.

• In July 2020, Bitget completed a $10 million Series B financing, with Anlan Capital as the investor.

• In April 2023, Bitget completed a $10 million strategic financing, with Dragonfly as the investor.

Bitget went public seven days in advance for hype

FLOKI stated in a Twitter post last year clarifying the record of unauthorized BITGET $TOKEN staking that Bitget went public seven days in advance for hype.

FLOKI's original text said that on October 18, 2023, we proposed to launch the Floki staking program and reward tokens, which will target trillion-dollar industries with strong potential. Although we did not mention this in the DAO vote at the time, we were referring to the tokenized industry, which is expected to be worth $16 trillion by 2030, and the token that will appear in the subsequent vote will be TokenFi, with the stock code $TOKEN.

Before this DAO vote, we had contacted all exchange partners and asked them not to list TokenFi 7 days after the token was launched, because we intended to propose a DAO vote to allow the listing. We spoke to several T1 and well-respected exchanges, and despite being interested in $TOKEN and wanting to list it early from these exchanges, they agreed to our proposed arrangement of waiting until 7 days later because it was the right thing for them to do as respectable parties.

Bitget is the smallest of all the exchanges we spoke to, and they went behind our backs and announced the listing as soon as we announced the details of the token launch because they saw the hype surrounding the token.

In fact, not only did they go against our desire to list the CEX after 7 days, but they listed a fake version of the $TOKEN token 12 minutes before we officially made the $TOKEN token tradable on the blockchain. This fact can be easily verified by looking at when their token started trading and when we enabled $TOKEN trading on the blockchain.

Seeing their desperate move, we issued three statements within 24 hours clarifying that no exchange had been authorized to list $TOKEN. The first of these tweets was four days ago, which was a day before $TOKEN could be traded, so they had the opportunity to stop/delay the listing of the asset. Users also received advance notice from us that they would list a fake token.

Someone in the community responded that Bitget’s liquidity is completely a platform that takes advantage of customers’ losses.