Bybit has launched a new ByVote mechanism to improve the requirements for listing and user experience. Under the new rules, new projects must meet the specified vote threshold to participate. Users can earn rewards through voting, inject funds to increase available votes, and recommend friends to register and vote for their favorite projects.
Currently listed on the Bybit spot trading platform, in addition to the regular review process, new projects with limited resources but sufficient community motivation can also bid to be listed on the Bybit Adventure Zone through the ByVotes user voting mechanism.
The latest to join the competition is the Neiron project. From today to November 15, NERIOCTO is being voted on by ByVotes. NERIOCTO is the first Neiron project deployed on Ethereum, aiming to optimize decentralized data management and smart contract execution through blockchain technology. Supporters will have the opportunity to share a prize pool of more than 100 million NERIOCTO.
The ByVotes reform aims to provide guarantees for project quality, while bringing users and project parties closer and jointly promoting the development of the blockchain ecosystem.