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Reading: The Arrival of Imaginary Ones on Bybit Marks a Significant Milestone for its IP Entertainment Ecosystem
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Gulf Press > Business > Crypto > The Arrival of Imaginary Ones on Bybit Marks a Significant Milestone for its IP Entertainment Ecosystem
Crypto

The Arrival of Imaginary Ones on Bybit Marks a Significant Milestone for its IP Entertainment Ecosystem

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Last updated: 2024/05/09 at 3:31 PM
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Imaginary Ones, an innovative Web3 entertainment company, recently announced that its $BUBBLE token will be listed on the Bybit cryptocurrency platform on May 14th, 2024. The listing follows the successful onboarding of over 2 million downloads worldwide for its flagship game, Bubble Rangers. The company recently closed a funding round led by prominent investors such as Animoca Brands, Polygon Ventures, Cypher Capital, Ed3n Ventures, and MH Ventures. The $BUBBLE token, hosted on the Ethereum network, serves as the governance and utility token for the Imaginary Ones ecosystem, providing various use cases such as staking rewards, in-game transactions, governance, and exclusive access to products and events.

The founders of Imaginary Ones, Clement Chia and David Lee, are well-known serial tech entrepreneurs who previously co-founded successful ventures such as OFFSET and OFFEO. Their experience in the industry has allowed them to collaborate with prestigious brands like HUGO BOSS and Samsung Singapore, resulting in record sell-outs for their NFT collections and exclusive game content. According to Chia, the listing of the $BUBBLE token on Bybit represents a significant milestone for the company, as it signifies the growth of Imaginary Ones into a full-fledged entertainment ecosystem that integrates web3 technology with everyday brands. Bybit exchange has also announced a $260,000 listing prize pool to celebrate the upcoming listing of Imaginary Ones, with special events planned from May 13th to May 27th.

Imaginary Ones aims to redefine immersive entertainment by seamlessly combining interactive gaming experiences, curated merchandise offerings, and captivating content. The company’s founders, along with partners Gregory Poon and Jerome Kwek, have already achieved significant success in the NFT space, with their collections selling out within minutes and generating millions in sales volume on platforms like OpenSea. The $BUBBLE token is positioned to play a crucial role in supercharging the Imaginary Ones ecosystem, providing users with access to various utilities and exclusive experiences within the platform. With the listing on Bybit, the company hopes to expand its reach and engagement with the crypto community, further solidifying its position in the Web3 entertainment sector.

Bybit has officially communicated the listing of the $BUBBLE token on its platform through a blog post on May 9th, inviting users to participate in the upcoming events and prize pool celebrations. Interested users can register for the special events starting from May 13th on the Bybit platform. The collaboration between Imaginary Ones and Bybit is expected to drive increased visibility for the company, attracting more users and investors to participate in the growing ecosystem of Web3 entertainment. As the company continues to innovate and expand its offerings, the listing of the $BUBBLE token on Bybit represents a significant step towards achieving its vision of creating a fully immersive and interactive entertainment experience for users worldwide.

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News Room May 9, 2024
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