Competitions and promotions

T2T2 is set to launch on Bitget Launchpad! Commit BGB and team up!

2023-10-26 10:000604

T2T2 is set to launch on Bitget Launchpad! Commit BGB and team up to participate.

About the project

T2T2 is a comprehensive Web3 social platform deployed on Ethereum and Base Chain, focusing on innovative on-chain social interactions. It aims to provide socializing services in one stop for all users in the Web3 space. T2T2 allows users, project teams, and KOLs to easily engage and socialize to maximize their personal economic value.

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T2T2 Launchpad details

• Token name: T2T2

• Total supply: 10,000,000,000 T2T2

• Total Launchpad volume: 133,333,333 T2T2

• Exchange rate: 1 T2T2 = 0.0015 USDT (BGB swap price will be announced after the holding calculation period starts)

• Individual cap: 666,666 T2T2

How to participate:

1. Log in to your Bitget account.

2. [Team-up phase]

Users are free to form teams during the promotion period. A valid team should have at least three members, and the members must complete identity verification and hold at least 50 BGB to be eligible. Existing users can only start teams, while new users can either join a team or start a new team.

*Existing users are those who have signed up for Bitget before the team-up phase starts. Users who sign up after the team-up phase starts are considered new users.

Team-up rules:

After the promotion starts, all eligible users (who have completed identity verification and hold at least 50 BGB in their asset accounts) can apply to become a team leader, start a team, and send out invitations.

Step 1: The team leader invites friends (new users only) to join their team.

Step 2: A friend must sign up, complete identity verification, and hold at least 50 BGB in the asset account to be eligible to accept the invitation and join the team.

Step 3: After joining the team, team members can also send invitations to friends. A valid team should have three members.

*If the team is full, your friends can join other teams (if they are new users) or start a new team.

3. [Holding calculation period] Hold BGB in your asset accounts so that your average BGB holding volume can be calculated based on the snapshots taken of your accounts. Your BGB holdings in all accounts (including your spot account, margin account, futures account, P2P account, and Earn account) are taken into consideration, including the amounts that are frozen or locked up. Your BGB holdings during the calculation period must reach the minimum requirement.

Calculation method:

Users without a team: Your BGB commitment cap is based on your average BGB holdings during the calculation period.

Team members: The maximum BGB amount that can be committed = your average BGB holdings × 2

4. [Commitment period] The BGB swap price will be announced when the commitment period starts, which will be the average BGB price during the calculation period (calculated every four hours).

5. Manually commit BGB

Use the Commit button to commit BGB. The BGB that you commit will be locked up while awaiting allocation.

6. Commitment calculation

After the commitment period ends, the system will calculate the amount of Launchpad tokens to be allocated to each user.

7. Deduction of BGB

After the allocation to each user is determined, Bitget will deduct the BGB from your account accordingly. The Launchpad tokens and any remaining BGB will be automatically sent to your spot account.

8. Notes:

(1) The snapshots of BGB holdings will be taken after the holding calculation period begins. Make sure to prepare your holdings as early as possible. Your average BGB holdings = Sum of BGB holdings at each time of snapshot ÷ Total number of snapshots. The total number of snapshots during the holding calculation period is fixed. You may miss out on some snapshots if you have not prepared your BGB holdings before the start time of the holdings calculation period.

(2) Market maker and broker accounts are not eligible for the promotion.
(3) Only main accounts are eligible for the promotion. Any sub-accounts participating in this promotion will be disqualified and will not receive any rewards.

T2T2 Launchpad schedule

Promotion phase	Date
Team-up phase	October 27, 3:00 PM – November 6, 3:00 PM (UTC+8)
Holding calculation period	November 4, 3:00 PM – November 6, 3:00 PM (UTC+8)
Commitment period	November 6, 6:00 PM – November 7, 6:00 PM (UTC+8)
Results	November 7, 6:00 PM – 7:00 PM (UTC+8)
T2T2 distribution	November 7, 7:00 PM – 8:00 PM (UTC+8)
T2T2/USDT spot trading launches	November 7, 8:00 PM (UTC+8)