TechFlow reports that Bitget's current Launchpad will begin registration and snapshot at 15:00 on May 11, featuring two pools: a BGB holding pool and an inclusive distribution pool. The minimum participation requirement is holding 2,000 BGB. Each participant has a hard cap of 360 tickets (approximately 37,800 BIP1), accounting for 2% of the total BGB holdings prize pool.
Bitget concluded its previous Launchpad project, GoSleep (ZZZ), on April 17. The total participation amount exceeded $170 million, with the project achieving a maximum opening price increase of 7,992% upon listing.
BIP1 (Bitcoin Improvement Proposals 1) is a BRC20 token deployed on the Ordinals protocol, symbolizing "the first improvement proposal for Bitcoin." It represents the continuous enhancement of Bitcoin's capabilities and stands as a testament to how BRC20 contributes to the flourishing Bitcoin ecosystem.
