Imaginary Ones is coming to Bybit, marking a major milestone for its IP entertainment ecosystem
The listing announcement comes shortly after the project successfully onboarded over 2 million downloads worldwide for its flagship game, Bubble Rangers. The company has closed an oversubscribed funding round led by Animoca Brands, Polygon Ventures, Cypher Capital, Ed3n Ventures, and MH Ventures.
Cryptocurrency platform Bybit is set to list Imaginary Ones and its $BUBBLE token on 14th May 2024 at 10:00am (UTC) launching with a USDT trading pair.
Hosted on the Ethereum network, $BUBBLE is the governance and utility token that powers the Imaginary Ones ecosystem, as the company states its use for gaming, merchandise and content, linking real-world assets to the web3 token. According to the company’s official litepaper, the token can be used for staking rewards, platform payments including in-game transactions and rewards, governance for the community, and as a means to gain exclusive access to Imaginary Ones and its IP partner products, experiences and events.
Imaginary Ones is founded by serial tech entrepreneurs Clement Chia and David Lee. Previously, they co-founded OFFSET and OFFEO, an award-winning motion design and digital content platform that achieved a turnover exceeding $20 million with a client base of over 100 global brands including Netflix, Coca-Cola, Google, and Nike.
The company collaborated with fashion giant HUGO BOSS, which saw record sell-outs for its entire HUGO x IO NFT collection within one minute. More recently, they collaborated with Samsung Singapore to unveil new Samsung-exclusive maps in its Bubble Rangers game.
“We’ve come a long way since 2022, where it all began with an NFT collection. Imaginary Ones has grown into an IP entertainment ecosystem that connects the worlds of web3 with brands we see and use everyday. The token will be an important part of our progress, as it’s designed to supercharge our ecosystem – listing on Bybit is a step in the right direction,” says Clement Chia, the CEO and co-founder of Imaginary Ones.
Bybit exchange also communicated this development in an official blog post on May 9 and shared the news on X about its upcoming $260,000 listing prize pool to celebrate Imaginary Ones upcoming listing. According to the official blog, Bybit announced three special events starting from May 13th, 2024, 10AM UTC till May 27th, 2024, 9AM UTC. Interested users can register for the event through Bybit.
About Imaginary Ones
Imaginary Ones is a Web3 entertainment company, seamlessly integrating interactive gaming experiences, curated merchandise offerings and captivating content to redefine the boundaries of immersive entertainment. Founded by Clement Chia and David Lee, Imaginary Ones brings together gaming, merchandise and content on the promise that “If you can imagine it, we can build it”.
Alongside two other partners – Gregory Poon and Jerome Kwek, the team launched one of the most successful global NFT projects thus far, selling out the entire collection within 4 minutes of the Dutch Auction sale. To date, more than 17,000 Ethereum (~$37,000,000 USD) of sales volume have been transacted on OpenSea.
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