As stated in our previous announcements, due to current market conditions and an unfounded and misleading wave of FUD encountered ahead of the launch process, it was not possible to reach our targeted funding level.
Accordingly, all funds collected from our community, amounting to over USD 150,000, have been fully refunded.
Due to prevailing market conditions, we hereby announce that the Bappfun OG NFT sale and other planned launches have been postponed to a later date. We trust that our community will approach this decision with understanding.
As the Bappfun team, we continue our product development efforts with determination. We kindly ask you to stay tuned for further updates.
Sincerely,
Bappfun Team
$BAPP Token Refund Process
From the very first day we started building Bappfun, our core objective has been to offer our community high potential projects at attractive FDV levels. With this model, we aimed both to create value for our community and to sustainably support strong-vision teams that struggle to secure funding.
However, due to current market conditions and an unfounded, misleading wave of FUD encountered ahead of the launch process, we foresee that reaching our targeted funding level would not be possible. As the Bappfun team, we would like to emphasize that we remain fully committed to our long term vision and to building a real, product focused platform.
Accordingly, we have decided to fully refund all funds collected from the community, amounting to over $150,000, and to continue our development efforts without interruption.
All funds of community members who participated in the sale will be refunded within today.
Thank you for your continued support and understanding.
$BAPP Token Refund Process
From the very first day we started building Bappfun, our core objective has been to offer our community high potential projects at attractive FDV levels. With this model, we aimed both to create value for our community and to sustainably support strong-vision teams that struggle to secure funding.
However, due to current market conditions and an unfounded, misleading wave of FUD encountered ahead of the launch process, we foresee that reaching our targeted funding level would not be possible. As the Bappfun team, we would like to emphasize that we remain fully committed to our long term vision and to building a real, product focused platform.
Accordingly, we have decided to fully refund all funds collected from the community, amounting to over $150,000, and to continue our development efforts without interruption.
All funds of community members who participated in the sale will be refunded within today.
Thank you for your continued support and understanding.
$BAPP Community Sale is Live!
Community Sale: https://t.co/waqXiBRIuX
Contract Address: 0xEdb11b7c78dB5E51A856d9d8Cbc6dE15762D6c8D
Multisig Wallet (Treasury): 0xAD359b690aA99B7A0c566F27E4a0f1D1dBb3346C
Community funds secured in a multisig wallet
$BAPP is the core utility token of the Bappfun ecosystem.
To participate in project launches and become eligible for allocations on Bappfun, users are required to stake their $BAPP tokens.
Users who stake $BAPP earn BAPS points, calculated based on both the amount staked and the staking duration. These points unlock various advantages across the Bappfun ecosystem.
By staking $BAPP, users gain access to:
• Allocation rights in token sales of projects launched on Bappfun
• Eligibility for airdrops from projects launched on Bappfun
• Additional $BAPP token airdrops as staking rewards
$BAPP Community Sale is Live!
Community Sale: https://t.co/waqXiBRIuX
Contract Address: 0xEdb11b7c78dB5E51A856d9d8Cbc6dE15762D6c8D
Multisig Wallet (Treasury): 0xAD359b690aA99B7A0c566F27E4a0f1D1dBb3346C
Community funds secured in a multisig wallet