Websea is about to launch its first Launchpad project, BitSui.

According to official news from Coin World, Websea is about to launch its first Launchpad project, BitSui (SSBT), providing exclusive participation opportunities for WBS platform token holders. This event will determine the maximum amount users can invest based on their average WBS holdings during the period from March 5 to March 11, 2024; the minimum investment amount is 10 WBS, and the personal hard cap is 800,000 SSBT, with an exchange rate of 1 SSBT = 0.0005 USDT. The token distribution results will be announced on March 12, 2024, at 18:00 (GMT+8), and the corresponding WBS will be deducted from the user's locked WBS balance. After the successful deduction of WBS, the SSBT tokens and remaining WBS will be distributed to the user's spot wallet. It is understood that BitSui is the first project incubated by SuiPad and the first bi-directional cross-chain bridge infrastructure on BRC20 and the Sui network, aiming to achieve asset cross-chain transfer between the Bitcoin network and the Sui network.
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