Dear users:

LaunchBase, a blockchain-based asset issuance platform under the umbrella of Poloniex, is committed to supporting quality blockchain projects and promoting the healthy development of the entire blockchain industry.  

APENFT (NFT) free giveaway, the second project on Poloniex LaunchBase, was successfully concluded at 12:00:00 on May 22, 2021 (UTC). The results of this event are hereby disclosed as follows:

In this round of LaunchBase, users held TRX to win respective quotas of NFT to swap for. Based on the TRX positions in their exchange accounts upon random snapshots, participants were able to receive proportionate quotas of free NFT giveaways. A total of 5,349 users have signed up for the APENFT swap, with their effective total positions reaching 1,106,664,646 TRX upon the completion of the snapshots. The ratio of total NFT booked stands at 44267.02%. This round of LaunchBase concluded with a total of 981,549,200,000 NFT being swapped for.

Timeframe:

On May 19, 2021, LaunchBase, Poloniex's quality asset issuance platform announced that it has launched its second project APENFT (NFT), and released rules - holding TRX to receive free NFT giveaway; 

May 19, 2021 at 12:00:00 (UTC): Registration for APENFT (NFT) Swap starts;

May 21, 2021 at 04:00:00 (UCT): Registration for APENFT (NFT) Swap ends;

May 21, 2021 at 04:00:00 (UTC): Snapshot of available TRX positions in registered users' exchange accounts starts;

May 21, 2021 at 06:00:00 (UTC): Snapshot of available TRX positions in registered users' exchange accounts ends;

May 21, 2021 at 10:00:00 (UTC): NFT swap begins;

May 22, 2021 at 10:00:00 (UTC): NFT swap ends;

May 22, 2021 at 12:00:00 (UTC): Poloniex enables NFT trading with NFT/TRX and NFT/USDT trading pairs;

May 22, 2021 at 14:00:00 (UTC): Poloniex enables NFT deposits and withdrawals; 

Beginning on May 23, 2021, Poloniex will refund all TRX swapped for claiming airdrops to users' exchange accounts in five working days.

APENFT, the second project on Poloniex LaunchBase, is backed by the underlying technology of top-notch blockchains Ethereum and TRON, with support from the world's largest distributed storage system BitTorrent to deliver the mission of registering world-class artworks as NFTs on the blockchain. APENFT Fund was officially registered and established in Singapore on March 29, 2021.

With the mission of registering world-class artworks as NFTs on the blockchain, APENFT aims to be the ARK Funds in the NFT space. APENFT aims to build a bridge between top-notch artists and blockchain and support the growth of native crypto NFT artists. The founding of APENFT marks the beginning of a great journey to “make artworks accessible for all”.

For more information on the NFT token, please refer to the NFT Research Report on APENFT published by Poloniex Launchbase.