Bybit's Web3 business segment, Bybit Web3, has announced that it is optimizing its product roadmap to better serve users. As part of this strategic adjustment, Bybit Web3 will officially close the NFT trading market, inscription trading market, and IDO product page starting from April 8, 2025, at 16:00 (UTC).

This adjustment aligns with Bybit Web3's commitment to optimizing its ecosystem, aiming to provide users with a smoother experience. After a comprehensive assessment of user needs and market trends, Bybit Web3 ensures that it remains at the forefront of blockchain applications.

Asset Management Guidelines

To ensure a smooth transition, users are advised to manage their assets properly before the service termination. The following platforms can be used for NFT asset inquiries or trading:

NFT Trading Market

ETH Ecosystem: OpenSea, Blur, Magic Eden

Mantle Ecosystem: Element Marketplace, Mintle

Inscription Trading Market

- Unisat

- Magic Eden

IDO Participants

If IDO participants' airdrop tokens are stored in the Bybit Web3 Cloud Wallet, it is recommended to transfer them to the Bybit Web3 mnemonic wallet or private key wallet for management.

Emily Bao, head of Bybit Web3, stated: “Bybit Web3 is continuously evolving, focusing on core innovations that create the most value for users. This strategic optimization will enhance the overall user experience while allowing us to concentrate more on next-generation blockchain-driven solutions.”

Bybit is committed to driving the development of the Web3 ecosystem through continuous innovation. For more information, please visit the official announcement: https://announcements.bybit.com/article/notice-delisting-of-bybit-web3-nft-marketplace-inscription-and-ido-blt63dc3251c4c95d87/

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