Imaginary Ones, the leading Web3 entertainment company, is set to make a significant move by joining the Bybit platform. This milestone comes shortly after the company’s flagship game, Bubble Rangers, achieved over 2 million downloads worldwide. To support its growth, Imaginary Ones has successfully closed an oversubscribed funding round with investments from Animoca Brands, Polygon Ventures, Cypher Capital, Ed3n Ventures, and MH Ventures.
On May 14th, 2024 at 10:00 am (UTC), Bybit will list Imaginary Ones and its $BUBBLE token, offering a USDT trading pair. Running on the Ethereum network, $BUBBLE serves as the governance and utility token for the Imaginary Ones ecosystem. The company highlights its use in gaming, merchandise, and content, bridging real-world assets with the web3 token. The token’s official litepaper reveals its various applications, including staking rewards, platform payments, governance participation, and exclusive access to Imaginary Ones and its IP partner products, experiences, and events.
Imaginary Ones was founded by Clement Chia and David Lee, serial tech entrepreneurs who previously co-founded OFFSET and OFFEO. These ventures, recognized as award-winning motion design and digital content platforms, generated a turnover exceeding $20 million and boasted a client base of over 100 global brands, such as Netflix, Coca-Cola, Google, and Nike.
The company has also partnered with renowned fashion brand HUGO BOSS, achieving record sell-outs within one minute for its HUGO x IO NFT collection. More recently, Imaginary Ones collaborated with Samsung Singapore to introduce new Samsung-exclusive maps in its Bubble Rangers game.
Clement Chia, the CEO and co-founder of Imaginary Ones, expressed his excitement about the company’s progress since its inception in 2022 with an NFT collection. He emphasized that Imaginary Ones has evolved into an IP entertainment ecosystem that seamlessly connects the web3 world with everyday brands. Chia views the $BUBBLE token as a crucial element in their growth, and the listing on Bybit as a step in the right direction.
Bybit exchange has officially announced this development on its blog, with the news of an upcoming $260,000 listing prize pool to celebrate Imaginary Ones’ listing. The exchange has planned three special events from May 13th to May 27th, and interested users can register for the event through Bybit’s platform.
Imaginary Ones is a pioneering Web3 entertainment company that merges interactive gaming experiences, curated merchandise offerings, and captivating content to redefine the boundaries of immersive entertainment. Founded by Clement Chia and David Lee, the company’s philosophy is centered around the belief that anything imaginable can be built.
In collaboration with Gregory Poon and Jerome Kwek, Imaginary Ones launched one of the most successful global NFT projects to date, selling out the entire collection within four minutes of the Dutch Auction sale. The project has generated a sales volume of over 17,000 Ethereum (~$37,000,000 USD) on OpenSea.
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