Bybit Lists KOR Protocol on Spot and Announces Token Splash Events
Bybit announced KOR spot trading and two reward events, with registration, identity verification and regional restrictions.
Bybit announced that KOR Protocol (KOR) spot trading would open on November 4 at 22:00 Hong Kong time. Deposits were scheduled to open on November 3 at 18:00, with withdrawals scheduled for November 5 at 18:00. The updated announcement lists Base and Mantle for deposits and withdrawals; users should confirm the available network on Bybit before transferring.
Bybit also announced two Token Splash events running from November 4 at 22:00 to November 18 at 19:00 Hong Kong time. The new-user event has a 5 million KOR pool for the first 4,000 users who register and either deposit at least 12,500 KOR or deposit 50 USDT and make a first KOR trade of 50 USDT. Each receives 1,250 KOR. The trading event offers a 35 million KOR pool to registered users who trade at least 500 USDT worth of KOR on spot, with a 125,000 KOR cap per user.
Both events require registration and identity verification. Institutional users and market makers are excluded, as are participants in restricted jurisdictions, including the European Economic Area. Rewards and asset availability remain subject to Bybit's conditions.
About KOR Protocol
Bybit's announcement describes KOR Protocol as an on-chain clearinghouse for creative assets. It records who made a creative work, what uses it is cleared for and how value should be split, then routes the work to buyers and settles payment.
Bybit says the protocol is used across music, film, television and other creative media, with applications for licensing, remixing and distribution.
Source: Official exchange announcement
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