The SHARDS token on Bybit has significantly increased in price post-listing, attributed to the successful Megadrop campaign that commenced on September 5, 2025.
Success of the Megadrop Campaign
The Megadrop campaign on Bybit led to a rapid surge in SHARDS' price following its market listing. This highlights the impact of decentralized launch mechanics in drawing user interest and boosting trading volumes in the cryptocurrency market.
Benefits of a Fair Launch
A key feature of SHARDS' launch was the absence of token allocations to teams and investors. Bybit's CEO, Ben Zhou, championed this model, and the WorldShards development team emphasized transparency by stating, 'No allocation to the team or investors.'
Validation of a New Token Approach
The lack of central team allocations facilitated substantial gains for early participants, increasing institutional and retail interest in the token. Bybit's previous initiatives, including SHARDS, confirm the success of this new model.
The launch of SHARDS marks a significant event in Bybit's strategy, reinforcing community trust and demonstrating the effectiveness of decentralized token launch approaches.