This User Notice applies to all BloFin Launchpad projects. If a specific project includes additional rules, exceptions, or supplementary provisions, the project announcement and the project detail page shall prevail.
I. Overview
What is BloFin Launchpad?
BloFin Launchpad is a token issuance and subscription platform provided by BloFin for high-quality blockchain projects.
During the designated subscription period, eligible users may subscribe to newly issued project tokens using specified assets.
Participation eligibility, subscription assets, allocation rules, distribution arrangements, and other details may vary by project. Please refer to the instructions displayed on each Launchpad event page.
Eligible Users
All registered BloFin users who meet BloFin’s usage requirements and are not subject to service restrictions.
Due to legal, regulatory, and risk-control requirements, users from certain countries or regions may be restricted from participating in Launchpad. The applicable restrictions shall be subject to platform disclosures.
Reading and Acceptance
Before participating in any BloFin Launchpad project, users must carefully read this User Notice, the Launchpad Risk Disclosure & Disclaimer, and the specific project announcement.
By completing Launchpad registration, users are deemed to have fully read, understood, and agreed to all relevant terms and rules.
II. Snapshot Rules (If Applicable)
⚠ Snapshots may not be enabled for some Launchpad projects. In such cases, the project announcement and project page shall prevail. This section applies only to projects with snapshots enabled.
Snapshot Enablement
Based on project requirements, BloFin may determine whether to implement position snapshot criteria.
Each Launchpad project will clearly specify:
- Whether snapshots are enabled
- Snapshot start and end times
- Asset threshold requirements (e.g., “daily average ≥ X USDT equivalent”)
Snapshot Frequency & Daily Average Asset Calculation
Snapshot frequency: During the snapshot period, BloFin systems take snapshots of users’ relevant account assets once per hour.
Daily average asset calculation: The average of all snapshots taken on a given day constitutes that day’s average asset value.
Qualification rule: During the entire snapshot period, the user’s daily average asset value must meet or exceed the required threshold every day.
If on any day the daily average falls below the requirement, the user loses eligibility to register for that Launchpad. Even if assets are replenished later, eligibility cannot be restored.
Example:
- Requirement: “Daily average assets ≥ 1,000 USDT equivalent”
- Snapshot period: 3 days (D1, D2, D3)
- Daily averages:
- D1: 1,200
- D2: 900
- D3: 1,500
→ Because D2 does not meet the requirement, the user is not eligible to subscribe.
Snapshot Asset Scope
For snapshot-enabled projects, the following apply by default:
Assets included:
- Spot Account
- Futures Account
- Funding Account
- Earn/Wealth Account
Assets excluded:
- Unrealized PnL in futures accounts
Only base assets are counted; unrealized floating PnL from open positions is excluded. - Assets locked in other Launchpad projects
Assets already locked for another Launchpad subscription will not be counted again.
Notes:
- The specific calculation method is subject to system calculations.
- If the project page provides additional explanations, the project page shall prevail.
III. Eligibility & Regional Restrictions
Basic Account Requirements
- A registered BloFin account with required security verifications completed (email, phone, 2FA, etc.).
- Account status must be normal and not frozen or restricted.
- The account must not be blacklisted due to suspected violations, money laundering, or malicious arbitrage.
KYC
KYC is not mandatory for Launchpad participation.
Users are responsible for ensuring their use of BloFin and Launchpad complies with laws and regulations in their jurisdiction.
Restricted Countries/Regions
BloFin reserves the right to restrict Launchpad access for users from certain countries or regions for compliance and risk reasons.
Restricted regions will be announced via platform notices, help center articles, or event pages.
If users bypass restrictions through false information or proxy tools, BloFin may take actions including but not limited to: cancellation of eligibility, account freezing, or reward recovery.
IV. Registration & Subscription Process
Process Overview
A typical Launchpad flow (subject to the project announcement) is as follows:
- Announcement → project rules, timeline, snapshot details
- Snapshot (if enabled) period → hourly snapshots, daily averages
- Registration period → eligible users click “Register”
- Subscription period → registered users subscribe with designated assets
- Allocation & distribution → token allocation, unused funds refunded
- (If applicable) Token listing → trading/transfer/withdrawal enabled
Registration Rules
- Users may register only if all participation conditions are met (including snapshot requirements, if applicable).
- Registration is deemed complete only when the user actively clicks the “Register” button during the registration period and the system confirms successful registration.
By registering, users confirm that they have read and agreed to:
- This BloFin Launchpad User Notice
- The BloFin Launchpad Risk Disclosure & Disclaimer
- The current project announcement and all supplementary terms
Subscription Rules
- Only successfully registered users may subscribe during the subscription period.
- Users must select the asset type and amount; the system will lock the corresponding assets.
- Once confirmed, subscriptions cannot be canceled or modified, subject to project rules.
- Registered users who fail to subscribe during the subscription period are deemed to have forfeited participation.
V. Subscription Amount & Allocation Rules
Subscription Limits
Minimum subscription amount, per-user hard cap, and total fundraising size are subject to the project announcement.
BloFin may adjust limits based on project requirements, market conditions, or risk controls, with notice.
Allocation Formula
Final token allocation:
- (User’s subscribed amount / Total subscribed amount) × Total tokens allocated
If a per-user hard cap applies:
- Allocation is capped at the maximum limit.
- Excess subscribed assets corresponding to the capped portion will be refunded.
Example
- Total tokens allocated: 1,000,000
- Total USDT subscribed: 10,000,000
- Your subscription: 50,000 USDT
Theoretical allocation:
- 50,000 / 10,000,000 × 1,000,000 = 5,000 tokens
If the per-user cap is 4,000 tokens:
- Actual allocation: 4,000 tokens
- USDT corresponding to the extra 1,000 tokens will be refunded after settlement.
VI. Asset Locking & Unlocking
Locking Rules
- Assets are locked upon subscription submission.
- Locked assets cannot be traded, withdrawn, or transferred before the event ends.
- Locked assets are excluded from snapshots for other Launchpad projects.
Unlocking & Refunds
After allocation:
- Assets used to purchase tokens are deducted and tokens are distributed.
- Unused assets are unlocked and returned.
The distribution schedule is subject to project announcements and the event page.
VII. Multiple Projects & Other Promotions
Multiple Launchpad Participation
Users may participate in multiple Launchpad projects simultaneously, provided all requirements are met and assets are sufficient.
Relationship With Other Platform Activities
Under the current rules, BloFin Launchpad does not have a default conflict with other platform events (such as trading competitions, deposit cashback, etc.).
If a specific event is mutually exclusive with Launchpad, this will be explicitly stated in the official announcement for that event.
VIII. Risk Control & Compliance
IP & Device Monitoring
BloFin implements risk monitoring on multiple accounts under the same IP address or device to prevent activities such as fake account creation and malicious arbitrage.
If suspicious activities are detected, BloFin reserves the right to take actions including, but not limited to: disqualifying the accounts from Launchpad participation, freezing the accounts, and revoking rewards.
Multiple Accounts & Abuse
Users shall not bypass platform risk controls or event restrictions by means such as bulk registration of accounts or using another person's account.
Upon detection, BloFin reserves the right to combine the participation records of all related accounts, disqualify all associated accounts from the Launchpad event, and take further actions in accordance with the User Agreement.
Rights of BloFin
To ensure the fairness, compliance, and safe operation of events, BloFin reserves the right, in accordance with applicable laws and regulations, to:
- Adjust, suspend, terminate, or cancel a specific round or part of a Launchpad event;
- Modify event rules when necessary (including but not limited to schedules, subscription limits, eligibility criteria, etc.), with changes communicated to users through official announcements or on the event page.
IX. FAQ
Q: How do I participate in BloFin Launchpad?
A: You may participate by following these steps:
- Log in to BloFin
- Navigate to Spot → Launchpad
- Click Register during the registration period
- Complete Subscription during the subscription period by selecting the designated asset and amount
Please note: eligibility requirements (including snapshot requirements, if applicable) must be met before registration is permitted.
Q: Where will the subscribed tokens (Token/Coin) be distributed to after allocation?
A: Upon completion of allocation and distribution, the subscribed Token/Coin will be credited to the user’s Funding Account. For users under the Unified Account mode, the Token/Coin will be credited to the Funding Account.
Q: Is there a minimum distribution precision for Token/Coin allocation?
A: Yes. The final distribution precision for Token/Coin is 0.00000001. Amounts below this precision will not be distributed.
Q: What rules govern the token distribution process?
A: Token distribution will be executed in accordance with the rules displayed on the Launchpad event page and the official project announcement for the relevant Launchpad round. If there is any inconsistency, the event page and announcement shall prevail.
Q: If I fail to meet the requirement on one day during the snapshot period, does it only affect my subscription quota for that day?
A: No. You will directly lose eligibility for the current Launchpad event registration. For projects with snapshots enabled, the requirement is that the daily average assets for each day during the snapshot period must be ≥ the threshold. Failure to meet the requirement on any single day will disqualify you from registering for the event.
Q: After registering, can I cancel my registration if I decide not to participate?
A: The specific policy is subject to the project announcement. Generally:
- If you have only registered but not subscribed, your subsequent assets will not be affected.
- Once the subscription phase begins and you complete a subscription, the corresponding assets are locked and the subscription cannot be revoked.
It is recommended to confirm your willingness and risk tolerance before registering or subscribing.
Q: If snapshots are not enabled for this project, how do the participation criteria differ?
A: If snapshots are not enabled for a project, typically only the following conditions apply:
- Account status is normal.
- A specific token balance or other general Launchpad participation criteria are met.
Please refer to the “Eligibility” section on the project page for specifics.
Q: Can I participate in multiple Launchpad projects simultaneously?
A: Yes. On BloFin, users can register and subscribe to multiple Launchpad projects at the same time, provided they meet all individual project requirements and have sufficient assets.
Q: Does participation in Launchpad guarantee profits?
A: Launchpad participation is not a risk-free investment. New tokens may experience significant volatility or even lose all value.
Please ensure you read the “BloFin Launchpad Risk Disclosure & Disclaimer” and make informed decisions carefully.