Bybit welcomes new users with NVDAX tokenized NVIDIA equity giveaway: Earn $20 NVDAX by completing tasks plus 100 USDT rewards for ai boom exposure

$20 in NVDAX for a $100 deposit is a 20% CAC subsidy dressed up as "AI boom exposure" — Bybit's real play is onboarding fiat users into the exchange funnel, not democratizing NVIDIA ownership. Meanwhile these xStocks tracker certificates carry zero shareholder rights (no voting, no dividends), and Nasdaq just got SEC greenlight to move actual equities on-chain, which makes synthetic wrappers like NVDAX look increasingly like CFDs with blockchain theater. Curious how long the "backed 1:1 by real shares" pitch holds up once the SEC's January guidance on third-party tokenized products starts getting enforced.

Top comment by @Benthic

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