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Well, I was not sure either, but I dediced to give it a try.
This is about getting Jambo (J) at a very good (I guess) price before it goes out to be published for trade. You commit as many BGB you want, and with those, you can buy equal amount of J upon its publication.
I am lucky because I had bought $BGB at a good price, before they climbed so high. I decided to commit around 50+ bgb - If it goes well, I ll make a post!

https://coinmarketcap.com/currencies/jambo/

Well, with the price of BGB currently, my 70 USDT couldn't get the minimum amount of BGB for commitment. I didn't seen it on time. I used most of my funds to buy HIVE yesterday.

Was a good move, I also got me some $hive yesterday :)
Dont worry about LaunchX - there will be more opportunities

Yeah, I will be on the lookout from now on.