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Author Topic: First Binance Smart Chain NFT Platform IDO Sells Out in Five Minutes  (Read 340 times)

Offline EAA-ALLAH

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DeFi exchange Polkastarter has seen huge successes with what it claims was its largest token offering to date, an NFT platform for the Binance Smart Chain.
The Polkadot-powered decentralized exchange launched the initial DEX offering (IDO) on April 27. In less than five minutes, it had sold out according to this tweet. The token sale was for a non-fungible token platform called Refineable. It’s a hub to create, discover, trade, and leverage NFT content on the Binance blockchain.
Polkastarter touted some impressive stats for the IDO including 8,000 users trying to access its website at the same time. There were two liquidity pools seeking collateral in Binance Coin (BNB) and the exchange’s own POLS token. Both sold out in less than five minutes, it added.
Half a million requests were made in those five minutes and there were over a thousand unique participants. However, there were lots of reports from those that missed out complaining about the website being inaccessible at the time due to the demand. Source

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