Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: shadow.bishop on March 22, 2019, 04:55:01 PM
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According to a number of Changpeng Zhao's tweets, the next token sale on the Binance Launchpad will follow different rules.
Here is the CZ's tweet;
https://twitter.com/cz_binance/status/1108938364978225153?s=12
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Update to the Binance Launchpad Token Sale Format;
Summary
- The next Binance Launchpad token launch will be conducted as a lottery, instead of a first-come-first-served system.
- The number of tickets you can claim depends on the amount of BNB you hold over a 20-day period in a Binance account leading up to the day of the lottery, up to a maximum of 5 tickets per eligible account.
- The lottery draw will be done via a transparent, randomized system with a random selection of lottery tickets based on tail digits (explained below).
- Account verification (KYC) and country restrictions will still apply.
Source;
https://www.binance.com/en/blog/316491046311071744/Update-to-the-Binance-Launchpad-Token-Sale-Format
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Binance has launched the issuance of tickets for participation in the Matic Network lottery on Binance Launchpad.
Issue of tickets will be end April 25 8:00 UTC.
For more details;
https://launchpad.binance.com/en/lottery/50e5b04707b44d4aa4478739477d8a57