![]() ![]() Within the three-hour interval, users must sign Binance’s Token Purchase Agreement before pleading with BNB. The subscription period for Open Campus on the launchpad would be on April 28 from 06:00 UTC to 09:00 UTC. Within this timeframe, user BNB balances would be calculated hourly every day. Per the subscription timeline, users have a preparation period from April 23 to 28, both at 00:00 UTC. Besides, its token sales format is “subscription only” and has a supported session only on BNB. Binance noted that its price in BNB would be determined before subscription. Open Campus has a public sales token price of 1 EDU per $0.05. It has a hard cap per user of $15,000, equivalent to $300,000, and a token supply of one million EDU.įurthermore, the total coins allocated to Binance Launchpad consist of 5% of its total token supply, equating to 50.00 million EDU. The launchpad hard cap of Open Campus (EDU) is $2.50 million. The metric used would be the Daily Average BNB Balance calculation. Each user’s concluding BNB holding amount would be identified as the average of that period. ![]() It would be from April 23 to 28, both at 00:00 UTC. The token sale would follow the Launchpad subscription format, including the list of user BNB balances beginning on April 23 at 00:00 UTC.Īccording to the announcement from Binance’s website, the Open Campus webpage is gauged to be available four hours after its launch.įor five days, Binance will record the users’ BNB balances. ![]() All other services shall remain functional,” it said in the blog post.Binance announced on April 20 that the Open Campus (EDU) would be its 31st project on the Binance launchpad. “Bybit does not support any Korean won markets, such as won denominated trading pairs, payments, or transactions. In a blog post published on 17 September, the company said it will discontinue Korean language support from its platforms and its official South Korean community on social media. The BitDAO treasury balance currently stands at over $520 million, the company said in the press release.īybit’s debut of its new launchpad platforms comes just hours after the company announced it will begin winding down its presence in South Korea due to regulatory pressure. At 2021 rates, the contribution is projected to exceed $1 billion per year. The first token to list on Bybit Launchpad is BIT, the native cryptocurrency of BitDAO, which is currently one of the largest decentralized autonomous organizations (DAOs) on the market and is supported by industry leaders Peter Thiel, Pantera, SushiSwap, Polygon, Dragonfly, Alan Howard, and others.Īs an initial proponent of BitDAO, Bybit pledged to contribute 2.5 basis points of futures trading volume to BitDAO’s treasury. “We at Bybit are constantly inspired and amazed by the intrepid and imaginative experimentation in the crypto space and the talented and committed folks working for a better future of finance,” he said in the company’s press release. Ben Zhou, the Co-Founder and CEO of Bybit, said the goal of the platform was to shine a light on promising projects and bring game-changing innovations to a wider audience. According to a press release published on 17 September, the Launchpad was designed to help connect innovative crypto projects and users interested in gaining early exposure to those DeFi protocols.īybit Launchpad is already available to the exchange’s users who have completed the first level of Bybit’s KYC, which ensures compliance with local regulatory requirements. Cryptocurrency derivatives exchange Bybit announced the launch of its token launch platform called Bybit Launchpad. ![]()
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