Binance tokensale on Launchpad

By April 1, 2019 20:47

Binance exchange-coinconomist

Big crypto exchange Binance announced the Tokensale of the Matic Network project, which will begin April 24 at 8:00 UTC.

In this case, as reported earlier in the Binace blog, the number of lottery tickets to the account will depend on the size of the steak in BNB for 20 days before the IEO. The maximum number of tickets one user can receive is 5.

Within 20 days, a lottery will take a snapshot of BNB deposits (daily at 0:00 UTC) to monitor the fulfillment of conditions. The winner will be chosen by the randomiser.

Through Launchpad, 1.9 billion tokens will be distributed to MATIC, representing 19% of the total emissions. The price of one token is $ 0.00263, but the payment will be accepted solely in the Binance Coin (BNB).

Note that Matic Network is the second layer solution for Ethereum. At the same time, it supports the Plasma framework and a decentralized PoS-validator network. This project intends to use Sydney for offshine computing, which will allow developers to create and maintain the work of various Dapps.

Read more here.

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By April 1, 2019 20:47