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Tag Archives: binance launchpad

IEOs Are Not Dead: Binance Launchpad’s WazirX (WRX) Soars Over 600% The IEO Price

Binance completed its latest Initial Exchange Offering (IEO) recently, and it brought faith back to those who invest. Even though there have been talks that IEOs are virtually dead because of the low returns that the last few of them brought, WazirX’s sale seems to have turned things around once again.WazirX Soars Over 600% From IEO PriceWazirX was the latest Initial Exchange Offering to take place on the Binance Launchpad. It was completed on February 4th, and it raised a total of $2...

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Binance Announces WazirX IEO on Its Launchpad

Tuesday, January 21, Binance announces their next project on Binance Launchpad, it’s WazirX. Yes, that is the same they acquired back in November 2019. WazirX is an Indian based cryptocurrency exchange with a native token – WRX. As usual, this IEO takes place in a lottery format where Binance record user Binance Coin (BNB) balances in a specific time period. The exchange will record their user BNB balances for 30 days. To be honest, the lottery is already happening in full swing because...

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Matic Launches Public Staking Testnet amid Flurry of Progressive Updates

Matic Network – the Plasma-based layer-two scaling solution for Ethereum – has announced the live testnet of its public incentivized staking network, Counter Stake. Detailed in the latest project update by the Matic team, Counter Stake will encompass several stages, beginning with stage 0 (node setup stage), which is now available to the public.“We have therefore released a detailed step-by-step guide to assist you to install dependencies and set up your node, along with information in the...

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Binance Acquires Decentralized Blockchain Startup DappReview for Undisclosed Amount

“By working with Binance X [the company’s developer network] and Launchpad, DappReview will bring in more talented Dapp developers and assist promising Dapp projects on fund-raising. A lot more exciting synergies with Trust Wallet, Binance Research, etc. DappReview will partner with the public chains and protocols in the Dapp space through Binance’s ecosystem.”Niu further added that by Q1 2020, DappReview is planning to release a new set of analytical tools and products. Besides, this...

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Binance to Launch Its Troy IEO Tomorrow and Announces New Internal Transfer Feature

As CoinSpeaker has already reported, the Binance Launchpad Platform is all set to facilitate an Initial Exchange Offering (IEO) for a new crypto project dubbed Troy (TROY) tomorrow, December 3. Over the last month starting November 3, Binance has been recording users’ BNB balances.The final BNB balance will be the average of BNB tokens held over the last month. Based on the final BNB balance, Binance will decide the number of tickets a user can get for the TROY IEO.Furthermore, the...

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Binance Launchpad Platform Announces Troy Trade IEO

Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...

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New Defi Project Kava to Launch its Token on Binance Launchpad

It is announced that the decentralized finance (Defi) platform Kava is set to sell its tokens on the Binance Initial Exchange Offering (IEO) platform popularly referred to as Binance Launchpad. The event will start on the 23rd of October, 2019. The sales will involve a lottery and an airdrop. The IEO will feature the KAVA token at $0.46 and will also include 6.52% of the total tokens available. The event will also include an airdrop of $150,000 with a total of 326,087 tokens for the event....

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Binance Announces Completion of Band Protocol Lottery And Launches Three New BAND Pairs

Binance has announced the completion of the Band Protocol Lottery Draw which was first announced a week ago. The initial announcement revealed that the Band Protocol token sale will be hosted by Binance’s IEO platform, Binance Launchpad, as a way to support the startup. Binance also announced that the lottery will quickly follow the token sale and with an airdrop as well.Now, the announcement states that the Band Protocol lottery draw was completed with a 9.43% ratio of winning tickets and...

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