2/26/2024 0 Comments Fetch ai binance launchpadBinance Launchpad: key differencesīoth Binance Launchpad and Binance Launchpool are important services that Binance is offering to help projects grow. The service will help to fund projects on Binance Launchpad and increase the price of Binance tokens over time. This will help to increase the price of these tokens over time.īinance Launchpool is essentially a staking service that allows users to earn rewards by holding Binance tokens in the pool. The Binance team will use a portion of the funds raised through Binance Launchpool to buy back BNB, BUSD, and BKRW from the market. The pool will be used to provide funding to selected projects on Binance Launchpad. What is Binance Launchpool? Binance Launchpoolīinance Launchpool is a new service that Binance has introduced to help users earn rewards by staking their BNB, BUSD, and BKRW in the pool. Binance Launchpool will help projects with the initial distribution of their tokens and provide a boost to their visibility. The service allows users to stake BNB, BUSD, or BKRW in order to earn newly launched tokens. ![]() What is Binance Launchpool?īinance Launchpool is a new service that Binance is offering to help projects with an initial distribution of tokens. Binance Launchpad is one of the most popular launchpads in the crypto space, as it has helped a number of high-profile projects raise funds for their businesses. What is a launchpad in crypto?Ī launchpad is basically a platform that provides support to upcoming projects in terms of marketing, community management, and technical assistance with the goal of helping them reach a wider audience and increase their visibility. Binance Launchpad has helped a number of high-quality projects, such as BTT, Fetch.AI, Celer Network, Safe Haven, and WINk, raise funds for their businesses. The Binance Launchpad team also provides technical support to help projects with their token sale and listing on. The platform provides a wide variety of services, such as marketing, PR, and community management, to help projects increase their visibility and reach a wider audience. What is Binance Launchpad?īinance Launchpad is Binance’s exclusive token sale platform that helps blockchain projects raise funds to develop their businesses. In this article, we will take a look at the key differences between Binance Launchpad and Binance Launchpool. Binance is now looking to entrench its position in the industry by offering new services like Binance Launchpad and Binance Launchpool. Until the Fetch mainnet goes live, the FET token will exist as an ERC-20 standard token on. The Launchpad token sale represented 6% of the token’s total supply. The ledger’s consensus algorithm is called uPoW (useful proof-of-work), which seeks to make the computational power that is used to secure the ledger also perform other useful tasks for the network’s participants. The Fetch.ai project is using artificial intelligence alongside blend of the blockchain and DAG (directed acyclic graph) data structures to build a scalable and stable ledger. Now, we’ll have to wait and see what the market decides once FET trading goes live. At the moment, BTT is trading 7 times higher than its ICO price (in terms of USD value). The strong demand can probably be attributed in part to the strong performance of the BTT token, which also launched on Launchpad. All in all, it took 11 minutes and 14 seconds to finalize the sale according to Binance.įetch.ai raised approximately $6 million worth of through the sale. According to Binance CEO Changpeng Zhao, the hard cap was hit in a mere 22 seconds, with 2758 people getting to purchase tokens. ![]() This time, it was the Fetch.ai project that was raising funds, and demand was extremely high once again. Yesterday, Binance hosted its second ICO of the year, following the BitTorrent token sale on January 28.
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