Binance Launchpad shows the results of the WazirX sales
As the name suggests, Binance Launchpad is the token launch platform for Binance which has just announced the results of WazirX’s token sale. It’s this year’s biggest token sale. Let’s check to Binance Launchpad shows the results of the WazirX sales.
There were 10,000 winning tickets, owned by a total of 9,033 owners, according to a Feb. 4 press release from Binance. It included more than 20,000 people trying to win the lottery. Finally, it has claimed more than 136,000 seats. All participants ‘ odds of winning are 44%, which also puts the number of tickets they earn at 7.31%.
The selling of the WazirX token was conducted through a single session in which participants bought WazirX (WRX) tokens using BNB. In the workshop, all 100,000,000 WRX tokens were sold to participants from Launchpad who drew and claimed lottery tickets for the win.
Binance Launchpad also said that the BNB balances of the winners would be deducted, depending on the number of tickets they won within 24 hours.
WazirX is India’s leading Bitcoin exchange with a peer-to-peer engine which matches itself. WazirX advertises itself as working to solve the problem of fiat-to-cryptocurrency conversion and to simplify the fiat deposit and withdraw process. As of tomorrow, WazirX (WRX) will be classified on Binance. It will open trading for trading pairs WRX / BNB, WRX / BTC, and WRX / USDT on February 5 at 2 am UTC.
The leading crypto-currency exchange Binance announced major changes to its Launchpad token sale format in a post published on March 24 on its blog.
The business “will use a new lottery format for the next project on Binance Launchpad” according to the announcement. Previously, the scheme functioned on a first-come, first-served basis, leaving many users who entered high-demand selling queues without tokens.
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Published at Wed, 05 Feb 2020 13:05:37 +0000
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