Over 8.6 million BNB tokens have been locked for the SPACE ID BNB sale on Binance Launchpad.
As Coin68 announced , SPACE ID is the 30th project available on Binance Launchpad. The ID token sale will follow the usual registration format, i.e. the number of tokens that users receive depends on the amount of BNB they hold in the specified 5 days. Binance started taking snapshots of user BNB balances from 07:00 AM on March 17 to the same time on March 22 (Vietnam time).
Token sale ID information:
- Launchpad Hard Cap: $2,500,000
- Hard Cap per User: $15,000 (600,000 IDs)
- Total supply: 2,000,000,000 ID
- Total Allocation for Binance Launchpad: 100,000,000 IDs (5% of total supply)
- Price: 1 ID = 0.025 USD
- Only accept payment in BNB
To date, over 8.6 million BNB tokens ($2.88 billion at market price) from 104,000 holders have committed to participate in the token sale. This number is even 3.4 times the hardcap of the project.
SPACE ID is a project providing Web3 domain name registration, transaction and management services. Currently they have developed on 3 different blockchains including BNB Chain, Arbitrum and Ethereum. The ID is used as the project's governance token. Three days ago, SPACE ID closed the AirDrop schedule for users on March 22 – one day before Arbitrum's claim schedule . At the same time, the project also announced the launch of Voyage season 2 and the next AirDrop plan.
In the past, projects with their name on Binance Launchpad often reaped many rewards after listing tokens. For example, Hooked Protocol – the 29th project launched by Binance – has raised 9 million BNB committed for the token sale event, at 0.1 USD per coin. But the current price of $2.05 has brought 1.950% profit for IEO investors.
At the time of writing, Binance has not announced the listing of IDs and the price of BNB has decreased after each Launchpad balance calculation as usual.
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