Binance announces its 31st project on Binance Launchpad – Open Campus (EDU). The Open Campus token sale will follow the Launchpad registration format, with recording of user BNB balances starting from 7:00 a.m. on April 23, 2023 to 7:00 a.m. on April 28, 2023, Vietnam time.

The final BNB holdings for each user will be determined by a five-day average method.

EDU token sale details:

  • Tên token: Open Campus (EDU)

  • Hard cap: 2.500.000 USD

  • Hard cap per user: 15,000 USD (300,000 EDU)

  • Total token supply: 1,000,000,000 EDU

  • Total tokens allocated to Binance Launchpad: 50,000,000 EDU (5% of total token supply)

  • Public sale price: 1 EDU = 0.05 USD (price in BNB will be determined before registration)

  • Sales format: Subscription

  • Supported sessions: BNB only

Registration timeline:

  • Preparation period from 7:00 a.m. April 23, 2023 to 7:00 a.m. April 28, 2023 Vietnam time: During this period, users' BNB balances will be calculated based on hourly snapshots for each day during the period. five day period. The final average daily BNB balance over these five days will determine the user's maximum committed BNB purchase amount going forward.

  • Registration period from 13:00 April 28, 2023 to 16:00 April 28, 2023 Vietnam time: Registration will open at this time for all eligible users, for a period of three hours. Users must also sign the Token Purchase Agreement at the same time, before pledging their BNB. Please note that once pledged, BNB will be locked and users will not be able to redeem or access any other functions such as transfers, withdrawals or trading until token distribution is complete.

  • Results calculation time is from 4:00 p.m. on April 28, 2023 to 5:00 p.m. on April 28, 2023 Vietnam time: Registration is closed and the token allocation calculation process begins.

  • Token distribution 5:00 p.m. April 28, 2023 Vietnam time: The final token distribution will be calculated and the corresponding BNB amount will be deducted from the user's locked BNB amount. After deduction, both EDU and BNB will be transferred to the user's spot wallet.