Binance Launchpad, the exclusive token launch platform of Binance that helps transformative blockchain startups raise funding to develop their products and drive user adoption, has completed the sale of WINk (WIN) tokens. This is the seventh token sale of Binance Launchpad this year and the fourth token sale under the lottery rules. This is also the first token sale under the new version of lottery rules, which you can read here.
The token sale was conducted through a single session where participants purchased WINk (WIN) tokens using Binance Coin (BNB). In this session, all 49,950,000,000 WIN tokens were sold to Launchpad participants who drew and claimed winning lottery tickets.
The timeline below provides an overview of how the WINk (WIN) token sale was conducted:
July 30, 2019 00:00 (UTC): Binance Launchpad ended the 7-day period for recording BNB balances at 0:00 AM (UTC) each day.
July 30, 2019 06:00 (UTC): The ticket claim process opened for all eligible users for a 24-hour period. Users could also sign the Token Purchase Agreement during this time.
July 31, 2019 06:00 (UTC): The ticket claim process closed. 43,604 users participated in the lottery claiming a total number of 837,808 tickets. Binance Launchpad began the lottery draw.
July 31, 2019 08:00 (UTC): Binance Launchpad announced that there are 200,000 winning tickets, held by 40,870 total winners. That puts the percentage of winning tickets at 23.87%, among all 837,808 tickets claimed. Lottery winners will get 249,750 WIN tokens per winning ticket. The winners’ BNB balances will be deducted based on their number of winning tickets within 24 hours. If you won ticket(s) in the lottery, please ensure that you have sufficient BNB in your account.
WINk is aimed to become the blockchain industry’s premier gaming platform for users to play, socialize, and stake across multiple blockchain ecosystems. WINk’s previous incarnation, TRONbet, was the first DApp launched on the TRON network and since has become the leading gaming application in terms of active users and transaction volume across all major blockchains. Now, it boasts the largest library of games on the blockchain, such as Poker, Dice, and Slots, which have engaged a community of over 16,000 players. WINk platform provides a set of tools and other resources for developers that allows them to seamlessly create unique gaming dApps. WINk has also developed its own scaling solutions that have been implemented in its games, allowing them to eliminate transaction costs completely.
WINk (WIN) will be issued on Tron’s network as a TRC20 asset. For more information about WINk (WIN) tokens, read this comprehensive WINk research paper provided by Binance Research on the project.
* Users from the following countries are not able to participate in the WINk token sale on the Binance Launchpad platform: Albania, Bosnia & Herzegovina, Belarus, Democratic Republic of Congo, Cuba, Côte d'Ivoire, Iraq, Iran, North Korea, Liberia, Macedonia, Myanmar, Serbia, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.
This post does not constitute investment advice nor should it be misconstrued as such. Certain information set forth in this post contains forward-looking statements and are not guarantees of future actions by Binance or any of its affiliates. All investments are subject to high market risk. Please be cautious when making your investments. While Binance Launchpad exerts utmost care in choosing and supporting transformative blockchain projects, we will not be responsible for any investment losses.