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 Token Sale of Axie Infinity--a Pokémon-inspired digital pet universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem.
The Axie Infinity team is building a digital pet game that allows users to virtually battle, collect, raise, and build a land-based kingdom for their pets called “Axies.” With over 7,000 on-chain monthly active users, Axie Infinity is now the most-used game and #1 NFT game on Ethereum by monthly and weekly active users.
The token sale was conducted through a single session where participants purchased AXS tokens using BNB.
In this session, all 29,700,000 AXS tokens were sold to Launchpad participants who drew and claimed winning lottery tickets.
The timeline below provides an overview of how the Axie Infinity Tokens was conducted:
November 03, 2020, 00:00 (UTC): Binance Launchpad ended the 8-day period for recording BNB balances on an hourly basis each day.
November 03, 2020, 6:00 AM (UTC): The ticket claim process opened for all eligible users for a 24-hour period. Users were also required to sign the Token Purchase Agreement during this time.
November 04, 2020, 06:00 AM (UTC): The ticket claim process closed. 22,096 users participated in the lottery claiming a total number of 158,315 tickets. Binance Launchpad began the lottery draw.
November 04, 2020, 08:00 AM (UTC): Binance Launchpad announced that there are 14,850 winning tickets, held by 12,287 total winners. That puts the percentage of winning participants at 55.61% of all 22,096 users and the percentage of winning tickets at 9.38% of all 158,315 tickets claimed. 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 spot account.