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Introducing the WINk (WIN) Token Sale on Binance Launchpad
Binance
2019-07-22 10:46

Fellow Binancians,

Binance is excited to announce the next project on Binance Launchpad - WINk (WIN). The WINk token sale will follow a lottery format, with the recording of user BNB balances starting at 2019/07/24 00:00 AM (UTC)

Please note the following changes and important information for this session:

  • User BNB balances will be snapshotted at 0:00 AM UTC each day. 
  • BNB in Binance Margin Accounts will not count towards each user’s BNB balance for Launchpad ticket claim.
  • The number of tickets claimable and the corresponding amount of BNB required for each category has also been updated, as outlined further below.

Please ensure that you follow the timeline further down below carefully if you wish to participate.

Token Sale Details: 

  • Token Name: WINk (WIN)
  • Launchpad Hard Cap: 6,000,000 USD
  • Total Token Supply: 999,000,000,000 WIN
  • Total Tokens Allocated to Binance Launchpad: 49,950,000,000 WIN (5% of Total Token Supply)
  • Public Sale Token Price: 1 WIN = 0.0001201 USD (price in BNB will be determined prior to the lottery draw date)
  • Token Sale Format: Lottery
  • Max Number of Winning Lottery Tickets: 200,000
  • Allocation Per Winning Ticket: 30 USD (249,750 WIN)
  • Supported Sessions: BNB only
  • WINk (WIN) will be issued on Binance Chain as a BEP2 asset and will also exist concurrently  as a TRC20 asset.

Lottery Timeline:

  • 2019/07/24 00:00 AM (UTC) to 2019/07/30 00:00 AM (UTC): During this period, user BNB balances will be recorded 7 times at 0:00 AM (UTC) each day over a 7-day period. Your final average daily BNB balance over these 7 days will determine the number of tickets that you will able to claim.
  • 2019/07/30 06:00 AM (UTC): Ticket claim will open at this time for all eligible users for a 24 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to completing the ticket claim. Please note users will only be able to claim tickets once. 
  • 2019/07/31 06:00 AM (UTC): Ticket claim closes and the lottery draw begins.
  • 2019/07/31 08:00 AM (UTC): Winning tickets are announced and the respective BNB will be deducted from the winning users’ accounts. Please ensure you have sufficient BNB in your account to deduct be deducted within 24 hours if you have a winning ticket. 

Lottery Ticket Allocation

Users will be able to claim up to a maximum of 25 lottery tickets based on their daily average BNB holdings (represented by X below) over the 7-day period leading up to the lottery draw date.

For example, 50 ≤  X < 100 means that your average BNB balance over the entire specified period is kept at 50 BNB or more, but does not exceed 100 BNB. 

Daily Average BNB balance (X)

No. of Lottery Tickets

50 ≤  X < 100

5

100 ≤  X < 150

10

150 ≤  X < 200

15

200 ≤  X < 250

20

X ≥ 250

25

 

Average BNB Holdings Calculation

An example of the average BNB holdings calculation for each user is below. 

Snapshot (UTC)

BNB Holdings

Snapshot 1: 2019/07/24 00:00:00 AM

100 BNB

Snapshot 2: 2019/07/25 00:00:00 AM

100 BNB

Snapshot 3: 2019/07/26 00:00:00 AM

100 BNB

Snapshot 4: 2019/07/27 00:00:00 AM

100 BNB

Snapshot 5: 2019/07/28 00:00:00 AM

50 BNB

Snapshot 6: 2019/07/29 00:00:00 AM

50 BNB

Snapshot 7: 2019/07/30 00:00:00 AM

50 BNB

Average BNB Calculation

(100 + 100 + 100 + 100 + 50 + 50 + 50) / 7 = 78.6 BNB

Total Eligible Ticket(s)

5 Tickets

 

To learn more about the winK (WIN) project, read our in-depth Binance Research Report here.

For more details on our 7th Launchpad project WINk, read our blog post: Binance Launchpad Announces its First Gaming Project ‘WINk’.

WINk Project Links:

Website: https://wink.org

Whitepaper: WINk

Telegram: https://t.me/WINk_org_official 

Reminder: Users need to complete their account verification and also be from an accepted jurisdiction to participate in this token sale. 

* Users from the following countries will not be able to participate in token sales 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

Risk warning:

All investments are subject to high market risk. Please make your investments very cautiously. Binance will choose high-quality projects, but will not be responsible for any investment losses.

Thanks for your support!

Binance Team

2019/07/22

 

Find us on 

Telegram: https://t.me/binanceexchange

Twitter: https://twitter.com/binance

Facebook: https://www.facebook.com/binance 

Instagram: https://www.instagram.com/binance 


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