.SpaceIDProtocol received over 8.4 million BNB tokens in commitments from 99,000 holders over a 48-hour period. By shauryamalwa.
Binance launchpads continue to be a lucrative and hyped bet for traders looking to get allocations to tokens of new projects.
All of that money won’t flow into Space ID’s ID tokens, however, as the project’s hard cap for funding is a relatively paltry $2.5 million. These tokens were offered at a rate of 0.00007412 BNB for each 1 ID, with 100 million ID offered in total. Space ID is a Web3 domain management, allowing users to exchange, register and manage crypto-based domain names. ID can be used on the platform as a governance token.
After the BNB holding period, a claim ticket button will appear for 24 hours to users which need to confirm their lottery tickets, after which the lottery will start and the winners will automatically allow users to become participants of the token offering in exchange for BNB tokens.
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