Binance Launchpad’s 30th project, Space ID token sales, is starting! This project will be in the standard Launchpad subscription format.
Space ID Token Sales Started
Recently, Binance announced the launchpad of the Space ID project on its social media account. According to the announcement, Binance’s standard launchpad will be in subscription format. Binance launchpad will start on March 17, 2023, and end on March 22, 2023. During the five-day period, BNB balances will be calculated with snapshots on an hourly basis. The final BNB hold amount for each user will be determined as a five-day average using the Daily Average BNB Balance calculation.
Details
The hard cap for Space ID token is set at USD 15,000 (600,000 IDs) per user and is set at USD 2,500,000.00. The total supply of Space ID tokens is 2,000,000,000,000, of which 5% is reserved for Binance Launchpad.
Also, the price of Space ID for public sale is 1ID = 0.025 USD. Binance Launchpad membership is only backed by BNB, and users who wish to join must commit to their BNB during the three-hour subscription period on March 22, 2023.
Commit After
After the commit, users’ BNB tokens will be locked, and users will not be able to transfer, trade, or withdraw with locked tokens until the final token distribution is made. The final token allocation will be calculated on March 22nd, 2023, and the corresponding BNB will be deducted from the user’s already-locked BNB amount. Once deducted, the ID and BNB tokens will be transferred to the user’s spot wallet.
Space ID has a limited supply and a reasonable hard cap. Interested investors can subscribe to this project to get a good return on this project by conducting in-depth research.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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