Binance will have 'at least one new token launch every month' on its redesigned token platform
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Quick Take
- Binance is relaunching its token sale platform Launchpad to have more engagement with the project and a very diligent selection process
- Binance will be advising projects on token allocation, governance structure amongst other aspects
- Launchpad will reportedly have at least one new token sale every month in 2019 starting with BitTorrent and Fetch.AI
Binance, the largest cryptocurrency exchange, is relaunching its token sale platform Launchpad, the firm announced Thursday. The Launchpad platform originally went online in August 2017 and facilitated two token sales — BREAD and GIFTO — in the midst of the ICO mania at the end of 2017. BREAD raised $6 million, whereas GIFTO raised $3.4 million. […]
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