Binance Announces Expected Launchpad Project: Elrond
Elrond (ERD) announced that the next project to be sold token on the Launchpad platform of Binance, the crypto money exchange.
Binance, the crypto currency exchange, announced the next project to be sold token on the Launchpad platform: Elrond (ERD).
In a statement made today from the stock exchange, the record of BNB balances will be taken at a random time for 9 days from 22 June 2019 at 03:00 CET until 1 July 2019 at 03:00 CET. This took 7 days before, and the balance information was recorded at a specific time.
After this period, ticket requests will be received between 1 July 2019 at 09:00 and 2 July at 09:00.
A total of 3 million 250 thousand dollars Elrond (ERD) will be sold. For ERD, which will have 20 billion supply, 25 percent of this supply will be sold for 5 billion ERD.
1 ERD will be sold for $ 0.00065, the maximum number of tickets that can be purchased and won only by BNB will be 10,833. In previous Launchpad sales, this number was 16,666. Each ticket can be invested $ 300.
Winning ticket numbers will be announced at 11.00 pm on 2 July.
BNB on the rise
With Binance’s announcement of Elrond, the BNB’s price went up. The crypto currency increased from $ 34.42 to $ 35.9 in a matter of minutes.