The farming pools have recorded a TVL (total value locked) of $5.46 billion in BUSD, 143.5 million BNB, and a significant amount of cryptocurrencies including BTC, ETH, DOT, and several others. Those tokens are now worth $209.8 million, 146.04% higher on the aggregate, even considering the downturn trends of the past two months for crypto. The platform was able to distribute a total of $85.3 million in tokens from 17 completed projects. This year, Launchpad was able to secure commitments worth a total of 38.2 million BNB ($10 billion) from interested participants, which represents how highly anticipated the token launches are.īinance Launchpool, which was introduced in September 2020, currently features 19 projects, two of which have ongoing farming periods. Right now, the total value of those tokens are at $725.2 million, showcasing an aggregate 11.5x growth in value to participants who are able to purchase tokens on the platform. Right now, those tokens are worth $934 million in total.īinance Launchpad, the older of the two platforms with projects dating back to 2019, has sold a total of $57.8 million in tokens across 23 projects. The two platforms combined have distributed $143 million in total tokens to both buyers on Launchpad and crypto farmers on Launchpool. On the surface, both Binance Launchpad and Launchpool deliver on their goals of delivering growth to crypto projects, their respective tokens, and the Binance users who gain access to them. But how exactly do they differ, and what makes one more valuable to you specifically when compared to the other? Launchpad and Launchpool: Delivering Growth to Crypto Holders In other words, both Binance Launchpad and Launchpool help quality projects fundraise, while also allowing crypto users and investors to generate great returns. The platforms also provide support for promising crypto startups with the eventual goal of helping drive awareness and adoption for their respective projects, by guiding them on how to best launch and advertise their tokens. Both platforms aim to support the crypto ecosystem by offering first-look access to promising crypto tokens to all of the Binance users. If you’ve been using Binance for a while now, chances are high that you’ve come across both Binance Launchpad and Binance Launchpool. The WazirX token sale on Binance Launchpad will enable WazirX to introduce its technology outside of India and allow the Binance community, and beyond, to learn about and support the WazirX team.” said Binance CEO and Founder, CZ (Changpeng Zhao).Binance has built an entire ecosystem of services that tailor to the needs of just about any cryptocurrency trader, user, or holder. WazirX’s team has found an effective solution to this problem by developing a unique P2P engine. Despite the fact that the crypto industry is actively developing, сonversion from fiat into crypto and vice versa still remains a significant barrier to furthering crypto adoption. “In 2020, Binance Launchpad continues to pursue its mission to support innovative crypto and blockchain startups. The launch of WRX on Binance is expected to further fuel this trend. According to an estimate, there are currently more than 5 million crypto traders in India and the figure seems to be constantly growing. In India, over 200,000 local users are able to deposit and withdraw cryptocurrencies, as well as use WazirX’s unique peer-to-peer solution to cash in and cash out cryptocurrency to Indian rupees with ease and speed. WazirX is focused on solving the fiat-to-cryptocurrency conversion problem and simplifying the process of depositing and withdrawing fiat. The token sale on Binance Launchpad will commence at 00:00 UTC on Februwith a lottery-format ticket claim. WazirX, a bitcoin exchange with an auto-matching P2P (peer-to-peer) engine, has launched its token sale (WRX) over Binance Launchpad, Binance’s token launch platform for transformative blockchain projects. WazirX to drive its token sale over Binance Launchpad on February 3rd 2020
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