We are in the process of moving our BingoToken back to Binance Chain (From Cardano Native Token) because of some hurdles for our business model on the Cardano Blockchain. One of which is the fact that we can't sell Cardano Native Tokens on a DEX yet and we have a number of investors asking to invest right now!
The change means that we will be able to use the Binance DEX to make our token available for sale without a minimum order quantity requirement.
We minted a token on the Binance chain as a BEP8 (Mini) Token with a Max Supply of 1 Million Tokens, therefore the initial price will be USD $0.5 per token instead of $0.05 for the Cardano Native Token which had a 10M max supply.
Asset Info:
https://explorer.binance.org/asset/BNGO-9D3M
The BingoToken will be available for trade against BNB:
https://www.binance.org/en/trade/mini/BNGO-9D3M_BNB
We will place a sell order for the remaining quantity of the first 1% at $0.50 USD (at the equivalent price in BNB) tomorrow, 30th November at 11:00 UTC
I.e. as just over 1007 tokens have already been sold, the order will be for 8992.79 tokens at about 0.00081 BNB.
We also changed our distribution model to include some LaunchPads in the future:
· 15% to the team members
· 1% to initial investors at $0.50 USD per coin (on Binance DEX)
· 1% to initial investors for at least $0.75 USD per coin (on Binance DEX) - Price to be determined based on success of the $0.50 USD sale
· 1% to initial investors for at least $1.00 USD per coin (on Binance DEX)
· 5% on IDO or equivalent on a reputable Launchpad (Launchpad, Date and Price To be Confirmed)
· 12% for release on large exchange Launchpad (Exchange, Date and Price To be Confirmed)
· 65% distributed via the BingoChain ecosystem through game play.
We are targeting trustpad.io for the initial launchpad and Binance for the large exchange launch.
Hope you can grab some BingoTokens at the $0.50 price!
The change means that we will be able to use the Binance DEX to make our token available for sale without a minimum order quantity requirement.
We minted a token on the Binance chain as a BEP8 (Mini) Token with a Max Supply of 1 Million Tokens, therefore the initial price will be USD $0.5 per token instead of $0.05 for the Cardano Native Token which had a 10M max supply.
Asset Info:
https://explorer.binance.org/asset/BNGO-9D3M
The BingoToken will be available for trade against BNB:
https://www.binance.org/en/trade/mini/BNGO-9D3M_BNB
We will place a sell order for the remaining quantity of the first 1% at $0.50 USD (at the equivalent price in BNB) tomorrow, 30th November at 11:00 UTC
I.e. as just over 1007 tokens have already been sold, the order will be for 8992.79 tokens at about 0.00081 BNB.
We also changed our distribution model to include some LaunchPads in the future:
· 15% to the team members
· 1% to initial investors at $0.50 USD per coin (on Binance DEX)
· 1% to initial investors for at least $0.75 USD per coin (on Binance DEX) - Price to be determined based on success of the $0.50 USD sale
· 1% to initial investors for at least $1.00 USD per coin (on Binance DEX)
· 5% on IDO or equivalent on a reputable Launchpad (Launchpad, Date and Price To be Confirmed)
· 12% for release on large exchange Launchpad (Exchange, Date and Price To be Confirmed)
· 65% distributed via the BingoChain ecosystem through game play.
We are targeting trustpad.io for the initial launchpad and Binance for the large exchange launch.
Hope you can grab some BingoTokens at the $0.50 price!
explorer.binance.org
Dex Explorer
Binance Dex Explorer
Sell order placed for first 1% of BingoToken:
https://www.binance.org/en/trade/mini/BNGO-9D3M_BNB
https://www.binance.org/en/trade/mini/BNGO-9D3M_BNB
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