Binance, the world’s largest cryptocurrency exchange by trading volume, announced its new Launchpad project in its new announcement. The token sale for the Lazio Fan Token will follow the Launchpad subscription format with the registration of BNB balances starting on 14/10/2021 at 13:00. cryptocoin.com We have compiled all the details as…
Binance 22nd Launchpad project: LAZIO
“Binance is excited to announce its 22nd Launchpad project as Lazio Fan Token (LAZIO),” the exchange said in its announcement today. The token’s sale process will start on October 14 with Binance Coin (BNB) balance registration, and users’ BNB balances will be recorded for 7 days. The final BNB holding amount for each user will be determined as the average of 7 days using the Average Daily BNB Balance calculation previously announced on the exchange.
The total token supply of Lazio Fan Token (LAZIO) will be 40,000,000 LAZIO. The total token allocated to Binance Launchpad will be 4,000,000 LAZIO, which is 10% of the token supply. In the public sale, the price of the token was determined as 1 LAZIO=1 USD. The sales format of the token is “subscription”. The average of the BNB tokens captured hourly snapshots for each day from October 14-21 will determine the maximum amount of BNB you can commit. The subscription period will be opened for a period of 4 hours.
What is LAZIO?
The Lazio Fan Token is a BEP-20 “utility token” designed to revolutionize the fan experience for all SS Lazio supporters. The token gives SS Lazio fans the ability to participate in team voting surveys, hunt digital collectibles, purchase NFT and enjoy gamification features linked to fan rewards or various experiences.
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