Coin98 Token Sale On Binance Is Now Open
Coin98 Wallet is the number non-custodial, multi-chain wallet and DeFi gateway, designed to seamlessly connect users to the crypto world in a safe and secure manner. It is the simplest and most secure crypto & Bitcoin wallet to store, send, receive and manage your cryptocurrency assets, such as Bitcoin (BTC), Ethereum (ETH), TomoChain (TOMO), Ethereum based ERC20 tokens, etc.
To be able to get more attention, Coin98 team up with the world’s renowned cryptocurrency exchange Binance to conduct its $C98 token sale.
DETAILS ARE BELOW
Binance will record user BNB balances for 7 days from 2021-07-16 0:00 AM (UTC) to 2021-07-23 0:00 AM (UTC). The final BNB holding amount for each user will be determined as the average of the 7 days.
C98 Token Sale Details:
Token Name: Coin98 (C98)
Launchpad Hard Cap: 3,750,000 USD
Hard Cap Per User: 20,000 USD (266,666.667 C98)
Total Token Supply: 1,000,000,000 C98
Total Tokens Allocated to Binance Launchpad: 50,000,000 C98 (5% of Total Token Supply) Public Sale Token Price: 1 C98 = 0.075 USD (price in BNB will be determined prior to subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only
Subscription Timeline:
Preparation Period 2021-07-16 0:00 AM (UTC) to 2021-07-23 0:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 7-day period. Your final average daily BNB balance over these 7 days will determine the maximum amount of BNB that you can commit later on.
Subscription Period 2021-07-23 6:00 AM (UTC) to 2021-07-23 10:00 AM (UTC): Subscription will open at this time for all eligible users for a 4 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB.
Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
Calculation Period 2021-07-23 10:00 AM (UTC) to 2021-07-23 11:00 AM (UTC): Subscription closes and token allocation calculation begins.
Final Token Distribution 2021-07-23 11:00 AM (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Once deducted, your C98 and BNB tokens will both be transferred to your spot wallet.
ABOUT Coin98
Coin98 Wallet is the simplest and most secure crypto & Bitcoin wallet to store, send, receive and manage your cryptocurrency assets, such as Bitcoin (BTC), Ethereum (ETH), TomoChain (TOMO), Ethereum based ERC20 tokens, etc.
ABOUT Binance
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. It was founded in 2017 and is domiciled in the Cayman Islands. Binance is currently the largest exchange in the world in terms of daily trading volume
RESOURCES
Binance Article
