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What is the FC Porto Fan Token (PORTO)? Binance Launchpad launches 23rd IEO

Binance Launchpad only notification 23rd IEO for FC Porto Fan Token (PORTO). The exchange will follow the Launchpad registration format for token sales. The time to record users BNB balances is 10 days from 7:00 AM on November 6th to 7:00 AM on November 16th.

What is the FC Porto Fan Token (PORTO)?

FC Porto Fan Token is a BEP-20 utility token designed to revolutionize the fan experience for all fans of the Porto, Portugal football team. The token enables Porto fans to take surveys with the team, hunt digital collectibles, purchase NFTs, and enjoy game features that come with fan rewards, and more.

The PORTO token has the following functions:

To interact: POSTAGE holders have the right to participate in voting sessions related to fan interaction on the Binance Fan Token platform.

Loyalty registration: Owners can use PORTO tokens to register for fan rewards, digital collectibles, loyalty points, etc.

E-Commerce: The PORTO token can be integrated into the potential future e-commerce ecosystem of FC Porto and used as a means of payment for goods, matchday tickets, memberships, etc. Pay.

To use: Owners can get one-off benefits by interacting with FC Porto on the Binance Fan Token platform, including signed goods, meeting and greeting a football player or legend, a personal phone call with team members, etc.

Games: Owners can access many Gamei features on the Binance Fan Token platform.

Contribute: Owners can donate directly to their favorite group and receive a certificate of loyalty.

Token assignment

Binance Launchpad Sales: 10.0%
Crew: 15.00%
Loyalty subscription: 20.00%
User funds: 35.00%
Developer fund: 20.00%

Token sales details

Token name: FC Porto fan token (PORTO)
Hardcap: $ 4,000,000
Hard cap per user: 10,000 USD (10,000 POSTAGE)
Total offer: 40,000,000 POSTAGE
Total number of tokens assigned to the Binance Launchpad: 4,000,000 POSTAGE (10% of the total offer)
Price for public sale tokens: 1 POSTAGE = 1 USD (price in BNB is set before registration)
Token Sale Format: Sign In
Supported tokens: BNB

Registration schedule

The preparation time is from November 6th, 2021, 7:00 a.m. to November 16, 2021, 7:00 a.m. During this period, the user’s BNB balance is calculated in hourly snapshots for each day over a period of 10 days. Your final daily average BNB balance for those 10 days determines the maximum amount of BNB you can buy later.

Registration time (commit) from 1 pm on November 16, 2021 to 4 pm on November 16, 2021. At this point, the registration will be open for all authorized users for a period of 3 hours. Users must also sign the “Token Purchase Agreement” at the same time before binding to BNB.

Last token distribution at 5:00 pm on November 16, 2021. Your final token allocation will be calculated and the corresponding BNB will be deducted from your blocked BNB amount. After the withdrawal, both your PORTO and BNB tokens will be transferred to your spot wallet (Spot). Binance lists the token shortly after 1 to 2 hours.

If you don’t have a Binance account, log in here.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.