Key Points:
- Binance Launchpad to launch Space ID (ID) on March 22, 2023.
- The hard cap is set at $2.5M, with a max investment of $15K per user.
- BNB tokens are locked upon commitment and inaccessible until token distribution.
- Limited token supply of 2B ID with potential for good ROI.
- Public sale token price of 1 ID = 0.025 USD.
Binance Launchpad is set to launch its 30th project, Space ID (ID), on March 22nd, 2023. This project will follow the standard Launchpad subscription format, with user BNB balances being recorded for five days starting from March 17th, 2023, until March 22nd, 2023.
During this five-day period, user BNB balances will be calculated in hourly snapshots, with the final BNB holding amount for each user being determined as the average of the five days, using the Daily Average BNB Balance calculation.
The launchpad hard cap for Space ID is set at 2,500,000 USD, with a hard cap of 15,000 USD (600,000 ID) per user. The total token supply for Space ID is 2,000,000,000 ID, with 100,000,000 ID (5% of the total token supply) allocated to Binance Launchpad.
The public sale token price for Space ID is 1 ID = 0.025 USD, with the price in BNB being determined prior to subscription. The subscription format is supported by BNB only, and users must commit their BNB during the three-hour subscription period on March 22nd, 2023.
Once committed, the BNB tokens will be locked and users will not be able to redeem or access any other functions such as transfers, withdrawals, or trading until final token distribution. The final token allocation will be calculated on March 22nd, 2023, and the corresponding BNB will be deducted from the user’s already-locked BNB amount. Once deducted, the ID and BNB tokens will be transferred to the user’s spot wallet.
Overall, Space ID (ID) is a promising project with a limited token supply and a reasonable hard cap. Investors can take advantage of this opportunity to subscribe to the project and potentially earn a good return on their investment.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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