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Competition for Ethereum: Binance start your own ICO platform

Competition for Ethereum: Binance start your own ICO platform

Home News competition for Ethereum: Binance start your own ICO platform

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Marcel Knobloch –
06.01.2019

ICOs belong to the new prominten type of capital raising, in a simple manner large quantities of finances within a short period of time to collect. Binance a company brings with Launchpad’s own platform in the future, the Initial Coin Offerings abgehlaten.

This year Binance want to perform almost every month of ICOs on the Token Sales platform, Launchpad. TRONs BitTorrent and Fetch.ai are two of the first Token Sales on the new platform in the next time on the Plan. By Launchpad wants to Binance try the bad Image of ICOs, since these were moved by a series of Scams in a bad light.

According to the company, all projects are subjected to the alignment of the ICOs apply a detailed selection process. Furthermore, this method is intended to be consistent with all applicable laws in the line, so that the acceptance can increase with a corresponding regulatory framework. CEO and founder of Binance would like to contribute with a launch pad for further development of the Ecosystem and its adaptation (free translation):

2019 Binance launch pad will help to start projects, which serve the universal crypto currency system as a whole and of the people around the world benefit. Achieving a remarkable turnover on the Launchpad platform is part of our continuing efforts to create a safer and more open startup environment that allows for 2019 and beyond a healthier market.

Launchpad will initially be available only in some selected countries. USA, China, South Korea and some other countries have yet to be fulfilled, the legal framework, before ICOs may be carried out.

TRONs BitTorrent Token Sale is to be carried out on the Launchpad platform. Thus, the BTT is one of the first on the platform sold Token. BTT is used in BitTorrent to allow users for greater bandwidth and to pay the resulting quick Download. For the time being, no exact time has been called the horizon, when the ICOs will start “very soon”.

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