Good afternoon follow blurtans, welcome to my 1st post of today 9th January 2022.
Issuer's website
As the name implies, issuers websites are website of the project owners or issuer, for the purpose of generating funds for the token project. Here investor's are expected to trade or exchange a certain crypto assets to buy a new token
Crypto Launchpads
Crypto launchpad can be defined as a platform for seeking and sourcing fund or money required to work or develop a new token project. It is used by some offerings to perform public sales for the new token about to be listed for exchange and trading. It's a site used for exchange and trading for the public sale, most especially, it helps to reduce scam or fake transactions with public investor's.
In this platform investor's gain shares in the public sale according to the investment or subscriptions percentage.
Calculations
Using Binance exchange as example:-
(Blurtothemoon committed BNB will be / by the Total committed BNB by all participants in the launchpad) * Total tokens to be sold.
If 100,000,000 tokens are to be offered. Blurtothemoon commits 5,000 BNB and 9 other participants committed 100,000 BNB, which will now be 105,000 in total
Blurtothemoon would receive a ratio of 5,000 BNB / 105,000 BNB, *100,000,000, which should be 4.76% of the tokens to be offered (4,761,905 token) this information is fromBinance launchpad.
Example of ICO or IEO.
The one of the most recent and famous token project is the "C98" token on Binance Launchpad.
About C98 token
Source
C98 is also said to be a gateway between DeFi service across different blockchain and different DeFi project. A total of 50 millon C98 token were available for sales with approximately 5432983 BNB committed. The price of C98 token was equivalent to 0.00025042 BNB. In other to achieve success the the developers also included the innovation of decentralized products, such as Space gate, Coin98 exchange and Coins 98 wallet. At first, they developers launched Coin98 wallet in the year 2020 afterwards the launched Coin98 DEX in the year 2021.
To accomplish this, C98 (which is short for Coin98) employs a robust suite of decentralized crypto products. They are Coin98 Exchange, Coin98 Wallet, and Space Gate. Source
Space Gate: This is a cross-chain transfer crypto service. That users Uses to swap between multiple networks in the crypto world and also credible transfers. For example SPL tokens, ERC-20 tokens, BEP20 tokens, etc.
Coin98 Wallet:
Coin98 Wallet is a decentralized web wallet that help to store and supports multiple token, this wallet enable users send or receive crypto assest.
Coin98 Exchange: Coin98 Exchange is a decentralized exchange application that is use to perform exchange, lending, earning, staking, swapping between different crypto assest.
Coin98 where sold for 0.00025041 BNB at the public sale on Binance Launchpad. At the end of the public sale, the token was listed on Binance exchange. Let's see how it goes.
At listing, it was worth 0.00026 BNB then it later grew to of 0.0145 BNB.
I did calculate how much profit it generated.
((0.0145 - 0.00026)/0.00026) x 100
= (0.01424/0.00026) x 100
= 54.7692 x 100
The profit = 5476.92% Source
Coin98 at public sale gave a profit of roughly 5476.92%. If i had join in the commitment with $ 10 at the pubic sale i would generate roughly
$54,769.2.
| Parameter | Value |
|---|---|
| Total addresses | 732,345 |
| Total users | 284,498 |
| Transactions | 488,181 |
| Total downloads | 332,290 |
| Total volume | $216.86 M |
| Daily active users | 6000 |
| Total blockchain supported | 23 |
Thank you for reading my post