Binance is introducing the FC Porto Fan Token (PORTO) Token Sale on Binance Launchpad.
FC Porto Fan Token (PORTO) Token Sale
Binance will soon launch the 23rd Launchpad project- FC Porto Fan Token (PORTO) and will open a BNB special. The sale will be based on the investment model.
Binance will determine the user’s available investment quota based on the user’s 10- day average daily BNB holdings.
BNB holding snapshot cycle is from 08:00 on November 6, 2021, to 08:00 on November 16, 2021 (East Eighth District time).
| Token Name: | FC Porto Fan Token (PORTO) |
|---|---|
| Launchpad Hard Cap: | 4,000,000 USD |
| Hard Cap Per User: | 10,000 USD (10,000 PORTO) |
| Total Token Supply: | 40,000,000 PORTO |
| Total Tokens Allocated to Binance Launchpad: | 4,000,000 PORTO (10% of Total Token Supply) |
| Public Sale Token Price: | 1 PORTO = 1 USD (price in BNB will be determined prior to subscription) |
| Token Sale Format: | Subscription |
| Supported Sessions: | BNB only |
From 08:00 AM on November 06, 2021 to 08:00 AM on November 16, 2021, Eastern Eighth District Time, record the average daily BNB holdings of the user on the 10th (that is, the sum of the average daily holdings on the 10th/10th), The daily average position determines the maximum amount that can be invested in BNB.
It will be open after 14:00 on November 16, 2021, Eastern Eighth District, and users need to sign a purchase agreement when investing. Please make the investment within 3 hours, and the investment cannot be made after the deadline. Note: BNB can only be invested in a spot account, and it cannot be withdrawn after it has been invested. Please confirm and operate. After the investment is completed, the BNB participating in the investment will be locked, and related services (transfer, withdrawal, transaction, etc.) cannot be used until the token distribution is completed.
The access channel will be closed at 17:00 on November 16, 2021, Eastern Eighth District time.
During the period from 17:00 on November 16, 2021 to 18:00 on November 16, 2021 in the Eastern Eighth District, the token distribution results will be calculated.
At 18:00 on November 16, 2021, Eastern Eighth District, the result of the token distribution will be announced, and the corresponding BNB will be deducted from the user’s locked BNB balance. After the successful deduction of BNB, PORTO tokens and the remaining BNB will be issued to the user’s spot wallet.
Go to Binance’s Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
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Comment by Hans
April 24, 2024
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