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Topic: ICOs Are Back in the Game? BitTorrent ICO: 7.12 M USD Fundraise in 15 minutes - page 2. (Read 174 times)

sr. member
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Merit: 252
that was a special case .Tron and biance were promoting the shit out of it . The average ICO market is still in the shitter at the moment
jr. member
Activity: 59
Merit: 4
ICOs Are Back in the Game?

BitTorrent Completed it’s 7.12 M USD Fundraise on Binance Launchpad in Less Than 15 Minutes

The much anticipated BitTorrent ICO on Binance Launchpad took place today.
Both the BNB and TRX sessions of the ICO ended in under 15 minutes, selling 59.4 billion BTT tokens ($7,128,000).

BitTorrent ICO Completed Successfully

The first results of Binance Launchpad – the cryptocurrency’s exclusive ICO platform, are already in.

BitTorrent, which was acquired by TRON’s Justin Sun in late 2018, had its initial coin offering completed in under 15 minutes, selling out 59.4 billion tokens,
The ICO was held in two sessions which were run in parallel. Both of them started at precisely 3:00 PM UTC on January 28th, 2018.

In the first session, users were able to purchase BTT tokens using Binance Coin (BNB). One BTT was priced at 0.00001824 BNB, meaning that 1 BNB bought 54,824.56 BTT tokens. This session ended exactly 13 minutes and 25 seconds after it had started.

In the second session, users were able to purchase BTT tokens using TRX. One BTT was valued at 0.00447261 TRX. Unlike the BNB session, however, this one had minimum and maximum limits set in place. The minimum amount users were able to buy using TRX was 100,000 BTT, while the maximum was set at 166,666,666 BTT. In any case, 1 TRX purchased a total of 223.58 BTT.

Interestingly enough, both sessions, while running in parallel, were successfully completed in less than 15 minutes.
https://www.binance.com/en/blog/296665704096014336/Binance-Launchpad-BitTorrent-Token-Sale-Results

Source: Felix Mollen / Cryptopotato - JAN 28, 2019 @ 17:09 UTC
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