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Topic: Is anyone planning to take part in the Open Campus (EDU) Binance Launchpad? (Read 395 times)

member
Activity: 322
Merit: 10
I followed EDU quite closely and that really open my eyes to the lunch pad and since after the EDU lunch pad i have bought some BNB and set it aside to wait for the next lunch pad so that i can participate, Please where you able to join the EDU lunch pad? What's your profit like? I want to know what to expect
member
Activity: 280
Merit: 25
CRYPTO WEB3 NEOBANK
I haven't tried investing or participating in any ICO or IEO yet. However, investing in a new project like Open Campus (EDU) via Binance Launchpad requires a thorough understanding of the project, the white paper, and the recognized potential of investing in such a project has the potential to generate high returns, I think his decision to invest in any project should be based on research and own risk appetite.
legendary
Activity: 2100
Merit: 1321
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Whales do not participate in public rounds. There are always separate rounds for whales and big players.
Those getting 15k allocation arent those whales? Surely the amount of bnb they hold to join is massive and considered whales. There is no other round on Binance aside from launchpad. If big players joining a round which is cheaper than this then its between the project and them not necessary commisioned on binance IEO. Ive been joining IEO on binance and there are no options for whales there. Only for ALL.

Nowhere did I state that it was necessary in the launchpool.
This one. Correction Sui didnt do launchpad and no need to buy on launchpool. Its different from launchpad. If you hold bnb already just staked it and its considered free tokens coming your purse. Various bots? Its just a stake and plug mode, and I doubt bot is necessary. Its not lottery.

For example, the recent IEO SUI attracted a huge number of farmers and various bots, who bought up in huge quantities verified exchange accounts to participate in IEO and get the opportunity to buy as many tokens as possible.


staff
Activity: 2436
Merit: 2347
To know how IEOs work, it is not necessary to participate in them. IEO sales have an extremely low maximum entry threshold and therefore such sales are held mostly for ordinary investors. Large investors will never participate because there are private or strategic rounds where you can buy a large number of tokens at a very low price.
Well lets say you knew the idea how it works. But it doesnt mean you dont know if whales arent participating cause in fact there are. I just told you I know folks who did. I know exactly what Im saying since I know computations and possible expenditure of joiners. Anyway just wanted to explain my side seeing the things happening on there which you just saw based on your own opinion and your understanding.

Whales do not participate in public rounds. There are always separate rounds for whales and big players. Public rounds exist for ordinary investors to buy tokens and arrange profits for the big players. The hamsters who participate in IEOs and other public rounds on exchanges and launchpads will always be the fuel for the big players to profit.

For example, the recent IEO SUI attracted a huge number of farmers and various bots, who bought up in huge quantities verified exchange accounts to participate in IEO and get the opportunity to buy as many tokens as possible.
Theres no need bot in launchpool.

Nowhere did I state that it was necessary in the launchpool.
legendary
Activity: 2268
Merit: 1655
To the Moon
Isnt it SUI project you mean?

Yes, although I was wrong, but you understood me correctly, I wrote about SUI.

Yes Ive been aware of this incident. But does anyone seen or prove that they didnt farm on launchpool? This has been talk on the groups. But this is really a good marketing stunt held by Justin and CZ for sui. Community talk sui almost everytime.

And here there is nothing to prove, since Justin Sun himself admitted the fact that "some of our team members were not fully aware of the intended purpose for these funds and inadvertently used a portion of them to participate in exchange campaigns." - https://twitter.com/justinsuntron/status/1652954970000617474 So there were plenty of such cases, the participation of large capital in the SUI launchpool.
legendary
Activity: 2100
Merit: 1321
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This is exactly the attempt of whales to participate in EDU LaunchPool, which we saw when Justin Sun transferred $115 million1 to the Binance exchange on the eve of the IEO.
Isnt it SUI project you mean?

It is possible that if it had been someone else, whose wallet would have received less attention, such a plan would have been successful, but CEO Binance2 noticed this transfer in time and forbade Justin Sun to participate in this LaunchPool.
Yes Ive been aware of this incident. But does anyone seen or prove that they didnt farm on launchpool? This has been talk on the groups. But this is really a good marketing stunt held by Justin and CZ for sui. Community talk sui almost everytime.
legendary
Activity: 2268
Merit: 1655
To the Moon
You can barely find whales participating in such things, even if they do, they don't need to cheat the system since they can pretty easily get enough tokens to have great returns when the token is officially listed and open for trading in public. Whales don't cheat since they don't need to, only those who have limited funds and want to get more tokens will use such methods.
Oh I think thats their hub Binance IEO are probably swarmed by whales during launchpad since its a pretty and easy way for them to milk tokens aside from the trading approach they will do when the market is open. 15k usd on each launchpad that goes 20x and more seems prettt good profits to them. I didnt say they cheat kindly read I am the one saying they are doing the easy and clean way.

This is exactly the attempt of whales to participate in EDU LaunchPool, which we saw when Justin Sun transferred $115 million1 to the Binance exchange on the eve of the IEO. It is possible that if it had been someone else, whose wallet would have received less attention, such a plan would have been successful, but CEO Binance2 noticed this transfer in time and forbade Justin Sun to participate in this LaunchPool.
1. https://twitter.com/whale_alert/status/1652918694819815424
2. https://twitter.com/cz_binance/status/1652949031524376579
legendary
Activity: 2100
Merit: 1321
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To know how IEOs work, it is not necessary to participate in them. IEO sales have an extremely low maximum entry threshold and therefore such sales are held mostly for ordinary investors. Large investors will never participate because there are private or strategic rounds where you can buy a large number of tokens at a very low price.
Well lets say you knew the idea how it works. But it doesnt mean you dont know if whales arent participating cause in fact there are. I just told you I know folks who did. I know exactly what Im saying since I know computations and possible expenditure of joiners. Anyway just wanted to explain my side seeing the things happening on there which you just saw based on your own opinion and your understanding.

For example, the recent IEO SUI attracted a huge number of farmers and various bots, who bought up in huge quantities verified exchange accounts to participate in IEO and get the opportunity to buy as many tokens as possible.
Theres no need bot in launchpool. Since its just a commiting assrt of your bnb and tusd. Also this is common things in launchpool which vary from launchpad with a complicated specks of computation.
staff
Activity: 2436
Merit: 2347
No whale will enter the project at the start of the IEO. He will do it either before the start of trading or after the project goes to correction. I don't understand what kind of whale participation in IEO cryptoaddictchie is talking about.
How do you know you dont even participate on IEO. I knew some folks that max the 15k alloc for IEO and to get this is you need tons of bnb Im not talking about 15k usdt for holding period that would give you little tokens allocation. With a price of $0.05 and budget of 15k for that? Isnt that a whale considering the bnb amount to get that? Thats aside from the possible trading for the stable price.

To know how IEOs work, it is not necessary to participate in them. IEO sales have an extremely low maximum entry threshold and therefore such sales are held mostly for ordinary investors. Large investors will never participate because there are private or strategic rounds where you can buy a large number of tokens at a very low price. IEOs attract a huge number of farmers who try to buy as many tokens as possible from multiple exchange accounts. Any public sale always attracts a huge number of farmers.

For example, the recent IEO SUI attracted a huge number of farmers and various bots, who bought up in huge quantities verified exchange accounts to participate in IEO and get the opportunity to buy as many tokens as possible.
newbie
Activity: 14
Merit: 0
In its recent press release, Binance said that thave its own launchpad will be the Binance. However, they can't say that they will do it for now. I don't know when this is first reported, but it's also unclear if they will officially announce it for the public or private beta. I doubt it.

Is anybody planning to make an IEO on Open Campus?

If you don't know what to do, then go ahead. The first project to announce it is called Open Campus (EC). This project, however, is not a blockchain. You are likely to get some of the following:

• An IEO on EDU
• A project launchpad
• A private beta
• A commitment of BNB

We are looking for:

• A project launchpad
• A private beta
• A commitment of BNB

If anyone finds this interesting, please send us an email!

  • To be a part of open campus, you are going to need to create your own team. For example, if you don't know how to use the blockchain, it is probably best for you not to make your own
legendary
Activity: 2100
Merit: 1321
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No whale will enter the project at the start of the IEO. He will do it either before the start of trading or after the project goes to correction. I don't understand what kind of whale participation in IEO cryptoaddictchie is talking about.
How do you know you dont even participate on IEO. I knew some folks that max the 15k alloc for IEO and to get this is you need tons of bnb Im not talking about 15k usdt for holding period that would give you little tokens allocation. With a price of $0.05 and budget of 15k for that? Isnt that a whale considering the bnb amount to get that? Thats aside from the possible trading for the stable price.

Whales always buy cheap tokens in order to have a big advantage over other market participants. It makes no sense to participate in IEO along with everyone else, because the entry price to the asset would be unreasonably high.
Yeah I doubt an IEO of edu would go below cheaper than IEO price of $0.05 Im sure of that 100% so which cheaper than this you are also talking about? Kindly check edu now at binance. Maybe you are mistaken with the pricing. I said they also take advantage of this very privilege.
staff
Activity: 2436
Merit: 2347
Such projects are being killed by cheaters who create huge farms and come to the projects solely for earnings. If the project will imply business model, where you can study something, read, answer questions and earn tokens on it, then I can say that such project is doomed. I would not invest in such projects for the long term, but for speculation and early investment it may not be so bad, given that it has already received support from Binance.
The launchpad is very clean when it comes to Binance IEO. Since you dont join yet the activity, I think its not right to call the whales cheaters as their only trying to make profits with the IEO system. Surely many are just joining for profits even they not understand the concept of the projects. Its up to someone if he likes the platform he did invested and hold it for long term I guess. But the process of binance is quite okay its just that whales can take advantage of this, but I dont see them as cheaters just because they got a lot of fund to join the IEO. Cause theres no way to do cheating on a system where it will be based on your asset holdings.

Maybe the perfect term is privilege peoples.
You can barely find whales participating in such things, even if they do, they don't need to cheat the system since they can pretty easily get enough tokens to have great returns when the token is officially listed and open for trading in public. Whales don't cheat since they don't need to, only those who have limited funds and want to get more tokens will use such methods.

And of course, anyone would join for profits, otherwise, what's the use? You won't join an ICO/IDO/IEO only because you like the project or anything, you are available on an exchange only to trade cryptocurrencies and get profit, that's what it's all about at the end of the day.

No whale will enter the project at the start of the IEO. He will do it either before the start of trading or after the project goes to correction. I don't understand what kind of whale participation in IEO cryptoaddictchie is talking about. Whales always buy cheap tokens in order to have a big advantage over other market participants. It makes no sense to participate in IEO along with everyone else, because the entry price to the asset would be unreasonably high.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
You can barely find whales participating in such things, even if they do, they don't need to cheat the system since they can pretty easily get enough tokens to have great returns when the token is officially listed and open for trading in public. Whales don't cheat since they don't need to, only those who have limited funds and want to get more tokens will use such methods.
Oh I think thats their hub Binance IEO are probably swarmed by whales during launchpad since its a pretty and easy way for them to milk tokens aside from the trading approach they will do when the market is open. 15k usd on each launchpad that goes 20x and more seems prettt good profits to them. I didnt say they cheat kindly read I am the one saying they are doing the easy and clean way.
hero member
Activity: 2268
Merit: 507
We can assume he can earn $7k profit from launchpad Edu coin, because EDU is selling for $0.05 on launchpad program so currently high profit if he has manny allocation of EDU tokens, launchpad program is always profitable and we will get more launchpad tokens if has a lot of BNB...

I see that you are not familiar with the rules of conducting Launchpad on Binance. To get $7 thousand profit from the sale of the EDU coin, it was necessary to hold about 1500 BNB on your wallet, which is equivalent to about 500 thousand dollars.
not gonna lie that was massive amounts, binance seem always to favour this kind of thing, stake massive bnb to get miniscule amount of coin, i thought this was better than even sui, but turns out i was wrong,good ol' binance, small cake for everyone and if someone have big capital they can get all for themselves!.
hero member
Activity: 2408
Merit: 584
Such projects are being killed by cheaters who create huge farms and come to the projects solely for earnings. If the project will imply business model, where you can study something, read, answer questions and earn tokens on it, then I can say that such project is doomed. I would not invest in such projects for the long term, but for speculation and early investment it may not be so bad, given that it has already received support from Binance.
The launchpad is very clean when it comes to Binance IEO. Since you dont join yet the activity, I think its not right to call the whales cheaters as their only trying to make profits with the IEO system. Surely many are just joining for profits even they not understand the concept of the projects. Its up to someone if he likes the platform he did invested and hold it for long term I guess. But the process of binance is quite okay its just that whales can take advantage of this, but I dont see them as cheaters just because they got a lot of fund to join the IEO. Cause theres no way to do cheating on a system where it will be based on your asset holdings.

Maybe the perfect term is privilege peoples.
You can barely find whales participating in such things, even if they do, they don't need to cheat the system since they can pretty easily get enough tokens to have great returns when the token is officially listed and open for trading in public. Whales don't cheat since they don't need to, only those who have limited funds and want to get more tokens will use such methods.

And of course, anyone would join for profits, otherwise, what's the use? You won't join an ICO/IDO/IEO only because you like the project or anything, you are available on an exchange only to trade cryptocurrencies and get profit, that's what it's all about at the end of the day.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
What does this have to do with whales? Do whales sit in telegram groups? You have funny ideas about whales. I'm talking about ordinary users who come to such projects to earn money, whales don't do that.
Whales typically joins Binance IEO, they are the one mostly joined compared to retailers since the privilege is high, I just thought you refer to those cheaters as them since they are the one keeping the tokens mostly on IDO like Edu but you are right about those people that comes on a platform to solely purpose was to earn. But I doubt edu has something yet to be farmed by those cheaters that you meant. Maybe a wash trading on exchanges could be the reason their value is typically high.
staff
Activity: 2436
Merit: 2347
Such projects are being killed by cheaters who create huge farms and come to the projects solely for earnings. If the project will imply business model, where you can study something, read, answer questions and earn tokens on it, then I can say that such project is doomed. I would not invest in such projects for the long term, but for speculation and early investment it may not be so bad, given that it has already received support from Binance.
The launchpad is very clean when it comes to Binance IEO. Since you dont join yet the activity, I think its not right to call the whales cheaters as their only trying to make profits with the IEO system. Surely many are just joining for profits even they not understand the concept of the projects. Its up to someone if he likes the platform he did invested and hold it for long term I guess. But the process of binance is quite okay its just that whales can take advantage of this, but I dont see them as cheaters just because they got a lot of fund to join the IEO. Cause theres no way to do cheating on a system where it will be based on your asset holdings.

Maybe the perfect term is privilege peoples.

What does this have to do with whales? Do whales sit in telegram groups? You have funny ideas about whales. I'm talking about ordinary users who come to such projects to earn money, whales don't do that. Any business model, be it Learn-to-Earn, Move-to-Earn, Play-to-Earn, etc., suffers from ordinary users who create multiple accounts to farm tokens. Whales have nothing to do with this, much less early investors whose tokens have been locked up for a long time.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
Such projects are being killed by cheaters who create huge farms and come to the projects solely for earnings. If the project will imply business model, where you can study something, read, answer questions and earn tokens on it, then I can say that such project is doomed. I would not invest in such projects for the long term, but for speculation and early investment it may not be so bad, given that it has already received support from Binance.
The launchpad is very clean when it comes to Binance IEO. Since you dont join yet the activity, I think its not right to call the whales cheaters as their only trying to make profits with the IEO system. Surely many are just joining for profits even they not understand the concept of the projects. Its up to someone if he likes the platform he did invested and hold it for long term I guess. But the process of binance is quite okay its just that whales can take advantage of this, but I dont see them as cheaters just because they got a lot of fund to join the IEO. Cause theres no way to do cheating on a system where it will be based on your asset holdings.

Maybe the perfect term is privilege peoples.
legendary
Activity: 2268
Merit: 1655
To the Moon
We can assume he can earn $7k profit from launchpad Edu coin, because EDU is selling for $0.05 on launchpad program so currently high profit if he has manny allocation of EDU tokens, launchpad program is always profitable and we will get more launchpad tokens if has a lot of BNB...

I see that you are not familiar with the rules of conducting Launchpad on Binance. To get $7 thousand profit from the sale of the EDU coin, it was necessary to hold about 1500 BNB on your wallet, which is equivalent to about 500 thousand dollars.
staff
Activity: 2436
Merit: 2347
People come to such projects not for learning, but for making money. Given that such projects are actively discussed in telegram chats and there they post different answers to all sorts of tasks, squeezes, etc., people just click for the sake of remuneration, they do not learn anything there.
Given the idea of edu is nice. However since it launched with Binance, lets assumed almost all of joiners are into trading and making more money. Of course majority are after the profits and likely this will happened. I think OP want to test the generating income from IEO of Binance.

Me myself joined this one and already sold mine. I only holds those project that captured my attention and has a benefit for me in the long run or at least useful or have passive income.

No, I do not register on exchanges and do not pass KYC. Therefore, I will not participate in IEO. Such projects are being killed by cheaters who create huge farms and come to the projects solely for earnings. If the project will imply business model, where you can study something, read, answer questions and earn tokens on it, then I can say that such project is doomed. I would not invest in such projects for the long term, but for speculation and early investment it may not be so bad, given that it has already received support from Binance.
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