Coin An Launchpad Launch Space ID (ID) Project
On March 16th, according to an official announcement, Coin On will launch the 30th Launchpad project – Space ID (ID), and launch the BNB special session. Coin On will determine the amount of money that users can invest based on their average BNB daily positions on the 5th day. The BNB position snapshot period is from 08:00 a.m. on March 17, 2023 to 08:00 a.m. on March 22, 2023 (Eastern Eighth Zone Time).
Interpretation of this information:
Coin On, a digital asset trading platform, is set to launch its 30th Launchpad project called Space ID (ID) on March 16th, according to an official announcement. Furthermore, the platform is planning to launch a special session for Binance Coin (BNB), which will determine the amount of money that users can invest based on their average daily BNB positions. This move aims to ensure fairness in the allocation of investment opportunities and maximise the benefits of all investors.
To provide for an equitable investment process, Coin On will determine each user’s investment limit based on their average daily BNB positions on the fifth day preceding the launch. The BNB position snapshot period will be from 08:00 a.m. on March 17, 2023, to 08:00 a.m. on March 22, 2023 (Eastern Eighth Zone Time). This means that investors have five days to adjust their BNB positions to maximise their investment opportunities for the Space ID Launchpad project.
The Binance Coin special session will allow investors to participate in the investment process more fairly. The investment limit will depend on the users’ average daily BNB positions, based on the snapshot taken during the specified period. Investors who have a larger amount of BNB tokens in their wallets will have a better chance of securing more investment opportunities in the launch project.
In summary, Coin On’s decision to allocate investment opportunities based on average daily BNB positions is a fair and equitable measure for all investors. This move aims to maximise the benefits of all investors and provide a level playing field for everyone. The Space ID Launchpad project is expected to attract a lot of interest from the crypto community, and this allocation measure ensures that everyone has an equal chance of participating.
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