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Binance, the foremost cryptocurrency exchange globally, has recently announced its 32nd initiative on Binance Launchpad. The latest project, called Arkham (ARKM), is poised to attract the interest of both crypto enthusiasts and investors.
Binance expressed its enthusiasm regarding the Arkham (ARKM) initiative, highlighting its presence on the Launchpad platform. The token sale for Arkham is scheduled to begin on July 11, 2023, at 00:00 UTC. Users’ BNB balances will be utilized as the basis for engaging in the token sale.
To facilitate this process, Binance will hold user BNB balances for a period of six days, commencing from July 11, 2023, 00:00 UTC, until July 17, 2023, 00:00 UTC. This allows users sufficient time to prepare and take part in the token sale.
The details of the ARKM Token Sale have also been disclosed. The project specifics are as follows:
Token Name: Arkham (ARKM)
Launchpad Hard Cap: $2,500,000 USD
Hard Cap per User: $15,000 USD (equivalent to 300,000 ARKM)
Total Token Supply: 1,000,000,000 ARKM
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Total Tokens Allocated to Binance Launchpad: 50,000,000 ARKM (5% of Total Token Supply)
Public Token Price: 1 ARKM = $0.05 USD (the price in BNB will be determined prior to subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only
The hard cap for the Arkham project, set at $2,500,000 USD, indicates the maximum funds the project seeks to raise during the token sale. Participants will face a hard cap of $15,000 USD, enabling them to purchase up to 300,000 ARKM tokens.
With a total token supply of 1,000,000,000 ARKM, the allocation for Binance Launchpad is fixed at 50,000,000 ARKM, which accounts for 5% of the project’s total token supply. The public token price is set at $0.05 USD per ARKM token, with the corresponding price in BNB to be established before the subscription phase.
The token sale will adopt a subscription format, providing participants the chance to obtain Arkham tokens using BNB exclusively.
Binance Launchpad continues to present innovative and promising projects, and with Arkham (ARKM) joining its offerings, the crypto community looks forward to the token sale on July 11, 2023.
The post JUST IN: Binance Launchpad Introduces Arkham (ARKM) as its 32nd Project appeared first on BitcoinWorld.
