I don't see any topic about this and that's why I want to make one ,I have no connection with this project,I got information from Antshares community.

https://www.binance.com/en.html

White paper:https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf

ICO (Over)
Binance's token is the Binance Coin. A strict limit of 200MM BNC will be created, never to be increased. BNC will run natively on the Ethereum blockchain with ERC 20. Every quarter, we will use 20% of our profits to buy back BNC and destroy them, until we buy 50% of all the BNC back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNC, leaving 100MM BNC in circulation.

Flash Sale Starts in 2 days.