Quote from: CloudFarm on January 28, 2019, 05:59:19 PM

ICOs Are Back in the Game?

BitTorrent Completed its 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 cryptocurrencys exclusive ICO platform, are already in.

BitTorrent, which was acquired by TRONs 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

Let me add that there are other projects that have reached the hardcap successfully but more time with a much larger capital such as
wpp energy with $ 50m
hara token reached hardcap in 30 hours

I see that the lesson learned is that the good project imposes itself.