Post
Topic
Board Altcoin Discussion
Re: 32nd Binance Launchpad Project Arkham
by
Xal0lex
on 17/07/2023, 18:31:45 UTC
I've read feedback from some participants that they blocked a few BNBs and receive $1.5 worth of new project tokens. Questionable business. Deposit about $1000 on a centralized exchange to be able to get new tokens worth $1-$2.
Its a launchpad system. You could not expect a $1000 worth of new tokens with your $1k equivalent since there are many participants and it will weigh base on each snapshot holding. The total token has limit so they will based it on total bnb committed. Imagine 50million tokens would be shared and redistributed to dozen of users. I know it might not valuable to some but for those huge bnb holder they are clearly gonna have profits from this. So have you join your 5bnb? Its commit time now. Later after that youll know how many tokens you can buy.

Different launchpads provide different conditions. On some launchpads I can have nothing on deposit at all, but I will be given the opportunity to buy new tokens for 1000$. IEO launchpads have very unfavorable conditions for making profit, because they distribute tokens to all participants, only those who have a lot of money can earn good money, and users with a small deposit on such launchpads have nothing to do. The only advantage of such platforms is that after listing they have 100% TGE.