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BSCPAD (BSCPAD) is the 1148th largest cryptocurrency in the world by market cap, valued at $16,692,862. The current price of BSCPAD is $0.2095, which is 4.437% higher than yesterday. Prices have ranged between $0.228337 and $0.19343 over the past 24 hours. All prices are listed in US dollars and accurate as of January 30, 2023 01:01 UTC.
BSCPAD is a launchpad that is solely dedicated to launching projects on the Binance Smart Chain (BSC). For the BSC, it is the first decentralized initial DEX offering (IDO) platform.
The platform aims to support cryptocurrency projects by enabling them to distribute tokens and raise liquidity for their project. The BSC is a blockchain launched by Binance in April 2019 to facilitate fast, decentralized trading. The launchpad platform on the BSC benefits all holders of the native token, BSCPAD, and enables fair launches on the platform, giving traders of all sizes the opportunity to invest in projects listed. It has a 2-round system for launches that ensures that every tier level is guaranteed an allocation. The platform’s fixed tier system is based on the number of tokens held by the user. While the first round is based on the user’s tier level, the second round (called the FCFS round) levels the playing ground for users from all tiers. To be eligible to participate in IDOs and OTC funding campaigns, users would need to hold the BSCPAD token. This is also a reward token used to incentivise holders for being a part of the community.
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