Binance Launchpad, the cryptocurrency exchange’s token launch platform has announced WazirX’s token sale results. It is the first token sale of this year.
On Dec. 4 according to a press release from Binance, there were 10,000 winning tickets held by a total of 9,033 winners of which more than 20,000 users participated to try to win the lottery. Eventually, more than 136,000 tickets were claimed.
#Binance Launchpad: @WazirXIndia Sale Results 🖐️20,651 participants 🎟️136,801 tickets claimed 🏅9,033 participants had at least one winning ticket (43.74% user win rate). 🏆10,000 tickets won out of the 136,801 tickets claimed (7.31% ticket win rate).https://t.co/5Qaj9whHRw — Binance (@binance) February 4, 2020
Chances of winning for all the participants were at 44 percent while putting the percentage of winning tickets at 7.31%.
The WazirX token sale was conducted through a single session where participants purchased WazirX (WRX) tokens using BNB. In the session, all 100,000,000 WRX tokens were sold to Launchpad participants who drew and claimed winning lottery tickets.
WazirX is India’s leading bitcoin exchange with an auto-matching peer-to-peer engine. WazirX advertises itself as working to solve the fiat-to-cryptocurrency conversion problem and simplifying the process of depositing and withdrawing fiat. WazirX (WRX) will be listed on Binance starting tomorrow.
It will open trading for:
WRX/BNB
WRX/BTC
WRX/USDT trading pairs at 2 am UTC on February 5
Source: Cointelegraph.com
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