Binance, the world’s leading cryptocurrency exchange, has recently unveiled its 32nd project on Binance Launchpad. The new project, named Arkham (ARKM), is set to capture the attention of crypto enthusiasts and investors alike.
Binance announced its excitement about the Arkham (ARKM) project, emphasizing its inclusion on the Launchpad platform. The token sale for Arkham will commence on July 11, 2023, at 00:00 UTC. Users’ BNB balances will serve as the basis for participation in the token sale.
To accommodate the process, Binance will reserve user BNB balances for a duration of six days, starting from July 11, 2023, 00:00 UTC, until July 17, 2023, 00:00 UTC. This ensures that users have ample time to prepare and participate in the token sale.
The specifics of the ARKM Token Sale have also been revealed. The project details are as follows:
Token Name: Arkham (ARKM)
Launchpad Hard Cap: $2,500,000 USD
Hard Cap per User: $15,000 USD (equivalent to 300,000 ARKM)
Total Token Supply: 1,000,000,000 ARKM
Total Tokens Allocated to Binance Launchpad: 50,000,000 ARKM (5% of Total Token Supply)
Public Token Price: 1 ARKM = $0.05 USD (the price in BNB will be determined before subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only
The Arkham project’s hard cap, set at $2,500,000 USD, reflects the maximum amount of funds the project aims to raise during the token sale. Participants will be subject to a hard cap of $15,000 USD, allowing them to purchase up to 300,000 ARKM tokens.
With a total token supply of 1,000,000,000 ARKM, the allocation for Binance Launchpad is set at 50,000,000 ARKM, representing 5% of the project’s overall token supply. The public token price is established at $0.05 USD per ARKM token, with the equivalent price in BNB to be determined before the subscription period.
The token sale will follow a subscription format, offering participants the opportunity to acquire Arkham tokens using BNB exclusively.
Binance Launchpad continues to introduce innovative and promising projects, and with Arkham (ARKM) joining its ranks, the crypto community eagerly awaits the token sale on July 11, 2023.