ALIS to Release Closed Beta

ALIS has announced that the Closed Beta Version will be released on April 23rd
09 April 2018   1201

The mission of ALIS is to create a social media platform that enables users to find trustworthy articles and people quickly. It realizes an autonomously developing economic system made possible via blockchain technology and a token economy.

On April 6 ALIS has announced in its Twitter account that the Closed Beta Version of ALIS will be released on April 23rd. ALIS stated that it aims to provide a greater value product.

ALIS closed beta release announcementALIS closed beta release announcement

As for the visiom of ALIS, it states that instead of compromising its basic philosophy with over-complicated explanations and convoluted functions, they believe that the most important thing is to make a simple and concise product that can be used by everyone.

At the moment of press, these are main market parameters of ALIS:

  • Average price: $0,330440
  • Marketcap: $12 734 711 
  • 24h volume: $39 532

Binance Launchpad to Change IEO Rules

Binance is going to implement the lottery format for the next tokensale campaign
25 March 2019   111

Binance announced a change in the format of the next tokensale on the Launchpad platform to a lottery. At the same time, the number of lottery tickets per account will depend on the size of the steak in the BNB for 20 days before IEO.

Note that one account can get up to 5 lottery tickets. Winners will be selected by randomizer.

BNB Balance to Lottery Tickets Ratio
BNB Balance to Lottery Tickets Ratio

It is noteworthy that within 20 days before the lottery, the BNB-deposit snapshot will be carried out daily at 0:00 UTC to monitor the fulfillment of the conditions.

Each winning ticket will grant the right to purchase tokens for a fixed amount in BNB equivalent. As soon as the user informs the exchange that he is ready to use a certain number of tickets in case of their winnings, this obliges him to purchase tokens and the money will be debited automatically.

Binance acknowledged that the price of BNB may fluctuate due to daily snapshots, and its potential decline may not be covered by the benefit from the new token, and encouraged users to make informed decisions.

In addition, Changpeng Zhao urged the community to comment on the new format in a separate Twitter thread in order to make the necessary feedback-based changes, if needed.

During the Celer Network tokensale on the Launchpad platform again had bandwidth problems; many people did not manage to purchase tokens.