SelfKey launches Identity Wallet Beta

Desktop wallet of SelfKey will be released on June 28 to innovate the identity management industry
26 June 2018   635

SelfKey is releasing its Identity Wallet Beta for desktop on June 28. The application is meant to innovate the identity management industry. Users will be able to create their own SelfKey ID for the upcoming SelfKey Marketplace and different KYC processes.

The wallet can be used as an ordinary cryptocurrency wallet to store, receive and send ERH, KEY and other ERC20 tokens. The wallet is not tied to SelfKey ID so all the transactions remain anonymous. SelfKey is a blockchain based self-sovereign identity system that allows individuals and companies to truly own, control and manage their digital identity, securely manage their cryptocurrency portfolio and instantly onboard onto financial, immigration and cryptocurrency services. At the moment of publication, market characteristics of SelfKey (KEY) are as follows:

Average price 0.007050 USD
Market cap 14,203,565 USD
Volume (24H) 102,055 USD

Binance Launchpad to Change IEO Rules

Binance is going to implement the lottery format for the next tokensale campaign
25 March 2019   70

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.