United Arab Emirates is hosting smart economy conference

Dubai is organizing ArabNet Digital Summit on April 30 - May 1 to discuss the perspectives of smart economy and the future of financial services
13 April 2018   676

ArabNet Digital Summit is coming to Dubai on April 30 - May 1 with the help of NextMoney. The event is organized by ArabNet at Madinat Jumeirah Conference Center. The summit will explore the trends and opportunities in financial technology, banking, and transactional businesses. In addition to that, topics like artificial intelligence, big data, blockchain and the potential they have in the bank and financial services sectors. Among the partners of the forum of money are ConsenSys and Bloomberg Businessweek.

Another forum that will be part of the summit is smart economy forum. It will feature topics like applications of blockchain technology, driving progress through big data, and the evolving role of digital enterprises. A vision of the cities of the future is on the agenda as well. Partners of the forum include Xische&Co and Smart Cities New York.

To see more details you can visit the official website of the event.

Binance to Change Launchpad IEO Rules

Binance is going to implement the lottery format for the next tokensale campaign
25 March 2019   12

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.