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Binance Will Add ALPINE Token Sale on Its Launchpad on February 16 -Breaking

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Binance to Launchpad: ALPINE Tokens Sale
  • Binance will launch ALPINE tokens on the Launchpad in February 2022.
  • Binance Launchpad will host this project for the 27th time.

Binance is proud to announce its alliance with Alpine Formula One. Binance is thrilled to offer ALPINE tokens on the Launchpad as a result of this partnership.

It is scheduled to take place on February 16th, 2022 at 16:00:00 (UTC). Launchpad’s ALPINE token sale event will be held for at most 5 days. The Binance Launchpad subscription will be used for the ALPINE token sales.

In detail, the token’s sale has a “preparation period, subscription period, calculation period, and final token distribution” time. Binance will initiate a new move to record users’ BNB balance from Feb 16, at 6 00:00 AM (UTC), to Feb 21, at 00:00 AM (UTC). From there, Binance will take a step forward and calculate users’ BNB tokens in hourly snapshots the same way as the Daily Average BNB Balance calculation.

Eligible users can subscribe from February 16-21. To subscribe, users will have to sign the “Token Purchase Agreement” before committing BNB. Once committed, users’ BNB will be locked automatically until the final token distribution date.

Binance will then calculate allotted locked funds for the final day, which is February 21, and send users ALPINE or BNB tokens directly to their spot wallets.

ALPINE Token Sale Details:

Token Name: Alpine F1® Team Fan Token (ALPINE)

Launchpad Hard Caps: 4,000,000 USD

Hard Cap per User: 10,000 US Dollars (10,000 ALPINE)

Total Token Supply: 40,000,000 ALPINE

Total Tokens Allotted to Binance Launchpad: 4,000,000 ALPINE (10% of Total Token Supplies)

Public Sale Token Price 1 ALPINE = 1 US Dollar (prices in BNB to be established prior to subscription).

Token Sale Format: Subscription

BNB Only: Supported Session

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