Binance Coin Token Sale Statistics
The price of Binance Coin during the token sale was $ 0.15 per BNB. The Binance Coin token sale started on Jun 26, 2017, and lasted until Jul 3, 2017. Compared to its initial token sale price, BNB is currently showing an ROI of
About Binance Coin Token Sale
BNB (formerly Binance Coin) was launched during an initial coin offering (ICO) in July 2017. The ICO for the BNB token–which stands for “Build n’ Build” following the 2022 rebrand–was organized by Binance, one of the leading cryptocurrency trading platforms.
Binance’s native exchange token was launched as an ERC20 digital asset on the Ethereum network. 200 million tokens were issued at launch, 40% of which were reserved for the Binance team, 10% for angel investors, while the remaining half was sold to ICO investors at an initial sale price of $0.15 per BNB coin.
Key dates, project details, and price data pertaining to the BNB ICO:
- Binance’s BNB initial coin offering started on June 26 and lasted until July 3, 2017
- 100 million BNB tokens that were allocated for the ICO were sold during the crowd sale
- $15 million was raised through Binance’s BNB ICO
- Binance’s BNB ICO price was $0.15 per token
- The BNB ICO was held on the Ethereum platform; users were able to purchase 2,700 BNB for 1 ETH
- The Binance exchange was launched 11 days after the BNB ICO ended
- Binance used the majority of the funds raised during the ICO for marketing and platform optimization
What was the ICO price of BNB?
BNB's ICO price was $0.15. At the time of the initial coin offering, participants were able to acquire 2,700 BNB at a cost of 1 ETH.
When did the Binance Coin ICO start? How long did it last?
BNB initially found its way to the crypto market through an ICO taking place from June 26, 2017, to July 3, 2017.
How much money was raised during the BNB ICO campaign?
Binance raised $15 million in the ICO sale of 100 million BNB tokens – it used the funds raised in the public sale for exchange platform upgrades, marketing, and education initiatives.
How many tokens were sold in the BNB ICO?
100 million BNB coins, or half of the total BNB supply, were reserved for the initial coin offering campaign. Binance sold the 100 million BNB token ICO allocation in its entirety.
How much of the total BNB token supply was sold in the ICO?
Out of the total 200 million BNB token supply, 100 million BNB coins were sold during the ICO at a Binance ICO price of 2,700 BNB for 1 ETH.
On which platform was the BNB ICO held?
The BNB initial coin offering took place on the Ethereum blockchain. Initially, the BNB tokens were issued as ERC20 tokens, but the users had the option to swap them for BEP2 tokens at a 1:1 ratio when BNB Chain was launched in 2019.
Who organized the Binance Coin ICO?
The ICO for Binance Coin (BNB) was organized by the Binance cryptocurrency exchange. BNB was designed to give Binance users the opportunity to trade digital assets with discounted trading fees and the ability to participate in initial exchange offerings (IEOs) and other promotions.
