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Binance announces the IPO of Voxies and its digital currency VOXEL

Binance announces the IPO of Voxies and its digital currency VOXEL

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Answer Binance announces the IPO of Voxies and its digital currency VOXEL

The Binance platform announced the 25th project on its Binance IPO.

The new project is called “Voxies” and its digital currency is “VOXEL”.

The sale of the digital currency “VOXEL” on Binance will follow the coordination and mechanism of previous subscriptions.

Whereas, BNB balances for users will be recorded starting tomorrow, December 7, 2021 at 00:00 AM (UTC).

Binance records user BNB balances for 7 days from December 7, 2021 to December 14, 2021.

The final amount of BNB withheld per user will be determined as the average of the seven days, using the calculation of the daily average BNB balance.

VOXEL Cryptocurrency subscription details:

  • Digital currency name: Voxel.
  • Subscription objective: He raised 6 million dollars.
  • Maximum allowed per user: $15,000 (75,000 VOXEL).
  • total width: 300,000,000 voxels.
  • Total cryptocurrencies allocated for subscription on Binance: 30,000,000 VOXEL (10% of total supply).
  • The general selling price of 1 VOXEL is estimated at $0.2.

An overview of the Voxies project:

Voxies is a free 3D Tactical RPG based on the Blockchain.

Read:The developers of the “ICON” project announce the creation of an integration protocol with the “Polkadot” system

Players do not need to have any cryptocurrency experience to play the game nor do they need to have a Voxie NFT to earn Voxel Coins through their in-game activities.

Voxies will be able to adopt more players, as players do not need any capital to get started.

Voxies’ in-game mechanics (market, equipment crafting, and PvP battles) will be the primary demand driver for the VOXEL digital currency.

VOXEL Subscription Schedule:

Preparation period:

Starts tomorrow December 7, 2021 at 00:00 AM (UTC) to December 14, 2021 at 00:00 AM (UTC).

During this period, the user’s BNB balances will be calculated in hourly snapshots for each day over the 7-day period.

The average daily BNB balance during these 7 days will determine the maximum amount of BNB that can be committed later.

Subscription period:

Starts on December 14, 2021 at 06:00 AM (UTC) to 09:00 AM.

At this time, the subscription will be open to all eligible users for a period of 3 hours, which we will note about in The Arab Bitcoin Channel on Telegram.

Read:Binance announces zero-fee trading on the Ethereum pair with BUSD

Users must also sign a coin purchase agreement.

Please note that once you commit and enter the subscription period, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until the final distribution is made.

Final Distribution Period:

The final distribution of the sub-written cryptocurrency will be on December 14th at 10:00 am (UTC).

As the currency allocation will be finally calculated to the subscribers’ wallet, the corresponding BNB will be debited.

Once debited, your VOXEL and BNB will be transferred to your instant wallet.

Read also:

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The Cardano project reaches 1 million staking wallets…how does this affect the price of ADA?


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