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What is Binance Launchpad, how it works, is convenient, risks and projects

Binance is a widely known cryptocurrency exchange with around 38 million users worldwide. In addition to facilitating the purchase and sale of cryptocurrencies, Binance also offers a number of other equally useful services to customize the needs of traders, users and holders of cryptocurrencies. Binance has also developed its own blockchain system called Binance Smart Chain, where all developers can create or move their own DeFi projects, tools, or apps.

In January 2019, Binance announced that it would introduce a new financial service called Launchpad to the cryptocurrency market for the first time. Binance kicked off with BitTorrent Token (BTT), followed later by projects such as Polygon (MATIC) and Axie Infinity (AXS). The term Initial Exchange Offering (IEO) has become common for the method binance uses for the Launchpad.

With the English term IEO on Binance means that you, as an investor, can buy before all, new altcoins exclusively if you deposit as collateral mainly in Binance Coin (BNB). Binance sells the new tokens via a multi-purpose lottery system, and IEOs have so far offered annuities, as in the case of Matic, even higher than 100%. Their success is based on the fact that Binance has carefully selected the projects promoted through the launchpad, which has led to splendid returns for investors both in the short and medium term.

What is Binance Launchpad

Binance Launchpad is basically a platform where investors can discover new and promising DeFi projects. Launchpads are mostly considered safe because featured projects are usually carefully selected by the platform and before being promoted to the public. Through the introduction of Binance Launchpad, the exchange pioneered the concept of Initial Exchange Offering (IEO), which is a cryptocurrency fundraising model where projects are supported by exchanges.

Binance Launchpad is a financial product launched in September 2020 in response to the increasingly important DeFi division in the cryptocurrency industry. Binance Launchpool is focused on offering its users, tokens of DeFi projects to buy before they are made available to all investors. At Binance Launchpool, you are rewarded for staking established altcoins such as BNB or Binance USD (BUSD). The respective DeFi tokens, also listed in parallel on Binance, are then distributed to funds deposited with Binance Launchpool.

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Projects such as ALICE, ALPHA or REEF have already generated returns of more than 1,000 percent with Binance Launchpool. The voice of the program has spread in the DeFi space and once again there are benefits for all parties involved. Young DeFi tokens attract attention and Binance as an exchange, investors get promising coins without their own active financial investment, Binance binds customers and DeFi to itself.

How Binance Launchpad works

Similar to Binance Launchpad, the launchpool supports promising crypto projects in their early days. These projects are more likely to be successful in the long term since they are exposed to Binance’s large user community. Meanwhile, launchpool’s success also contributes to the growth of the worldwide community, which can be an advantage for both users and crypto projects.

To use Binance Launchpad’s financial service you need a verified account on the platform. Binance is always announcing new projects on its home page and from there it only takes a few clicks to sign up for current promotions on Launchpool or Launchpad. Alternatively, you can check at any time under the Binance Launchpad menu item if and what projects are currently offered. Binance Launchpad uses a lottery system to distribute its tokens. Once a new IEO is announced, a certain amount of BNB tokens will be taken from the holdings of potential investors over a specific period of time that varies depending on the sale. Immediately after the end of the period, there will be a ticket request button for users who have left in BNB staking.

The Binance Launchpad concept has so far benefited all parties involved: new projects receive publicity, and through IEO, the development team gets start-up capital relatively easily. Binance demonstrates innovation through IEOs and motivates customers to hold Binance Coin (BNB) as a requirement to participate in IEOs. You as an investor can rely on a professional preselection of the projects presented there on Binance Launchpad and hope for good chances of short-term profit and medium-term dream returns.

Difference between Launchpad and Launchpool

Binance Launchpad is the older of the two platforms, dating back to 2019 and has an 18-month seniority compared to Launchpool. If you want to support new and reliable cryptocurrency projects, you should join Binance Launchpad and choose a project to invest in. The return on Binance Launchpad for investors who remained patient averaged more than 1,000 percent. Meanwhile, if you have some spare tokens and are currently looking for a passive income opportunity, Binance Launchpool is your best choice.

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No matter which option you choose, you should register and create a Binance account before you can log in to any of these platforms. Once the verification process is complete, you simply need to log in to your account and start your journey with Binance Launchpad and Launchpool.

In June 2021, Binance did some calculations and achieved impressive results when it came to Launchpool and Launchpad: both programs together had distributed coins for about 143 million US dollars, which were already worth almost a billion dollars in the summer of 2021.

Binance Launchpad is worthwhile

When a crypto project qualifies to be present on Binance Launchpad, it means that it will get full support from Binance from before the token is issued until promotional activities. The exchange also offers project guidance from the listing and investment teams, which basically evaluate and monitor each project.

In addition, being featured on Binance Launchpad is a huge advantage for cryptocurrency projects because they will be exposed to millions of cryptocurrency holders and active investors within the Binance community.

The projects will also be listed and will have world-class liquidity along with many popular trading pairs.

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Is Binance Launchpad Safe? Risks

All projects supported on a launchpad are selected by the exchange and must go through a rather rigorous selection process before being offered to the public. Each project on Binance Launchpad must meet a number of requirements.

Binance has certain criteria for accepting or rejecting a project, including tokenomics models, a brief history of the project development team, development of the project at a relatively mature stage, eligibility for wider-scale adoption, and the potential to benefit from the growth of the wider community.

We can give a clear recommendation for Binance Launchpad and Launchpool from our experience. There are no hidden costs, and the IEOs on Binance Launchpad are transparent. With both programs you come into contact with innovative approaches in the cryptocurrency industry at an early stage and benefits of very interesting profit opportunities with smart timing.

Next Binance Launchpad

Through the official Binance community page you can stay up to date on upcoming Launchpad projects and vote on what you would like to be the next project. At the time of writing this article, voting is open and the choice is between the TT token and the MDT token.

Another way to stay up to date on the promotions offered by Binance is to subscribe to the official telegram channel.

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Price prediction

BTCs change trajectory upwards | Rising forecast for Bitcoin

Forecasts for Bitcoin (BTC) change after price action has changed trajectory. In this regard, there are a number of analysts who fear a downward trend throughout 2022 after the recent market imbalances. In this context, we are not sure that BTC/USD will be able to end the year above its initial price.

Can Bitcoins rise from the recent bottom?

The question is legitimate considering the recent downward trends in the market! In this context, it is feared that Bitcoin may consolidate in a smaller than expected size due to the upheavals of the global economy. That is why the forecasts on the prices of BTC have definitely changed with a collapse in demand due to the macro pressures that connected with the implosion of Terra LUNA have caused the overcoming of historical lows.

What will happen in the coming months has a lot to do with a key event where the BTC/USD pair could fall to $20,000 or less. This scenario would confirm the risk status of BTCs. It is also true that under this fund we can no longer descend. As a result, many are hoping for the twist that usually occurs after such a deep fall. To the extent that Nasdaq and Bitcoin rise, the fact that the market has already bottomed out could be an advantage.

In this context, the US exchange Coinbase has suggested a series of forecasts based on some indicators that in fact inform us about the nature of this imminent change. The idea of an actual upside is still far too elitist with many traders considering its push decidedly flat, yet correlated stock markets have posted gains that portend a different future. In this regard, a good slice of analysts spoke of a forecast of $ 200,000 for 2022 made shortly after the last all-time high of $ 69,000 last November.

On this wavelength it is clear that there is still a lot of confusion about what can be done to intervene. The argument is that basically it is not clear how much the bullish movement can be a reality right now with different schools of thought. According to MicroStrategy CEO Michael Saylor, it is to firmly reject any suggestion of a permanent price reduction.

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At this point it is fair to remember that those who supported a permanent bearish wave have completely lost credibility. If the deniers of the rise were wrong, it is evident that something went wrong. As a result, Saylor says, “if it doesn’t go to zero, it’s going to go to a million, referring to the fact that if the negative outlook on this asset is not completed then the upside will be inevitable.

Concluding the uptrend that seems to be an immediate possibility would certainly shake up the market by offering investors an opportunity for redemption despite the detractors who continue to row against. What we need to understand is that there is nothing deeper than the abyss touched by BTC in recent sessions. Now you can only bounce upwards and recover the accumulated losses.
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The Sandbox price predictions 2022, 2023, 2024, 2025 where to buy

The year 2021 was as crazy for SAND as it was for the entire market. In January 2021, SAND recorded decent growth. But what are the price forecasts for 2022, 2023, 2024 and 2025?

Historically, human beings have always been interested in art and entertainment. Today, the entertainment industry is one of the most profitable at the monetary level. People like to listen to music, watch TV, watch works of art, attend concerts, theater performances, and play different games. As life becomes more digital, so does the way people enjoy themselves. Before the technological revolution, people had to go to the theater to see a show. Now they can simply open the computer and go to Netflix, select a movie and enjoy the show. Also, years ago, people had to go and listen to the musicians who performed live. While today they can listen to anything using their phones.

Blockchain technology continues to attract new institutional and retail investors. After the announcement of the name change of Facebook and the big investments related to the world of the metaverse, the gaming industry is preparing to take the next step and change the life of every player forever. In addition, the gaming industry is bringing the virtual world into the real world through the metaverse. At the time of writing, the metaverse is still small, but as the implementation grows, so does the metaverse.

Many companies such as Atari, Binance and Adidas have purchased packages in the Sandbox metaverse. In addition, TV shows such as The Walking Dead and The Smurfs have also purchased their own packages. As the icing on the cake, Snoop Dogg recently purchased dozens of lands to advertise his products and music. Some of the most promising metaverse projects are Decentraland with huge growth forecasts, Sandbox, Metahero and ECOMI. However, Sandbox is really the center of attention. The opening to the Alpha phase, which took place on November 29, 2021 and closed on December 20, has done nothing but turn the spotlight even more on this world. But what is Sandbox? Is it really convenient to invest money and buy this crypto for the future? What could be the price in 2022 and the next 5 years (2023, 2024, 2025, 2026)?

The Sandbox ($SAND) Crypto what is it?

The founders of this project are Arthur Madrid and Sebastien Borget. Although the official founder is Pixowl, Arthur and Sebastien were CEO and COO of Pixowl at the time of sandbox’s launch. Sandbox is a virtual world built on the Ethereum blockchain. In it, people can build, create and exchange in-game digital assets. Their main goal is to connect the real world to the virtual world, the world of games to be more precise.

$SAND is the token that powers the Sandbox project. At the time of writing, there are about 913 million SAND tokens in circulation. This token has a maximum supply of 3 billion tokens, which makes it a token with a limited supply.

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The original Sandbox game was launched in 2012. However, the creation of the blockchain version of Sandbox, the Metaverse Sandbox, began in 2018. The Alpha version was released on November 29, 2021. This was one of the main causes of Sandbox’s price increase. What makes Sandbox special is its planned decentralization level. The leadership of the Sandbox project could be entrusted to a decentralized autonomous organization (DAO). This means that there may be no central authority and the power of government is returned to the users. Many people call the Sandbox metaverse the decentralized and updated version of Minecraft.

The price of The Sandbox over time

According to CoinMarketCap, Sandbox entered the market on September 15, 2020. Initially, SAND was trading at $0.051. However, only after two weeks, SAND reached a price of $ 0.073. After setting an all-time high, the price of Sandbox returned to its initial price. Its price rebounded between $0.038-$0.051 throughout the rest of 2020. That said, SAND left the year 2021 with an exchange value of $0.035.

The year 2021 was as crazy for SAND as it was for the entire market. In January 2021, SAND recorded decent growth. By the end of January, its price had doubled and 1 SAND was trading at $0.082. The upward trend has been going on for months and on March 28, SAND set a new all-time high of $0.83.

In the summer of 2021, SAND lost more than half of its value. By June 21, SAND had fallen to $0.17. However, this token did not need much time to recover. On September 1, SAND returned to the track and finally crossed the $1.00 milestone. The token met a resistance level around the price of $1.00, causing the price to fall. On October 29, 2021, SAND finally broke the resistance. On November 3, 2021, SAND reached a new all-time high of $3.21. Just 3 weeks later, SAND set another all-time record reaching a price of $8.51.

The SandBox Sand price predictions 2022 – 2023

Sandbox has received all the attention lately due to its big bullish movement and the release of the game in alpha version. Most of the predictions about this token are bullish, but only a few provide a reason to believe that the future of this token is really bullish.

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On December 4, 2021, retrace, on the day of the Bitcoin crash, going to rebound to the price of $ 4.1048. After a strong bullish impulse started in mid-June, which saw the price soar to 5467%, discharge are 51%. According to Gov Capital, SAND could grow even more during the year 2022. Their forecast shows that SAND will be trading at a price between $1.36 and $0.50 by the end of May 2022. Once the bear market is over, many investors will also be optimistic for the year 2022, giving SAND a possible annual high of $4.61. Moving forward, SAND could continue its growth and surpass the $8.00 milestone during the year 2023. By the end of 2024, 1 SAND could be worth up to $37.49. In the long run, SAND could reach a trading value of $73.42 in exactly five years’ time..

The best exchanges to buy The Sandbox and your Sand token are Crypto.com (get $25 free with the code rvyc2zzuaa), , Binance and Kucoin. These 4 exchanges have both a smartphone application and a professional exchange that can be used from a PC. Coinbase and FTX have also joined the list in recent months.

Sandbox (SAND) Price Prediction 2024

The year 2024 could be golden for the cryptocurrency market.

Sandbox is expected to enter the year 2024 with a price of about $ 33. However, the price of SAND could explode in the fourth quarter of 2024, causing it to exceed the $50 milestone.

By the end of the year 2024, SAND could be trading at $47.50.

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Sandbox Price Prediction (SAND) 2025

Similar to 2021, the year 2025 could be the year when SAND will experience the consequences of Bitcoin’s halving event. This means that the market around SAND could continue to be bullish.

As a result, the price of SAND could double during the year 2025. By mid-2025, SAND could reach an exchange value of between $64.00 and $70.00.

After this peak, its price could return to $55.30 and then skyrocket once again. On December 31, SAND could reach a price of $80.

The sandbox (SAND) price prediction 2026

Talking today about what could be the cryptocurrency market in 5 years is not very easy. However, we can imagine that in 2026, the market could be less volatile, which would mean much narrower price movements.

After that growth, SAND could drop to $75 and build a support zone there. SAND can start a slow uptrend.

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Due to its offering, SAND may experience a slow rather than rapid increase. However, this would be a good thing for SAND as it would reduce the likelihood of a dump. After exactly five years, SAND could reach an exchange value.

Will Sandbox (SAND) reach $100?

The answer could most likely be yes. Sandbox has earned invectors over x100 since it was first launched. However, this cryptocurrency still has a lot of room to grow.

Unlike traditional online games, The Sandbox is a whole ecosystem. This allows it to perform several functions at once.

In addition, Sandbox uses a Play-to-Earn model that allows players to earn actual money paid in cryptocurrency. People can even implement their DApps in the metaverse. This will serve as an incentive for people to start playing and investing in the game.

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Where does the value of Ethereum come from? Founder, euro chart, mining

Andreessen Horowitz (a16z), a Silicon Valley-based venture capitalist, has released his first edition of the annual report covering the state of the cryptocurrency market. During the discussion on new developments in the industry, a16z said that Ethereum continues to dominate the web3 space but could face competition from some other projects that have shown a similar growth trajectory..

“Ethereum dominates the web3 conversation, but now there are many other blockchains as well. Blockchain developers such as Solana, Polygon, BNB Chain, Avalanche, and Fantom are aiming for similar success. ”

The report states that Ethereum’s position and its future value is at the top of the cryptocurrency scale is largely based on the advantage of having been one of the first cryptocurrencies and on an evergreen community. As a result, developer interest in Ethereum has far outpaced other competitors: Ethereum has nearly 4,000 monthly active developers while the second closest was Solana with 1,000 users and Bitcoin with 500. However, a16 added that Ethereum’s decision to choose decentralization over scaling was to allow smaller competitors to attract users by charging lower gas fees and offering faster transactions. The network has also faced competition from blockchains that offer interoperability and “layer 2” technologies that reduce costs by expanding the available block space.

How close the other projects are to Ethereum

In fact, several projects have gradually risen to the top of cryptocurrencies after the success of Ethereum. The likes of Solana, Cardano, Avalanche, BNB, and Polygon have amassed a large user base, and some even have distinct network advantages over Ethereum. But have they really eclipsed the market leader? We would like to remind you that if you buy Ethereum, you then have the opportunity to get a passive income by staking it on Cefi platforms. Learn more about how to do it >>>

Well, in terms of revenue on the chain, Ethereum was still the most valuable blockchain in the world. It reported revenue of $30 million in April according to Cryptorank, easily beating the second highest BNB chain by nearly $600 million. Bitcoin held the 4th position with a 30D turnover of $12.5 million.

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In addition, in terms of average daily issuance, Ethereum has maintained an advantage over Bitcoin. The amount of coins created by a particular network minus the amount that is destroyed is known as Burn. In short, the average daily issuance indicates the usefulness of a network in terms of transactional activity. Moving on to NFTs, smaller projects still had to challenge Ethereum’s dominance. Home to some of the largest and most well-known NFT markets in the space, including the world’s largest NFT platform, OpenSea has recently offered its customers the ability to pay by credit card. According to the Cryptoslam data tracker, Ethereum ranks first in terms of blockchain by NFT sales volume. Axie Infinity and Solana are in second and third position.

The value of Ethereum in Euros over time

Ethereum remains the leader but its position as the best crypto blockchain although its leadership in the future is not entirely secure. With many projects on his heels he will have to know how to defend himself. Ethereum’s euro value could reach a new all-time high over the next eight years. According to the growth assumptions expected by the best crypto consultants and analysts, the price could grow up to 15,450 euros.

The number of Ethereum coins currently in circulation is very different from when the Ethereum blockchain was first launched in the summer of 2015. At the time, there were about 72 million ETH. In January 2021 there was a circulating supply of 113.5 million tokens and now they are about 120 million.

Ethereum is the number one choice of the best cryptocurrencies to invest in 2022. Most of the cryptocurrency projects analyzed in this article are based on the Ethereum blockchain.

Who is the founder of Ethereum?

While Bitcoin reigns supreme in the cryptocurrency market, Ethereum is the second largest on the market, and it was the fruit of Vitalik Buterin, who came up with the idea when he was just 19 years old. Vitalik Buterin’s estimated net worth is 355,000 ETH, which equates to about $1.5 billion. Vitalik has most of his net worth in his project, Ethereum, and other digital assets like Shiba Inu.

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Nine years ago, Buterin envisioned Ethereum as a way to leverage the blockchain technology behind Bitcoin for all kinds of uses besides currency. Since then, Ethereum is like the fundamental layer of what proponents claim will be a new decentralized, open source Internet.

Vitaly Dmitriyevich “Vitalik” Buterin (Russian: Виталий Дмитриевич Бутерин; born January 31, 1994) is a Canadian-Montenegrin programmer and writer of Russian origin, best known as one of the co-founders of Ethereum.

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