Binance Launchpad is planning to create a healthier token launch market in 2019.
The token sale platform will be launching new tokens and token sales almost every month this year.
The first two sales to go live on the platform this year are BitTorrent and Fetch.AI.
Both token sales will be held exclusively on Binance.
Bringing New Projects to the Market
Binance Launchpad is designed to help transformative startups in the blockchain industry get more exposure and investment via token sales.
These projects also get access to the Binance ecosystem, and Binance views it as part of its larger mission of aiding cryptocurrency adoption.
Changpeng Zhao, the exchange’s founder, and CEO noted:
“In 2019, Binance Launchpad will help launch projects serving the universal cryptocurrency ecosystem as a whole that benefits people around the world. Bringing on distinguished token sales to the Launchpad platform is part of our continuing efforts to create a more secure and open token launch environment, paving a healthier market in 2019 and beyond.”
Getting to Know the New Projects
CZ said that they are starting the New Year with two projects that already have strong existing products and teams.
He said that both projects would bring real use cases to the industry and enhance crypto adoption as well.
BitTorrent is a unique content sharing platform with a protocol empowering the next generation of content creators.
It helps the creators in getting access to tools to distribute their content directly to users on the web.
The second project is Fetch.AI – a decentralized blockchain network solution which is artificial intelligence-driven – is working to create the missing and much-needed infrastructure for the digital economy of tomorrow.
Binance Launchpad finds its strength in its rigorous selection process of finding projects that are compliant, have strong products and teams, scalable projects, and a potential to benefit the crypto community globally.