The total number of Coin98 tokens is 1,000,000,000, of which 50,000,000 (5% of the total number of tokens) are allocated for Binance Launchpad.Binance has announced the sale of Coin98 (C98) on its platform to launch an initial token offering. The sale of Coin98 tokens is already the 20th project on Binance Launchpad, which uses the Launchpad subscription format with the recording of user balances in BNB, starting from July 16 at 03:00 to July 23.According to Binance officials, the exchange will determine the maximum amount of money that each user can invest in BNB within seven days based on the calculation of the average BNB rate for the day, already announced by Binance. The expected exchange rate of 1 C98 token is 0.075 USD, although Binance will announce the actual exchange rate only before launching the token.Learn more about Launchpad on BinanceThe sale of new tokens on Launchpad resembles the sale of new tokens that cannot be bought anywhere yet, at low prices. The bottom line is that there is a common BNB pool and a common COIN98 pool. Depending on who throws how much into the BNB pool, the percentage of these C98s will be distributed. The more BNB you have, the more you can buy C98 as a percentage, taking into account everyone who wants and everyone's bid.The total number of C98 tokens is 1,000,000,000, of which 50,000,000 C98 (5% of the total number of tokens) are allocated for Binance Launchpad. The subscription will be open to all eligible users for 4 hours. Users must sign an Agreement to purchase tokens. BNB user accounts will be locked after the user completes the operation, and will be available for trading, withdrawals and transfers only after the final distribution of tokens.The final distribution of tokens will take place on July 23 at 14:00 and the corresponding amount of BNB will be deducted from the amount that was blocked.After the deduction, the C98 and BNB tokens will be transferred to the users ' spot wallets.Read more: Binance: history, features, coins and verificationWhat is Coin98Coin98 is an inter-network liquidity protocol that uses Internet aggregation through innovative solutions such as Multi-chain Engine, Fully automatic liquidity and Space Gate (cross-chain bridge). The platform provides users with access to the DeFi ecosystem, including borrowing protocols, decentralized exchanges, games running on the blockchain, as well as network management (via Snapshot). Users of the platform can also switch from blockchain to blockchain through mobile applications. The protocol provides a complete set of products, including Coin98 Wallet, Coin98 Exchange and Coin98 Bridge, and allows you to easily transfer assets.The C98 token is the platform's own service token for paying for services, as payments for staking, management and unique membership rights.The Coin98 wallet is built as an infrastructure for the future of the crypto world based on a variety of blockchains. It supports more than 20 blockchains, such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra and so on. The Coin98 wallet allows users to store, send, receive, manage crypto assets and connect to dApps on the blockchains that it supports.Coin98 Exchange is a multi-chain liquidity aggregator. It allows users to exchange cryptocurrencies, place bets, borrow, earn cryptocurrency with the best rates and low slippage.Space Gate: An inter-network bridge that allows you to exchange and transfer assets over several networks. Supports token exchange between ERC20, BEP20, SPL tokens, etc. "Due to the fact that the Coin98 wallet contains several chains, it provides a "permanent connection", helping users to access numerous DeFi services through separate block chains without problems and at the same time. Users can also make transactions with tokens with an optimized gas commission and simultaneously manage several digital assets in the Coin98 wallet, " the company wrote on its official website."The C98 token supports multiple tokenomics, serving as both a management and a service token. The C98 tokenomics unites the entire Coin98 ecosystem, " they added.