Pay close attention! Today's news that I brought to you is exclusive and from the heart of the event, especially for the cryptocurrency community and followers of the #بايننس platform.
A new coin is launching in the market called Spark (SPK$), and the best news is that they are distributing some for free to users.
What’s the story of the "Launchpad" and this SPK coin?
As is clear in the image, Binance is doing something called the "Launchpad", which is a way to support new projects and introduce them to people. This new project is Spark (SPK).
The idea is that the project is doing an "Airdrop", which means they distribute some of their coins for free to eligible users. The goal is to promote the new coin and create a community interested in it from the start.
How is the distribution done and who are the lucky ones?
This distribution is not random. From what is clear in the image, the process is linked to people who have BNB (the Binance platform's own coin).
Free distributions for holders: this means that if you are a "holder" or own BNB, you will get a share of the free distribution.
Average free distribution: the image shows that for each BNB, they give you about 11.5733 of the new SPK coin. The more BNB you have, the larger your share of the new coins.
Let's talk in numbers so we can understand better:
Transparency in the crypto world is important, and the project clarified everything:
Coin name: Spark (SPK)
Total number of coins: the maximum number of coins that will exist is 10 billion SPK coins. This is the total and final supply.
Airdrop amount: They allocated 200 million SPK coins for free distribution to token holders (who are BNB holders in this case). This amount represents 2% of the total supply.
Additional marketing budget: after the coin is listed for trading, they also allocated 50 million additional SPK coins for marketing campaigns and advertisements to increase the coin's visibility.
The countdown and the most important event: listing
The most important thing you need to focus on is zero hour! The image states "Listing in: 12 hours and 58 minutes".
This means that after this time ends, SPK will officially launch in the Binance spot market.
At that time, anyone can buy and sell the coin just like any other coin such as Bitcoin or Ethereum.
Its price at that time will depend on supply and demand in the market.
In summary:
In short, the Spark (SPK) coin project is entering the market strongly and using the huge Binance platform to make a name for itself from the beginning.
They are distributing 200 million coins as a reward for BNB holders, and shortly after, the coin will be available to everyone.
This is an opportunity for people to learn about a new project from the very beginning.
But it is very important, before any step, to research the project yourself and read its details and goals to be informed.
The cryptocurrency market has opportunities, but it also has significant risks. Be cautious and good luck to everyone.
