Is anyone planning to take part in the Open Campus (EDU) Binance Launchpad?

[cryptomaniac_xxx]

To be honest, I have never taken part in an IEO on any centralized exchange. However, Binance has recently introduced a new subscription model for new projects that requires a commitment of BNB.

I also have never participated in an IEO on any centralized exchange, the main reason as far as I know is that it needs level 1 or 2 account verification and I would avoid such.

Since Binance imposed KYC I left, but I want to ask is IEO really profitable? Isn't it better to wait for the opening of trading to at least know the real price?

Yes, it is mandatory to complete the KYC process to participate in Binance Launchpad. Since I have been trading on Binance from the beginning, I had to verify my account. Participating in Binance Launchpad can be profitable in some cases, as I have researched a couple of projects that have launched on it and have gone up by 10x to 20x after the initial trading period. However, it's important to keep in mind that any initial investment in a crypto project is always risky. This will be my first experience with Binance Launchpad, and I will share if I can make profits from it.

That's true, and just like the rest of the altcoin market, we don't know if it is going to be profitable or not, unless we take that risk. I also been trading at Binance and I have a account there, but just like some of us here, I never take part of any IEO launchpad since their platform introduce it.

Oh, so this will be your first launchpad, good luck to you mate, hopefully it will be a success. And to be honest, I thought that the whole IEO model has somewhat dried up because the hype of it is around 2019 if I'm not mistaken. Although Binance is one of the top crypto exchanges that we have and that's why the modelling is still alive and somewhat giving investors a good profits.

[lobo13hf]

seems like everyone has been having good investment with this project, unfortunately i was too focused with sui that i just missed this project and seeing that many have made such good returns from small investments i've been feeling missing out on this but that's okay i guess, still many opportunities from various coins.

[Rengga Jati]

To be honest, I have never taken part in an IEO on any centralized exchange. However, Binance has recently introduced a new subscription model for new projects that requires a commitment of BNB.
 ...
Is anyone else planning to invest in EDU?

I have several times joining Binance launchpad. But this time, I willl not take part anymore. Because I don't think that it will be worthy for me because I only have small amount of BNB. So the portion is very small like usual. Not really worthy to wait, moreover if we are too late in selling the coin after open trade. This will not be worthy.
But if you have big amount of BNB at least, it is good for you because this will commonly be suuccessful, especially after launching and tradable.

[tvplus006]

Eventually today I took part in the EDU Launchpad on Binance and had an amazing experience, earning a decent amount of money. I was allotted 0.13 BNB according to my committed BNB, and the price shot up by over 2000%, so I didn't have to wait long to make a profit. I sold at around $1, while my purchase price was $0.05, making a total of $850 in sales and a net profit of approximately $800. As a BNB holder, this was a better option than letting my BNB remain idle.

In order to get such a profit, it was necessary to have about 150 BNB on your balance, which at the current exchange rate is about 50 thousand dollars. It was easy for me to make such a calculation, since my distribution was exactly 10 times smaller than yours, and I also hurried to sell EDU coins for $1, although later their price increased by another 50%.

...For security reasons, I transferred my BNB back into my ledger. If the opportunity arises, I will certainly participate in another launchpad as it's quite interesting to make a decent amount in a short amount of time.

If you have confidence in the Binance exchange, you can place your BNB coins in the Launchpool - https://launchpad.binance.com/ru-UA/launchpool/RDNT_BNB and receive RDNT coins as a reward. Anyway, that's exactly what I'm doing.

[cryptoaddictchie]

Eventually today I took part in the EDU Launchpad on Binance and had an amazing experience, earning a decent amount of money. I was allotted 0.13 BNB according to my committed BNB, and the price shot up by over 2000%, so I didn't have to wait long to make a profit.

Damn 0.13 bnb means you have a lot of bnb dueing snapshot period if we based it on the calculations. I have 0.04bnb allocation and got some good profits too.

That a smart thing to do to pulled it out back as Binance only profitable option is launchpad and launchpool. As their APR on staking is not that high. But for edu tokens, I think the marketcap isnt that much high or still young. I still think it could go arounf 4 to 5$ if the market drive upwards. But profit is profit so congrats.

If you have confidence in the Binance exchange, you can place your BNB coins in the Launchpool - https://launchpad.binance.com/ru-UA/launchpool/RDNT_BNB and receive RDNT coins as a reward. Anyway, that's exactly what I'm doing.

This is worth it if the bnb is massive in your purse as the APR isnt that high but parking with their launchpool is also passive since its earning a hefty of free tokens. Yes you are right, only if they are confident of the exchange.

[GreatArkansas]

Binance Launchpad right now seems good, because if we take an example just like what happened on the recent launchpad of Binance, the Space ID. A lot of participants or even those people who just bought after it started trading on their exchanges.
This is good to watch closely. This is still good buy just ever some of us will not able to join to their Binance Launchpad.

[killerfrost]

I also took out some capital to mortgage and borrow BNB to participate in IEO, indeed to me, binance's IEO is something very attractive, they always ensure good profits for new projects. ..

If you buy BNB after the Launchpad is announced and sell after its completion, then you will certainly receive a loss that will not be compensated by the profit received as a result of the distribution. Profit will be recorded only by those who hold BNB in the hope that the price will exceed the previous ATH and for whom participation in the Launchpad is an additional income.

The truth is going against everyone's imagination, I sold BNB after IEO, and also received a profit after IEO this time about nearly $7000. I hope everyone who participates in this IEO is happy with it, but I really find it funny that so many people keep doubting things they haven't experienced themselves and just make sure it happens according to their mind.

[posi]

I have participated in many projects that are open for sale on Binance Launchpad and can say that most of them are profitable. The projects on Binance are mostly quality and have been carefully selected by them. But in my opinion, to get a good profit from joining Binance Launchpad, we need to have a large amount of BNB and buy it at a good price. Otherwise, the slippage of BNB after Launchpad ends could also make us lose without any careful calculation.

[gurunanakji777]

Although I haven't participated in any IEOs yet, when I heard about Binance Launchpad, I felt that at least it would be more genuine than other IEOs, in my opinion. So, I think we can take some risks and invest in it. It appears to be worthwhile to invest in Open Campus (EDU).

[tvplus006]

The truth is going against everyone's imagination, I sold BNB after IEO, and also received a profit after IEO this time about nearly $7000...

I still didn't understand, on account of what did you get a profit of 7 thousand dollars? The profit was made due to the difference between buying and selling BNB coins, or did you get an allocation in the Launchpad and these EDU coins were sold with a profit of $7k?

[domoy77]

The truth is going against everyone's imagination, I sold BNB after IEO, and also received a profit after IEO this time about nearly $7000...

I still didn't understand, on account of what did you get a profit of 7 thousand dollars? The profit was made due to the difference between buying and selling BNB coins, or did you get an allocation in the Launchpad and these EDU coins were sold with a profit of $7k?

We can assume he can earn $7k profit from launchpad Edu coin, because EDU is selling for $0.05 on launchpad program so currently high profit if he has manny allocation of EDU tokens, launchpad program is always profitable and we will get more launchpad tokens if has a lot of BNB, but not all new coins are worth investing in as some seem to have very little potential to recover to their previous highs.

[SistaFista]

Well, Binance launchpad usually runs good projects on their platform and the value of binance launchpad coins are high.
Therefore, it is worth to try if you want to invest on it. But i think it is not that easy.
Binance have some requirements to be fulfilled if we want to take a part in the launchpad.

[Fesatmas]

To be honest, I have never taken part in an IEO on any centralized exchange. However, Binance has recently introduced a new subscription model for new projects that requires a commitment of BNB. Despite being an old crypto user, this is a completely new concept for me. Upon conducting thorough research on all previous projects launched on Binance Launchpad, I became interested in committing to it. On April 28th, Binance Launchpad will be launching Open Campus (EDU) and I have set aside some BNB to invest in it. I am aware that it involves a certain level of risk, but it's a risk worth taking as we cannot earn without taking chances.

Is anyone else planning to invest in EDU?

I joined Launchpad with a capital of several BNB, but I experienced a failure in redeeming a subscription because it turned out that the calculation of the BNB allowed as payment was the accumulation of the daily percentage of BNB ownership, because maybe I had the BNB two days before subscribing, not to make a redemption of EDU tokens are not enough, because the accumulated daily percentage of BNB holdings I collect 0.09 BNB while the minimum redemption is 0.1, I think many people think that they can join this event, in the last two days with 1-4 BNB and failed. And indeed the Binance Launchpad is quite tempting to follow.

[Yatsan]

To be honest, I have never taken part in an IEO on any centralized exchange. However, Binance has recently introduced a new subscription model for new projects that requires a commitment of BNB. Despite being an old crypto user, this is a completely new concept for me. Upon conducting thorough research on all previous projects launched on Binance Launchpad, I became interested in committing to it. On April 28th, Binance Launchpad will be launching Open Campus (EDU) and I have set aside some BNB to invest in it. I am aware that it involves a certain level of risk, but it's a risk worth taking as we cannot earn without taking chances.

Is anyone else planning to invest in EDU?

I joined Launchpad with a capital of several BNB, but I experienced a failure in redeeming a subscription because it turned out that the calculation of the BNB allowed as payment was the accumulation of the daily percentage of BNB ownership, because maybe I had the BNB two days before subscribing, not to make a redemption of EDU tokens are not enough, because the accumulated daily percentage of BNB holdings I collect 0.09 BNB while the minimum redemption is 0.1, I think many people think that they can join this event, in the last two days with 1-4 BNB and failed. And indeed the Binance Launchpad is quite tempting to follow.

Probably because of the minimum redemption. Problem is that they did not specifically mentioned the amount in order for potential participants to have an idea whether they can afford atleast the minimum or not.  However, the release of this token deem to be successful because its market value jumped 'til $1.62 from .05. It has a good concept as well which makes it a candidate for long term holding and would be worthy of waiting until the next bullrun. But since the vplume is not that high days after the release, risk will be there for sure.

Binance is also known for auccessful release of their launchpads and if it is just potential, then ofcourse they have it. Just beware of sudden inactivity with some of their projects because it could leave you at the middle; either you join the event or wait for its release before engaging. Be careful entering halfway of price movement.

[makishart]

I joined Launchpad with a capital of several BNB, but I experienced a failure in redeeming a subscription because it turned out that the calculation of the BNB allowed as payment was the accumulation of the daily percentage of BNB ownership, because maybe I had the BNB two days before subscribing, not to make a redemption of EDU tokens are not enough, because the accumulated daily percentage of BNB holdings I collect 0.09 BNB while the minimum redemption is 0.1, I think many people think that they can join this event, in the last two days with 1-4 BNB and failed. And indeed the Binance Launchpad is quite tempting to follow.

Keep in your mind that if the final calculation based on the

Users can check their eligibility and commit their BNB to the Open Campus (EDU) token sale based on their past five-day average BNB holdings

https://www.binance.com/en/support/announcement/subscription-for-the-open-campus-edu-token-sale-on-binance-launchpad-is-now-open-67b5985c1f0b411d8b5885d4045576aa

I think that binance is also having formula to calculate it and i think that if how long you have been committing your amounts will be divided with the 24 hours.

That's why subscribing once the launch pad being launched is a must to get a good maximum allocation. The price goes from less than 6 cents to the more than 1 buck now.

[tvplus006]

Binance provides an opportunity to receive SUI coins as a reward for stake BNB and TUSD - https://www.binance.com/en/support/announcement/introducing-sui-sui-on-binance-launchpool-farm-sui-by-staking-bnb-and-tusd-f76980d5d5e54d80b1348fd446e8f5d3 "Users will be able to stake their BNB and TUSD into separate pools to farm SUI tokens over 2 days, with farming starting from 2023-05-01 00:00 (UTC)".

[aksplace]

Binance provides an opportunity to receive SUI coins as a reward for stake BNB and TUSD - https://www.binance.com/en/support/announcement/introducing-sui-sui-on-binance-launchpool-farm-sui-by-staking-bnb-and-tusd-f76980d5d5e54d80b1348fd446e8f5d3 "Users will be able to stake their BNB and TUSD into separate pools to farm SUI tokens over 2 days, with farming starting from 2023-05-01 00:00 (UTC)".

Great news, I have known about SUI token sale on some other exchanges but I was very surprised because binance is also supporting SUI project, they should have launched launchpad on binance, but unfortunately they launched open campus launchpad instead of SUI token.

[lalabotax]

Although I haven't participated in any IEOs yet, when I heard about Binance Launchpad, I felt that at least it would be more genuine than other IEOs, in my opinion. So, I think we can take some risks and invest in it. It appears to be worthwhile to invest in Open Campus (EDU).

Commonly the project will rise up succesfully after the launchpad, but we will not know how long it will last longer success.
But the most interesting thing is when we want to participate in the Binance launchpad, at least we must have many BNB amounts. Because, they will have so many participants with thousands BNB coin. So, if we only have small BNB amount, we will also get very small coins or tokens of this launchpad. And if we are thinking about it,  it seems like not really high for us.

[tvplus006]

Great news, I have known about SUI token sale on some other exchanges but I was very surprised because binance is also supporting SUI project, they should have launched launchpad on binance, but unfortunately they launched open campus launchpad instead of SUI token.

Obviously, it took a lot of effort for the SUI team to agree on a listing on Binance, since we know that Launchpool is always followed by a listing on the exchange. This is what can explain such a record-breaking short Launchpool period. If you hold BNB, then you should definitely use this opportunity to get free SUI.

[lobo13hf]

Obviously, it took a lot of effort for the SUI team to agree on a listing on Binance, since we know that Launchpool is always followed by a listing on the exchange. This is what can explain such a record-breaking short Launchpool period. If you hold BNB, then you should definitely use this opportunity to get free SUI.

I have 9 BNB and im not sure if i can earn good amounts from there. SUI gets hyped right now as binance was launching the farming pool. My friends are always talking to buy lambo with sui as they got whitelisted.  


My prediction if the price of sui will not be so far from the open campus. SUI was L1 but remember that if open campus is not having big gap compared with SUI.