Here I am, waiting for my Lazio fan tokens to arrive and for trading to start on Binance in less than an hour! If you pay attention to what's happening on Binance, you have probably seen that they have been running a launchpad event for LAZIO tokens which is yet another Binance Fan Token on the Binance Smart Chain.
The Lazio token can be used as it will empower fans to engage with the club in multiple ways. Users can influence club decisions through exclusive voting rights, access digital collectibles, and NFTs, and enjoy gamification features that are tied with special fan rewards and real-life experiences.
If you are a Lazio fan, that is actually quite cool! But, to be honest, I don't care much about Lazio. And I have a feeling that the more than 200,000 people who participated in the token sale don't care much about Lazio either. Instead, they (we) are all hungry for profit. And that is something we have been used to after the Binance Launchpad projects.
The last launchpad project on Binance - Beta Finance
Less than a month ago, Beta Finance had its token sale on Binance. The initial price per token was somewhere around $0.05 USD and on the first day it reached $4.5 in price and has since then stopped around $2. Even if you have kept your tokens and sell them today (at $2), you will still be 40 times in a plus. That is just totally extreme.
You can read more about the Beta Finance token sale here.
If you take a look at the stats of participants in the token sales, you will see that the number of people joining is growing with every sale. I guess many have discovered that these sales have incredible potential and often bring quick gains. And honestly, that is why I am joining as well.
Of course, I would love to join with a lot, but you are only allowed to join in based on your BNB wallet balance, and normally you can only join the sale with 0,1% of the amount you would like to join with. In other words, if you would be allowed to join the sale with 100 BNB, in the end you will only be allowed to join with something like 0,1 BNB.
Here I am, waiting for my LAZIO tokens to arrive. The sale price was approximately $1 per piece, and I am curious to see how it will all start in less than an hour on Binance! I will try to return with a new article tomorrow about it all!