US announced that it would acquire Voyager Digital 's assets in a $1. The tokens only exist inside a contract, which is like a self-contained database. 3. A. 14%) ETH $2,028. $ 0. Coinbase, Huobi, OKX, FTX and Binance opened spot trading for APT at 1:00 UTC Wednesday. The token supply distribution is as follows: Private sale tokens made up 25. BTC to USD price is updated in real-time. Binance Coin (BNB) was launched in July 2017 as the native token for the popular Binance exchange for discounted trading fees. Total funds raised:. Tokens come in many different forms – they can be used as currencies for specific ecosystems or encode unique data (see A Guide to Crypto Collectibles and Non-Fungible Tokens ). The amount of people using the Binance Smart Chain has grown by several million in this year alone. Binance is a cryptocurrency exchange that was founded in 2017 by Changpeng Zhao. Binance Launchpad Sale Token Price. The AIT token has a total supply of 100 billion tokens. com . Offers 200% APY and an early bird discount in its 10-stage. BSCPad is well connected within the Binance Smart Chain ecosystem and has supported popular crypto projects like AIOZ Network (AIOZ) and Outer Ring (GQ). Helloy lovely people in today video I ma going to be guiding you on how to swap, sell, Verified your AIT token address before it listed. The tokens are distributed as follows: 50% will be used for airdrops and rewards. It was. 30% will be used for marketing and development. NEXO token price can decline significantly over time; Limited availability of key products for some users in major markets such as the US; Minimum withdrawal limits (e. 90 %--+0. Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. 20% will be reserved for the team. 0% of total supply respectively. 30% will be used for marketing and development. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. 725987 per (ALPINE / USD) with a current market cap of $ 19. 0 introduces a new way to bridge listed and selected unlisted tokens from Ethereum to BNB Smart Chain as BTokens. ALPINE to USD price is updated in real-time. 64% of the initial token supply (i. To celebrate the largest football event of the year, Binance Fan Token is hosting a Football Challenge - the “Binance Football Fever 2022” with more than $1,000,000 worth of rewards, including tokens, limited edition NFTs and more! Binance Football Fever 2022 introduces a new utility feature for Binance Fan Tokens. AIT is a crypto token native to the Binance Smart Chain (BSC) network. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. The tokens are distributed as follows: 50% will be used for airdrops and rewards. Choose the coin to withdraw. You can filter airdrops by status from the drop-down menu, or check the box next to [Show projects I received airdrops] to filter the airdrops you’ve received. 7. The tokens are distributed as follows: 50% will be used for airdrops and rewards. The Bitcoin Standard Hashrate Token (BTCST) was launched on Binance Smart Chain (BSC) on Dec. 36M. The presale. 0000000578. Quickly becoming a favourite network for both developers and users, the BSC network is much faster and cheaper (up to 50x cheaper) than the older Ethereum Network and can be. 01 (2. We considered success factors like ROI performance, market influence and gained traction and level of. Binance will start a six-day monitoring phase on July 11 in order to record user BNB balances. AIT Token [AIT] is a token based on Binance Coin blockchain. SFP is a token created by hardware cryptocurrency wallet company SafePal. 2023-05-03. All the time, any time. 52% in the last 24 hours with a circulating supply of 0. 7% will be used for reserves. Top Stories. Feb 15, 2024. Enter the subscription amount and the asset you want to use. , name, symbol, divisibility) and keeps a list that maps users’ balances to their Ethereum addresses. 59 million BNB coins. BLUR, the native token of non-fungible token (NFT) platform Blur, surged by 22% on Friday after being listed on Binance's convert feature. 20% will be reserved for the team. 24-hour trading volume is $ 16. 24-hour trading volume is $ 3. 87. 20% will be reserved for the team. Click the withdraw button and wait for your Ethereum to appear in your Trust Wallet. Be sure to check the available fiat channels for desired currencies. 20% will be reserved for the team. AIR to USD price is updated in real-time. 30% will be used for marketing and development. 13, 2020. The AIT token has a total supply of 100 billion tokens. The tokens are distributed as follows: 50% will be used for airdrops and rewards. To qualify for the highest loyalty levels, users need to purchase a significant amount of NEXO tokens. Suggest a tag. 87M USD. Fight Out (FGHT) - Move to Earn Fitness App and Metaverse - Over $2. From this, one can also understand the validity and credibility of a token listed on Binance. Binance exchange token BNB is. In March, the company. Convert & Block Trade. The live price of Bitcoin is $ 36,899. Binance, the world's largest crypto exchange by volume, launched its native oracle service on Wednesday to enable smart contracts to run on real-world inputs and outputs, starting. The initial token allocation of the 10 billion tokens looks like this: 75% of the tokens will be allocated to users, the ecosystem fund, and network operations, with a majority of these tokens allocated to users. 000180 USD with a 24-hour trading volume of not available. The tokens are distributed as follows: 50% will be used for airdrops and rewards. 255 billion in deposits, including 10. Basic Attention Token is -0. It is billed as a "decentralized trading platform" that uses artificial intelligence to help users trade cryptocurrencies. 4. The tokens are distributed as follows: 50% will be used for airdrops and rewards. The tokens are distributed as follows: 50% will be used for airdrops and rewards. Send, receive and spend crypto. How Many LIME tokens Are There in Circulation? The iMe Lab was launched on April 16th, 2019. About Crypto Prices. Check tweet > The AIT token has a total supply of 100 billion tokens. The token sale for Tokocrypto will follow the , with the recording of user BNB balances starting at 2021-03-31 0:00 AM (UTC). Total Tokens Allocated to Binance Launchpad: 6,521,739 KAVA (6. 30% will be used for marketing and development. The SEC said Binance and BAM operated the Binance. Discover current price, trading volume, historical data, AIT news, and more. The token implements a 2% buy tax, which is burned, reducing the total supply and potentially increasing the token’s value. The tokens are distributed as follows: 50% will be used for airdrops and rewards. 00. The issue price was 1 ETH for 2,700 BNB or 1. The AIT token has a total supply of 100 billion tokens. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. 13, 2020. 89M USD. On the racing circuit, we started our first-ever F1 collaboration with the launch of the ALPINE Binance Fan Token. BSC and SOL launched “empty,” meaning that any project that wanted to use those Layer 1s must be built and launched on that chain. The BSC Token Hub is unsurprisingly the largest single wallet holding BNB coins, with a balance of 153. 92M. Preparations For Binance Listing. What makes the listing of ARB tokens on Binance interesting is the fact that the platform will also list the token as a borrowable asset 48 hours after it has been launched for trading. 30% will be used for marketing and development. LAZIO Tokens will be available to all Binance users via the following methods: Users can be first to buy LAZIO on the Binance Launchpad from 13th October. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Be mindful of token bridges. It is the. Expect a packed lineup of premier exhibitions and NFT collaborations, along with Binance’s industry-best liquidity—all with. Binance has the lowest transaction fee rate amongst all major trading platforms. 2023-08-21 - The live price of AIT is NZ$0. 30% will be used for marketing and development. 30% will be used for marketing and development. 000003794, a 6464%. ) Binance will take a snapshot of TRX, BTT, JST and WIN tokens held by Binance users at the above time, and will distribute NFT tokens based on the formula as follows:Binance is excited to announce the 27th project on Binance Launchpad - Alpine F1® Team Fan Token (ALPINE). 24-hour trading volume is $ 34. S. ALPINE will then be available to all Binance users and the Binance Fan Token community via spot, bank card purchases, and P2P. 01%) BNB $248. BTT stands for BitTorrent Token. The launch price was about $0. All BUSD Gift Cards created before 2023-09-30 02:00 (UTC) can still be redeemed until further notice. 30% will be used for marketing and development. 1. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Most legitimate airdrops require some active participation like following social media accounts, signing up for newsletter, etc. S. August 15, 2023 0 3 Verifying your AIT token address on Binance is crucial to ensure the security and accuracy of your cryptocurrency transactions. 30% will be used for marketing and development. 20 in Asian morning hours on Monday, down 10 cents from Friday. e. The LuckyBlock Token pre-sale was launched on 1 December and is set to go on until February 1, 2022. to those in Iran. and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution. The tokens are distributed as follows: 50% will be used for airdrops and rewards. 0% of the initial total token supply. . Users will be able to stake their BNB and BUSD into separate pools to farm HFT tokens over 30 days, with farming starting from 2022-11-01 00:00 (UTC). LQTY, the native token of stablecoin lender Liquity, jumped 35% Tuesday after it was listed on crypto exchange Binance's Innovation Zone. 02 billion deal. 30% will be used for marketing and development. Buy Crypto. Basic development and Features of Artichain: Just like Uniswap, Pancakeswap and so on, “Artichain. As of July 2023, over 70 projects have been launched. The AIT token has a total supply of 100 billion tokens. 667 C98) Total Token Supply: 1,000,000,000 C98; Total Tokens Allocated to Binance Launchpad: 50,000,000 C98 (5% of Total Token Supply) Public Sale Token Price: 1 C98 = 0. 7% of the initial total token supply. If you don’t want to wait for a token to get listed on Binance, you can select among the already listed popular new coins. Kraken. 46 USD (price in BNB will be determined prior to the lottery draw date) Token Sale Format: Lottery & Airdrop. 2022-03-29. Binance was launched by Changpeng Zhao and is the world's biggest cryptocurrency exchange. The AIT token has a total supply of 100 billion tokens. Within hours of its listing, it is not uncommon for a coin’s price to increase in value 3X. 20% will be reserved for the team. The community can expect the same to begin 48 hours after March 23, 2023, at 17:00 UTC. Binance listed a futures market for TrustWallet's native token. 1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH. FTT to USD price is updated in real-time. 2022-11-15. Helloy lovely people in today video I ma going to be guiding you on how to swap, sell, Verified your AIT token address before it listed. Which had its relaunch 4 days ago and has one of the strongest Chinese. It is calculated by using weighted averages of real time prices of the DEFI tokens on Binance and is denominated in USDT. Quickly becoming a favourite network for both developers and users, the BSC network is much faster and cheaper (up to 50x cheaper) than the older Ethereum Network and can be. However, there is much more to the ecosystem than just the exchange. For some Binance users left out in the cold, it's been a frustrating. 0003 per token, selling 25. It may take some time for the withdrawal functions to be enabled too. Step 3: Calculation. This “BEP-20” or “ERC-20” is called a token standard; token standards exist to provide a blueprint for creating tokens on individual blockchains via smart contracts (i. See our list of new cryptocurrencies added and tracked recently. 24-hour trading volume is $ 0 USD. After that, the token will be listed on Binance, where you can start trading it immediately (indeed, some folks have already started trading ARB tokens!). The AIT token has a total supply of 100 billion tokens. Step 4: BNB is deducted for Launchpad tokens. Bitcoin is +0. The tokens are distributed as follows: 50% will be used for airdrops and rewards. 23% in the last 24 hours. 30%). TKO is Tokocrypto’s native utility token and has the following functions: Tokocrypto Platform Benefits:. 24-hour trading volume is $ 484. what is Ait? Simplicity, Pragmatism, Sustainability,. Meanwhile, note that token AIT is a BEP20 token going to be launched on Binance Smart Chain. The tokens are distributed as follows: 50% will be used for airdrops and rewards. Powered by Telegram, it offers players secure, instant and anonymous account creation, while. We’ll look at crypto presale projects and newly listed tokens that have the utility, investor interest. Tuesday, 21 Nov 2023 10:49 am. At genesis there will be an initial total supply of 210,000,000,000 AIT tokens. The tokens are distributed as follows: 50% will be used for airdrops and rewards. Trading Rules. It is billed as a "decentralized trading platform" that uses artificial intelligence to help users. In other words, it scored an almost immediate +2,700%. See moreRemotecrypto Follow AIT is a cryptocurrency token that was launched in February 2023. ALPINE Fan Tokens are native BEP-20 tokens issued on. 62% to its early adopters and 1. 7,500,000 USD. 0 introduces a new way to bridge listed and selected unlisted tokens from Ethereum to BNB Smart Chain as BTokens. Nearly 10% will be allocated to the founding team, 13. 🚀 10. Click on withdraw and fill up the required information. The DEFC token could be listed on Binance because of its growing utility and the commitment of the team to achieve what it has set in its roadmap. has trimmed its loss to below 3%. Fellow Binancians, Binance will list Magic (MAGIC) in the Innovation Zone and will open trading for these spot trading pairs at 2022-12-12 08:00 (UTC): New Spot Trading Pairs: MAGIC/BTC, MAGIC/BUSD and MAGIC/USDT. It was. 1 million" illegal transactions worth nearly $900 million. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. In response to user feedback, Binance has launched a new feature enabling users to obtain multiple deposit addresses for a single network. Binance Launchpad consists of projects that conducted an Initial Exchange Offering (IEO) via Binance Launchpad, a crypto crowdfunding platform for users to. Equilend launched 1Source as a distributed ledger-based securities lending. We update our TIA to USD price in real-time. While there is a 32 ETH requirement for staking directly through the Ethereum network, users can stake on Binance. The SEC said Binance and BAM operated the Binance. The AIT token has a total supply of 100 billion tokens. We repurposed the previously decommissioned Binance Bridge, added new features,. Optional: Convert the fiat currencies to BUSD or USDT so that you can trade a greater variety of tokens. 00178767 USD and is up 13. The AIT token has a total supply of 100 billion tokens. April 2020: The Binance Chain community released a whitepaper outlining how a smart contract blockchain can run parallel to Binance Chain and introduce staking for its native token BNB. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Basic development and Features of Artichain: Just like Uniswap, Pancakeswap and so on, “Artichain. It’s mainly focusing on sustainable transport in developing countries. 20% will be reserved for the team. Its trading volume was also 138% higher in this time frame. 82 million BNB. Binance Coin (BNB) We will issue our token coin, called the Binance Coin. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. The AIT token has a total supply of 100 billion tokens. 90M. 👂 Remember, the crypto market is volatile, and there are risks involved. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Since then, Launchpool launched 15 successful crypto projects, recorded $4. Unlike other DeFi projects, notably decentralized exchanges,. Binance has launched Binance Stock Tokens. The convert feature is aimed at Binance's retail customers. C+Charge. As decentralized finance (DeFi) applications enabled by smart contracts took off in 2020, Binance launched a parallel Binance Smart Chain to run alongside the Binance Chain and compete with the Ethereum blockchain. As one of the world's most popular utility tokens, BNB is useful to users in a wide range of applications and use cases. As such, miners contribute their computational power to the platform in exchange for newly minted BTCST. Instead,. The system will automatically select the network as [BSC - BNB Smart Chain (BEP-20)]. 20% will be reserved for the team. And more importantly, it’s typically the go-to exchange for newly launched cryptocurrencies that are built on top of the Binance Smart Chain. 1. CyberConnect will be listed on Binance on August 15 in trading pairs with BTC, USDT, and BNB. Binance issued a response to the SEC’s lawsuit saying that it had been complying with regulators’ “questions” and was looking to negotiate a settlement with the agency. To purchase your NFT tokens, you can do so via the Binance Platform, home to a wide range of NFT tokens. In fact, while the token raise was underway, Bijie—the entire company—simply pivoted from being a software provider to being a crypto exchange in the cloud. 20% will be reserved for the team. It specifies the rules for the tokens (i. Cryptocurrency is a digital or virtual currency that uses cryptography for security. Markets. The charity's goal is to support the advancement of blockchain-enabled philanthropy with a focus on third-world countries. 20% will be reserved for the team. Depending on how the emission schedule of AIT tokens are designed, it might take multiple years before FDV is realized. 38B USD. Trending. The exchange allows users to buy and sell digital tokens without going through a third party. Binance, the largest cryptocurrency exchange in the world by trading volume, set up its own fiat-to-crypto payments provider, Bifinity, to help businesses become "crypto-ready," it said. Discover current price, trading volume, historical data, AIT news, and more. Fan tokens have grown in popularity since Juventa FC introduced Juventus (JUV), the first fan token, back in 2019. The token was launched without a presale, highlighting its willingness to offer a fair chance to everyone. 0% of the initial total token supply. Mine more rewards by connecting to the pool. Join us as we celebrate our incredible milestones and gear. 3. Binance plans to distribute 3 million CYBER tokens through the Launchpool program. 06B USD. finance” is also one of the greatest Decentralized finance yield farming projects built on the Binance Smart Chain but it’s accompanied. Fellow Binancians, Binance is excited to announce the 30th project on Binance Launchpad - Space ID (ID) . 2023-09-11 - The live price of AIT is ₹0. Users can keep themselves updated on the latest progress of ongoing airdrops via this one-stop portal. SEI could debut with a $468 million market cap on Binance. Meanwhile, note that token AIT is a BEP20 token going to be launched on Binance Smart Chain. 1 day ago · Expectedly, the price of the BLUR token has reacted positively to the report of listing on Binance. It operates independently of central banks and governments. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. 85. According to the filing, Binance caused "at least 1. The Binance blockchain, built by the world’s largest cryptocurrency exchange, has evolved since its launch in 2017. 20% will be reserved for the team. Binance Liquid Swap offers more stable prices and lower fees for large transactions. 30% will be used for marketing and development. The newest coin on Pancakeswap launched a week ago on Jan 26th, 2022 – Lucky Block, with the ticker LBLOCK. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Presale now open with over $230k raised and 900% staking APY. Once the BNB commitment period is over, we will calculate each user’s token allocation for around 1 hour. Listed below are top crypto tokens launched on Binance Launchpad. Tip: Binance users can visit our official Deposit and Withdrawal Status page to view the real-time status of all supported coins and networks on the Binance platform. AIT price today is $0 with a 24-hour trading volume of $0. Remember to double-check the destination address. The “ETH” ticker will be used for the Ethereum PoS chain. It is collateralized by Bitcoin’s hashrate, with each token representing 0. Since then, other sports teams and organizations have created their own tokens in order to provide a more robust fan experience. The tokens are distributed as follows: 50% will be used for airdrops and rewards. 30% will be used for marketing and development. Register Now. 2020, and the platform is regularly audited and verified by security companies such as. It. The nominees include projects launched in the past year (6 in total) that have enjoyed a positive ROI since IEO and are not acquired by Binance. Users will be able to mint BAB tokens on BNB Chain as identity credentials, and participate in building multiple projects and earn rewards. AI Trader (AIT) is a cryptocurrency launched in 2023and operates on the BNB Smart Chain (BEP20) platform. The trading came as Aptos scrambled to control the narrative around its token's rocky rollout. 8 Raised in Presale Campaign so Far. Binance© 2023 Cookie Preferences. 2. The issue price was 1 ETH for 2,700 BNB or 1. The tokens are distributed as follows: 50% will be used for airdrops and rewards. In response to user feedback, Binance has launched a new feature enabling users to obtain multiple deposit addresses for a single network. 63 USD with a 24-hour trading volume of $126,398,266 USD. The first index launched by Binance Futures is DEFI Composite Index. The AIT token has a total supply of 100 billion tokens. The proprietary token from DigitalFinancialExch is DIFX, a potential new cryptocurrency listed on Binance. BNB originated from Binance’s initial coin offering and served as a means for users on the Binance exchange to reduce trading fees upon its launch. The live price of Basic Attention Token is $ 0. Blockchain ensures data integrity through its immutable nature via cryptography and consensus mechanisms, meaning once information is recorded, it cannot be altered retroactively. After the token sale is complete, liquidity is listed on PancakeSwap, the leading decentralized exchange on the Binance Smart Chain. 92% in the last 24 hours with a circulating supply of 229. Once you buy your Ethereum, go to your Binance wallet section and look for the Ethereum you purchased. All users can participate in. (TUK) is a new crypto launch on the Binance Smart Chain blockchain that aims to tackle global challenges like climate change and economic inequality. Find step by step guide with video instructions on how to buy AICHAIN (AIT) on Binance. Meanwhile, note that token AIT is a BEP20 token going to be launched on Binance Smart Chain. Click on withdraw and fill up the required information. Token Name: Hooked Protocol (HOOK) Launchpad Hard Cap: 2,500,000 USD; Hard Cap Per User: 15,000 USD (150,000 HOOK) Total Token Supply: 500,000,000 HOOK; Total Tokens Allocated to Binance Launchpad: 25,000,000 HOOK (5% of Total Token Supply) Public Sale Token Price: 1 HOOK = 0. Binance is pleased to announce the launch of its new Airdrop Portal, which provides an overview of airdrops supported by Binance and other relevant information. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. 2021-04-30. Upon listing on Binance, the initial circulation supply of SpaceID will be 286,000,000 ID (14. Release of new tokens according to the BEP-2 standard. Blockchain is a decentralized digital ledger that securely records transaction data across many specialized computers on the network. We update our AIT to USD price in real-time. The AIT token has a total supply of 100 billion tokens. 26%. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Binance stock, and a portion of its BNB token. The remaining 5. Cryptocurrency analytics firm Chainalysis reported that in 2019, some $756 million of $2. finance” is also one of the greatest Decentralized finance yield farming projects built on the Binance Smart Chain but it’s accompanied with some new. Crypto AI token Ocean Protocol (OCEAN) has increased 11. Bitcoin $36,533. AIC to USD price is updated in real-time. Binance NFT has come a long way in a short span of 6 months since its launch in June 2021. Mine more rewards by connecting to the pool. RPL was added to Binance in January 2023, the token powers the liquid staking platform, Rocket Pool. 30% will be used for marketing and development. Listed below are top crypto tokens launched on Binance Launchpad. Binance will record user BNB balances for 8 days from 2021-09-30 00:00 AM. The AIT token has a total supply of 100 billion tokens. Loans. Binance has opened deposits for BLUR tokens as users prepare to begin trading. The tokens are distributed as follows: 50% will be used for airdrops and rewards. No Centralized Exchanges (CEXs) like Coinbase or Binance list it, even though this pre-viral crypto has outperformed every major cryptocurrency in 2021. There is some debate about whether AIT is a legitimate project or a scam. **Use Binance Launchpad**: Participate in token sales on Binance Launchpad for early investment opportunities. The protocol was built by the ARPA team, a blockchain-based layer 2 solution for privacy-preserving computation. Binance is down some 4. Coinbase. Price-chart analysis suggests resistance at $1. About Crypto Prices. We list brand new mineable coins, ERC-20 tokens, DeFi tokens and moreThe AIT token has a total supply of 100 billion tokens. 11 days later, the Binance exchange opened. Binance is launching the Binance Account Bound (BAB) token, a soul-bound token used as proof of identity for Binance users who have completed KYC verification, on 2022-09-08 at 09:00 (UTC). 30% will be used for marketing and development. All Crypto. Twitter. Given that a team of cryptocurrency developers hasn’t yet launched their mainnet, but still want to sell tokens, they might choose to issue their tokens on top of an existing mainnet. UTC. Before BNB transitioned into being the native token of BNB Chain, it was an ERC-20 token created in 2017 alongside the market-leading exchange Binance. Started on August 15th at 12:00 PM UTC, the launch was poised to attract plenty of interest from traders, investors, and enthusiasts who are all eager to participate in the CYBER token’s. The total token supply of ALPINE is 40 million, with 10% of the supply sold during the Binance Launchpad Sale. e, computer programs). There is a total set supply of 10 billion IOTX. 2. The most actual price for one AIT Token [AIT] is $0. 30% will be used for marketing and development. Its Binance Coin (BNB) token has become a top 5 cryptocurrency thanks to the extraordinary success of Binance and the Binance Smart Chain. AI Trader is up 10. US. The AIT token is a BEP-20 token, which means that it is built on the Binance Smart Chain. Bitcoin’s BTC/USD plummeted by 12%, dipping below the $16,000 mark in November 2022. 2021-04-07 8:00 AM (UTC) to 2021-04-07 9:00 AM (UTC): Subscription. The chain splits into two competing chains and a new token is created. 30% will be used for marketing and development.