Popular cryptocurrency exchange Binance has announced its next initial exchange offering featuring WINK which would be the new and refined version of TRONbet.
The WINK platform is aimed at facilitating gaming and gambling across multiple blockchain ecosystems. In its announcement, Binance has said that WINk’s token sale will follow a lottery format and begin on July 23 at 8:00 PM (EDT) with the drawing on July 31.
The WINK platform already features several casino games including poker, dice and slots, and has a community of over 16,000 players.
Binance CEO Changpeng “CZ” Zhao said: “The gaming industry has been at the forefront of emerging technologies and has demonstrated a strong interest and demand of utilizing cryptocurrency and decentralized platforms.
“Compared to centralized marketplaces, decentralized gaming platforms provide a wide range of tangible benefits from allowing users to keep complete custody of their funds, to fairness and security ensured by auditable smart contracts. We hope that hosting WINk on Binance Launchpad will showcase the advantages of blockchain-based gaming and help advance this space for others.”
During the initial launchpad sale, $6 million worth of WIN tokens — 5% of the total supply of 999 billion — will be offered.
“We truly believe that blockchain technologies can revolutionize the gaming industry and provide excellent user experience,” added Ken Park, Head of WINk.
“We are looking forward to carrying out our commitment to deliver a superior product that benefits the gaming community and provides additional cryptocurrency utility with the support of Binance Launchpad.”