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Binance Celebrates 4th Anniversary of its 2017 ICO Which Raised $15M

Binance effectively completed its ICO FOUR years ago to this point The 2017 ICO raised roughly $15 million in crypto in 16 days CZ has discovered that Binance Coin (BNB) used to be first of all supposed to have a ticker of BNC A CHANGE from BNC to BNB was once performed to avoid battle with any other venture CZ has showed that the sixteenth BNB coin burn will happen around the 15th to 18th of July

These Days, July 2nd, the crypto trade of Binance is celebrating its fourth anniversary of its a success Initial Coin Offering (ICO). This milestone was once highlighted by the CEO of Binance, Changepeng Zhao, and shared throughout the following tweet.

It Is July second. 4 years ago nowadays, we completed the #BNB ICO. Here used to be that experience, written FOUR years ago, uneditted.

— CZ ? Binance (@cz_binance) July 1, 2021

Binance ICO Raised $15 Million in 16 Days

Inside The tweet is a link to his 2017 weblog put up on LinkedIn which he published right away after the a hit ICO.

in the complicated blog put up 4 years ago, CZ announced that the Binance ICO had raised roughly $15 million in cryptocurrency in SIXTEEN days. Moreover, the ICO led to the undertaking being supported by way of 20,000 seed users ‘who invested both monetarily and emotionally in Binance’.

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When reflecting on the 2017 weblog put up, CZ summarized the next key issues that have stood the test of time.

Some things don’t amendment.

“An ICO is a helpful device if you use it correctly.”

“We didn’t plan all of it.”

“We were given lucky in a lot of places. We also stepped on a couple of mines, happily nothing too major.”

BNB Used To Be First Of All Called BNC

In any other elaborate Tweet, CZ found out that the ticker for Binance Coin, BNB, was in reality a amendment to avoid a warfare with every other mission. He explained:

BNB used to be in reality called BNC back then. We did a name amendment as a result of battle with some other coin. Virtually forgot approximately this. i think BNB sound better. Unbiased opinion.

BNB 16th Coin Burn to Happen Between July 15th to 18th

As CZ was once sharing Binance’s milestone on Twitter, he used to be requested whilst BNB’s sixteenth coin burn might be. CZ went directly to reply that the BNB coin burn is anticipated among July fifteenth and 18th as highlighted in the screenshot under.

Binance Celebrates 4th Anniversary of its 2017 ICO Which Raised $15M 17

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