Performance of Binance's Last 2 Launchpad Projects
FC Barcelona Fan Token
Project Background
The FC Barcelona Fan Token (BAR) is a utility token that serves as a membership key, giving Barcelona Football Club ("Barcelona") fans a tokenized share of influence on club decisions using the Socios application and services. It also lets users compete for exclusive rewards, club recognition, and more.
BAR is built on the Chiliz Chain, a Proof-of-Authority sidechain built on Ethereum, and is primarily used for governance, rewards, and staking
Out of 40,000,000 total supply, 600,000 were initially distributed to club fans via a Fan Token Offering
Token holders can interact with the Socios platform and earn rewards in several ways:
voting on polls
participating in club surveys
competing in contests and quizzes
connecting/chatting with like-minded users
Earned rewards can come in:
matchday tickets
cashback offers from official online shops
exclusive experiences
digital badges
in-app CHZ bonuses
club-specific NFTs
Subscription Timeline
BAR token release schedule
The BAR tokens held by Barcelona have a monthly linear vesting schedule of 6 years, of which 5,000,000 BAR tokens are released per year, starting from June 2020.
BAR Discount Sale and Economics
What was the ICO price vs. the peak 1st day open price?
Link to charts: https://www.coingecko.com/en/coins/fc-barcelona-fan-token
April 20, 2021: $35.43
April 21, 2021: $37.17
April 22, 2021: $48.02
Tokocrypto
Project Background
Founded in 2018, Tokocrypto is Indonesia's first and fastest growing digital asset exchange in trading volumes and user registrations that offer a unique hybrid token model with utilities.
The platform mainly opens investment opportunities in the Indonesian market and allows users to access cross-chain yield generation for several assets. The token holders can use the TKO token for:
trading fee discounts
cross-platform DeFi use cases
participation in deposit & savings programs
NFT marketplace
Subscription Timeline
TKO Token Sale and Economics
What was the ICO price vs. the peak 1st day open price?
Link to charts: https://www.coingecko.com/en/coins/tokocrypto
April 07, 2021: $2.95
April 08, 2021: $2.95
April 09, 2021: $2.41
April 10, 2021: $2.23
Another Performance Review By Blockalive
It is safe to say that the TKON token launch announcement made an impact in BNB’s accumulation. Due to the Launchpad subscription format, investors accumulated BNB (Binance coin) starting March 30, 2021. The BNB price increased from $277 to $315 and even overperformed Bitcoin and other altcoins.
Tokocrypto (TKO) was listed on Binance’s innovation zone and opened trading on April 7 2021 at 13:00 PM (UTC). The initial price was $0.1 and suddenly rose to $10 after opening trading on Binance (as seen in the chart below). After a couple of hours of consolidation, the price ranges between $2 to $3.
