Last Monday, Binance announced its ninth IPO on the Binance Launchpad, which will be dedicated to the symbol “TROY.”

As for the subscription process, and according to what was stated in the announcement, the sale process will be according to the usual form (the lottery form) with daily BNB balance registration for a period of 30 days until December 3, 2019.

while Locate The next date is December 3, the date of claiming the ticket, and the date of December 4 is the date for revealing the draw and the results.

The project plans to sell 8% of the total offering by underwriting on Binance (IEO) meaning 800 million TROY units with a maximum of $4 million.

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There will be 20,000 winning tickets, each 40,000 TROY tickets worth $200, based on the sale price of $0.005 per TROY.

Troy previously sold 12% of its total offering in a private sale last August and managed to raise $8.4 million.

As for the Troy project, what it aims to do is to provide crypto brokerage services to institutional clients and professional traders with revolutionary products, including spot and margin trading, derivatives, data, custody, lending and trading all in one account.

The TROY project will also allow users to access the trading features of the platform.

Additional information about the TROY token:

• code name TROY
• Issue price 0.005 dollars
• Circulating supply 1,290,000,000 / 12.9%
• Total coin supply 10 billion TROY
• Code type BEP-2
• Special Sale 12.00% off tokens
• TROY token special selling price: 0.007
• Subscription price on Binance: $0.005 per TROY unit.
• Amount to be reached in Binance IPO: $4 million.

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