By
Temitope Olatunji
April 17th, 2024
The Biconomy (BICO) public token sale via CoinList is scheduled to begin on October 14, 2021, at 17:00 UTC.
CoinList, a platform where users get a chance to access new tokens before they are listed on other exchanges, has announced that registration for the Biconomy token sale is now open. Biconomy is a multi-chain transaction infrastructure for further enabling the adoption. Web 3.0.
Notably, the Biconomy (BICO) token sale is scheduled to begin on October 14, 2021, at 17:00 UTC. According to CoinList, there will be two public token sales for the BICO coins. The first option that is scheduled to begin October 14, 17:00 UTC, the set price per token is $0.25.
The purchase limit for the first option is between $100 and $1000. The conditions for this option include a 3-month linear release that begins around November 23, 2021.
The second public token sale option will take place on the same date, but the price per token has been set at $0.15 per token. Similarly, the purchase limit for the second token sale option has been set between $100 and $1000. However, investors seeking to purchase Biconomy (BICO) tokens via the second option will have a 10% unlock on or around November 23, 2021. This will then be followed by a six-month lock-up and a subsequent 6 monthly releases.
Notably, the ongoing registration for the Biconomy (BICO) token sale is scheduled to end by October 11, 2021, at 23:59 UTC. CoinList has noted that up to 40 million BICO tokens have been reserved for the first option while a supply of up to 10 million BICO tokens will be sold during the second option.
Biconomy (BICO) that Will Be Available on CoinList
Biconomy is on a laser-focused mission to make Web 3.0 more usable for day-to-day internet users. “Biconomy’s multi-chain relayer infrastructure processes almost 50K daily transactions for 70+ dApps to ensure all the benefits of Web 3.0 come with the intuitiveness of Web 2.0. Users can expect a simple multi-chain experience where they connect their wallet to any dApp, instantly access their funds on any chain or L2/rollup, and enjoy a completely gas-less experience,” CoinList noted in the blog post.
Centralized systems have dominated the global economy for the past decades since the invention of the internet. However, the crypto market and blockchain technology have significantly changed the mindset of most internet users in the past decade.
Consequently, Web 3.0 is anticipated to take over the internet in the next decade as a new norm sparked by the Covid fruition.
