Injective

About

Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. Injective uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols.

Built with Cosmos-SDK, Injective utilizes an Ignite (formerly Tendermint) proof-of-stake consensus mechanism for secure transactions with instant finality.

INJ is the native utility and governance token for Injective. It plays an integral role in protocol security, market maker and relayer incentives, derivatives collateralization, and more.

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KEY FEATURES

Layer-1 smart contract blockchain: Injective provides a start of the art interchain L1 that is able to achieve ultra fast speeds while charging zero gas fees.
Unlimited DeFi applications: Injective allows anyone to build DeFi applications with Injective’s robust infrastructure and financial primitives such as an on-chain orderbook.
Cross-chain trading and yield generation: Injective is capable of supporting a diverse array of trading and yield generation activities across distinct layer-1 blockchain networks such as Cosmos and Ethereum.
Community driven network governance: Injective is governed by its decentralized community in which all new innovations are voted on by a Decentralized Autonomous Organization (DAO) structure.
Pioneering interoperability: Injective is the most interoperable blockchain with native connections to Etheruem, Cosmos, Solana and much more.
Fully Customizable: Ship your products with the ability to swiftly modify any parameter to fit your use case.
Intuitive developer experience: Flexible and expressive development environments powered by Rust and Golang.
Environmentally Friendly: A 99% lower carbon footprint through Injective’s Tendermint PoS consensus mechanism.

IEO’s Details

GENERAL INFORMATION
IEO Platform:
Binance Launchpad
IEO Opening Date:
Oct 13th, 2020 12:00 am (UTC)
IEO Closing Date:
Oct 19th, 2020 12:00 am (UTC)

TOKEN DETAILS
Symbol:
INJ
Blockchain Type:
ERC20, BEP20
Role of Token:
Utility

Finance Information
Public Sale Hard Cap:
3 600 000 USD
Total Token Supply:
100 000 000 INJ
Tokens for Public Sale:
9 000 000 INJ (9.0000% of total token supply)
Public Sale Token Price:
1 INJ = 0.4 USD
Public Sale Vesting Period:
No lockup
Token Distribution
Within 15 days after the end of token sale
Accepted Currencies
BNB
Token Sale Format
Lottery
Max Number of Winning Lottery Tickets
18 000
Allocation Per Winning Ticket
200

Seed Sale Token Price
0.0833
Seed Sale Allocation
6000000
Seed Sale Allocation
7 month cliff, 1/3 vesting semi-annually

Lottery Timeline

2020/10/13 0:00 AM (UTC) to 2020/10/19 0:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 6-day period. Your final average daily BNB balance over these 6 days will determine the number of tickets that you will be able to claim.
2020/10/19 6:00 AM (UTC): Ticket claim will open at this time for all eligible users for a 24 hour period (ticket allocation and BNB holding rules). Users must also sign the Token Purchase Agreement at the same time, prior to completing the ticket claim. Please note that users will only be able to claim tickets once.
2020/10/20 6:00 AM (UTC): Ticket claim closes and the lottery draw begins.
2020/10/20 8:00 AM (UTC): Winning tickets are announced and the respective BNB will be deducted from each winning users’ accounts. Please ensure you have sufficient BNB in your spot exchange account to be deducted within 24 hours if you have a winning ticket. Please note that BNB in open orders, margin accounts, lending products, sub-accounts, futures accounts, fiat accounts, Launchpool accounts, or card accounts will not be eligible to be deducted.

Team