Since the judgment, Bitbns is the first to conduct an 'open-for-all' token sale in India, and the funds raised during the first phase itself speak volumes about the evolving 'mass sentiment' for cryptocurrencies in the peninsular nation. Notably, the success of the first round of the token sale arrived after the apex court decided to strike off the unconstitutional tag from over cryptocurrencies. The BNS tokens are utility tokens that would be helping traders to avail discounts on different trading products on bitbns and other buyhatke products.
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Highly anticipated by traders and investors across the world, the token sale concluded its Phase One in an incredibly short span of time. The next three phases of the sale would be conducted soon, wherein the price of the token would be hiked with each successive phase. As per sources, the company looks forward to a sizeable surge in public participation level in the upcoming phases, and would soon announce the date and token allocations for the upcoming phases.
Gaurav Dahake, CEO of Bitbns, says “We are excited to build innovations within the digital asset ecosystem and are touched by the overwhelming support that we have received. We hope to close the following three phases in the same manner. The token is available at discounted prices during different phases of the Pre-Public sale because we want to pass on the benefits to our users, firsthand".
During the Pre-Public round the company aims to raise $2.4 million. Moreover, post the Pre-Public Sale Initial Exchange Offering (IEO) round would be conducted. Notably, the token would provide users with a flat 50% discount on trading fees and cashback rewards while shopping on e-commerce stores.
About Bitbns:
