Binance Continues to Gain User Awareness
On June 2nd, 2017, Binance raised its token-based decentralized virtual asset marketplace to a community-led crowd sale. The crowdsale began June 2 and is still active with the completion of two rounds totaling $30.4 million in total tokens raised to date, with a goal of raising an additional $10 million by September of this year. With the goal of providing Binance with a decentralized and open platform for exchange and trading, the crowd sale will be a great platform for crypto-enthusiasts to get a leg up on the many exchanges in the market.
The goal of this crowdsale is to provide Binance liquidity for new tokens and encourage community participation and support with a decentralized marketplace. However, the crowdsale won't be the final platform for Binance. The company currently plans to utilize the crowdsale to fund more functionality and add some more services to the platform.