Sieracki Milosz
- Feb 17, 2022
- 2 min read

Alpine F1® Team Fan Token (ALPINE) Token Sale on Binance Launchpad

New Launchpad Token Alpine F1® Team Fan Token (ALPINE) sale on Binance.

Alpine F1® Team Fan Token (ALPINE) sale on Binance Launchpad

27th project on Binance Launchpad - Alpine F1® Team Fan Token (ALPINE).

The token sale for Alpine F1® will follow the Launchpad subscription format, with the recording of user BNB balances starting at 2022/02/16 00:00 AM

Binance will record user BNB balances for 5 days from 2/16/22 00:00 (UTC) to 2/22/21 00:00 AM (UTC). The final BNB holding amount for each user will be determined as a 5-day average using the previously announced daily BNB balance.

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ALPINE Token Sale Details:

Token Name: Alpine F1® Team Fan Token (ALPINE)
Launchpad Hard Cap: 4,000,000 USD
Hard Cap Per User: 10,000 USD (10,000 ALPINE)
Total Token Supply: 40,000,000 ALPINE
Total Tokens Allocated to Binance Launchpad: 4,000,000 ALPINE (10% of Total Token Supply)
Public Sale Token Price: 1 ALPINE = 1 USD (price in BNB will be determined prior to subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only

Subscription Timeline:

Preparation Period 2022-02-16 00:00 AM to 2022-02-21 00:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 5-day period. Your final average daily BNB balance over these 5 days will determine the maximum amount of BNB that you can commit later on.

Subscription Period 2022/02/21 06:00 AM to 2022/02/21 09:00 AM: Subscription will open at this time for all eligible users for a 3-hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.

Accrual Period 2022/02/21 09:00 to 2022/02/21 10:00: The subscription is closed and the calculation of the token allocation starts.

Final Token Distribution 02/21/2022 10:00: Your final token allocation will be calculated and the relevant BNB will be deducted from the already blocked BNB amount. After the deduction, your ALPINE and BNB tokens will be transferred to your spot wallet.

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