After Manta, which ended a few hours ago, Binance is doing another launchpool with a new coin called AltLayer (ALT).
Altlayer is a platform designed to launch new rollups as well as torestake Optimistic and ZK Rollsups.
So far, AltLayer has garnered $22.8 million in two investment rounds with a private sale, that’s 18.50% of the grand total available.
During the first round, the price was $0.008 per ALT. During the second round, it increased to $0.018 per ALT.
After the launch, the goal is to have 1.1 billion ALT in circulation, which is 11% of the total.
As for the Binance Launchpool, BNB or FDUSD stakers will have access to 500 million ALT in total.
On a personal note, I’m planning to 5x my BNB allocation for these launchpools.
But that’s a different conversation.
bitcoinea 
Leave a comment