Binance’s 2017 ICO flopped, exchange reportedly raised $5m
A recent investigation by Forbes, in collaboration with Gray Wolf Analytics and Inca Digital, suggests that Binance’s initial coin offering (ICO) for BNB in 2017 “was a flop”. The report claims that Binance likely raised less than $5 million for BNB, its native token, through its ICO, significantly less than what the exchange
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