The Binary Holdings (BNRY) Sets Record with Lightning-Fast Sellout of BNRY Token Public Presale, Set To Make Public Trading Debut
April 29 2024 - 9:21AM
The Binary Holdings (BNRY) has made waves in the
cryptocurrency market by achieving a remarkable feat: a
lightning-fast and highly oversubscribed public presale of its BNRY
tokens. This extraordinary accomplishment underscores the
overwhelming confidence and enthusiasm surrounding the project,
paving the way for its much-anticipated launch on April 30, 2024.
Just last week, The Binary Holdings announced the closure of a
strategic investment round totaling $8 million USD. Following an
oversubscribed community exclusive presale, the decision was made
to launch an Initial DEX Offering (IDO) on three separate
launchpads. "The overwhelming success of our public presale speaks
volumes about the trust and belief our community has placed in us,"
remarked Manit Parikh, CEO at The Binary Holdings. "This milestone
not only validates the tireless efforts of our team over the years
but also propels us toward an exciting new chapter in the
cryptocurrency landscape."
As The Binary Holdings transitions from presale
to public trading, anticipation within the crypto community is
palpable. Speculation abounds regarding the potential impact of the
BNRY token on the DePin space, particularly within the realms of
Web3 and the Telecommunications sector. Excitement continues to
mount as the introduction of the BNRY token to the broader market
not only marks a significant milestone for The Binary Holdings but
also presents a plethora of opportunities for investors seeking to
diversify their portfolios with a robust, utility-focused asset.
Positioned at the forefront of Web3 Infrastructure and the Telecom
sector, The Binary Holdings is uniquely poised to address
challenges in user activation, engagement, retention, and revenue
growth for telecom partners. As the company expands its footprint
across Southeast Asia, it anticipates reaching over 200 million
users in the next 12 months through strategic partnerships with
leading telecom operators. At the heart of The Binary Holdings'
ecosystem lies the Binary Token ($BNRY), facilitating seamless
transactions for its 40 million users. Combined with TBH's L2
Rollup solution, the BNRY token fuels the company's vision to
onboard the next 1 billion users into the Web3 space.
The Binary Holdings boasts a rich and diverse
ecosystem encompassing various innovative platforms and
technologies. Among these, Fando stands out as the leading
fan-tokenized platform, revolutionizing the way fans engage with
their favorite content creators and celebrities. Additionally, Lost
Club Toys has captured significant attention from telecom partners,
showcasing the company's prowess in the intersection of
entertainment and technology. Meanwhile, Twin Matrix Technologies
is at the forefront of cutting-edge advancements in Web3
infrastructure, further solidifying The Binary Holdings' position
as a pioneer in the industry. With each component of the ecosystem
contributing to its overall strength and value proposition, The
Binary Holdings offers investors a multifaceted opportunity to
participate in the next generation of decentralised
possibilities.
As The Binary Holdings readies itself for public
launch, it is also gearing up to introduce a range of products,
services, and platforms. Among these, the Binary Network L2 Rollup
on the Optimism tech stack stands out as a cutting-edge offering
set to roll out in the coming months. This initiative not only
promises top-notch security measures but will also be unparalleled
in its cost-effective offerings. Moreover, the Binary Network will
capitalise on the extensive Ethereum ecosystem, integrating and
leveraging its vast network of developers, applications, and
services to maximise its potential. Drawing inspiration from their
successful integration of Animoca Brands-backed Lost Club Toys, The
Binary Holdings is now introducing a groundbreaking hackathon
portal for its expanding developer community.
This platform will provide ongoing rewards to
developers as long as their products and features remain in use
within the ecosystem. Contributions from the developer community
will enhance the growing Binary Network, addressing challenges not
only related to user activation, engagement, retention, and revenue
growth for telecom partners but also with a special mandate to
accelerate the development of DeFi products for all the users they
represent.
About The Binary Holdings
The Binary Holdings is a leading Web3
infrastructure provider for Telecommunication, BFSI, Gaming and
eWallet companies across emerging economies in Southeast Asia.
Headquartered in DIFC, UAE, the company emphasises innovation and
opportunity across its diverse business ecosystem.
Media Contact
Kim Seelochan
kim@lunapr.io