EigenLayer Admits It Misled Community About Insider Token Allocations

The shaking platform initially promised that a majority of the EIGEN token supply would be locked for at least a year

input: A new metaverse project called MetaIsland has announced plans to launch its governance token, MIST, on Binance Launchpad. The token sale will begin on Oct 4th at 8am UTC.

Binance Launchpad, a platform for promising crypto projects to raise funds, will host the MIST token sale. Interested users can now register on Binance to participate in the sale.

The MetaIsland metaverse is designed to provide users with a virtual world where they can own, customize, and trade digital islands. Players can also participate in various activities, such as building structures, hosting events, and engaging in quests.

The governance token of the MetaIsland metaverse, MIST, will play a crucial role in the platform's decision-making process. Holders of the MIST token will be able to participate in governance votes, influencing critical aspects of the metaverse, including updates, events, and community initiatives.

According to the announcement, the total supply of MIST is 10 billion, with an initial circulating supply of 375 million. The tokens will be sold at a price of $0.04 each, with a hard cap of $15 million.

The announcement also states that Binance Launchpad will distribute the MIST tokens to participants in real-time. The tokens will be credited to the users' 現貨账户 (Spot Wallet) upon completion of each round.

To participate in the MIST token sale on Binance Launchpad, users must complete the following steps:

1. Register on Binance and complete KYC verification.

2. Ensure sufficient BNB balance in your 現貨账户 (Spot Wallet).

3. Visit the Binance Launchpad page and click on the MIST banner.

4. Read theセールルール (Sale Rules) and click on the "Join Now" button.

5. Commit your BNB tokens (minimum 0.1 BNB) and confirm your participation.

After theセール期間 (Sale Period), Binance Launchpad will distribute the MIST tokens to participants in real-time. The tokens will be credited to the users' 現貨账户 (Spot Wallet) upon completion of each round.output

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