Binance, the largest cryptocurrency exchange, is relaunching its token sale platform Launchpad, the firm announced Thursday.
The Launchpad platform originally went online in August 2017 and facilitated two token sales — BREAD and GIFTO — in the midst of the ICO mania at the end of 2017. BREAD raised $6 million, whereas GIFTO raised $3.4 million. Both sold out in seconds, according to the firm. The platform has been redesigned from the ground up to allow for more engagement with project teams and it will aim to “help blockchain projects raise funds and increase their reach across the crypto ecosystem,” according to Binance.