We’re excited to announce the first IDO (Initial Dex Offering). Raven Protocol (RAVEN) will be listed 17th June 2019 on Binance DEX. The RAVEN/BNB pair will open for trading at 09:00 AM (UTC). That was announced to the Binance Community here: https://community.binance.org/topic/137/raven-protocol-raven-will-get-listed-on-binance-dex

We will subsequently start the IDO at the same time. To be clear, this is NOT something initiated by Binance, Binance Chain, or Binance DEX. This is an IDO that the Raven Protocol team is introducing with the listing of RAVEN on Binance DEX.

The Raven Protocol community was constantly asking us if we’re doing a public sale, IEO, or Launchpad. We have a core group of true believers and they wanted us to make sure Raven Protocol gets the exposure it deserves. Introducing an Initial Dex Offering is the perfect way to say hello to the world.

What is an IDO?

We don’t know. Because Binance DEX is so new, this is something that’s never been done before. We are literally paving the way and setting a precedent for how projects could leverage the entire Binance Chain ecosystem. If successful, this could be a strong case study for how early stage projects can go from idea to expanding the crypto ecosystem. We want you to be part of this movement!

This is all a work in progress. We know it won’t be perfect and we know some people will be upset because they couldn’t get in. Please bear with us. This experiment could lead to setting the gold standard for how young projects can get the resources they need to stay heads down and build.

A decentralized exchange is important because it’s the crypto community that drives this industry forward. Everyone’s voice matters. Getting listed on Binance DEX required a community vote. All 11 out of 11 Binance Chain validators voted YES for Raven Protocol to be listed. That’s all thanks to the community who has supported Raven Protocol from day one.