GULAGToken Successfully Launched After Unicrypt ILO

GulagToken
1 min readJul 8, 2021

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GULAGToken, a new reflection token on Binance Smart Chain, has completed their Unicrypt ILO (Initial Liquidity Offering), raising over $200,000 in BNB in an hour and a half. BNB is the native token to the Binance Smart Chain. As of the time of writing GULAGToken had a market cap of $1 million dollars with 250 active holders in under 24 hours.

GULAGToken employs a 11% reflection for holders to earn passive income from buy/sell volume, while using reflections earned on the marketing and charity wallets to support community initiatives and promoting the token.

GULAGTeam’s goal is to develop the “KickStand” platform, a monetized blockchain community fundraising application. The team aims to fill a niche for a secure platform to hold crowdfunded crypto for recipients to use on immediate expenses such as medical bills or car repairs, or long-term expenses like college funds.

Community Created and Driven

GULAGTeam is an international team of cryptocurrency enthusiasts with a wide range of backgrounds including entrepreneurs, bankers, and web developers. The GULAGTeam follows four core principles: doing the right thing, being open, growing and improving, and creating value for token holders. To learn more visit our official website here.

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GulagToken
GulagToken

Written by GulagToken

GULAGToken is a community-developed cryptocurrency project on Binance Smart Chain. We’re focused on creating the blockchain KickStand community fundraising app.

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