In their twitter (https://twitter.com/binance), Binance cryptocurrency exchange announced a change in the format of the next tokensale on the Launchpad platform. Changing the rules to some kind of lottery. At the same time, the number of lottery tickets per account will depend on the size of the steak in the BNB. After the announcement the price of BNB started pumping.
— Binance (@binance) March 24, 2019
One account can get up to 5 lottery tickets. A randomizer will provide a selection of winners.
BNB deposits will be taken daily at 0:00 UTC for 20 days before the lottery. Binance acknowledged that the price of BNB may fluctuate due to daily snapshots, and its potential decline may not offset the benefit from the movements of the new token, and encouraged users to make informed decisions.
As soon as the user informs the exchange that he is ready to use a certain number of tickets in case of their winnings, this obliges him to purchase tokens and the money will be debited automatically. Each winning ticket will grant the right to purchase tokens for a fixed amount in BNB equivalent.