#Allocation #MarketDownturn #Binance
What is allocation in simple terms?
Allocation is the distribution of a project's tokens among its investors or participants.
In simple terms, it is the process by which each investor receives a certain amount of cryptocurrency based on the amount invested or their active participation in the project.
Allocation usually occurs during an ICO (Initial Coin Offering) or other investment rounds where a project raises funds for its development and offers tokens in return.
For example, if you participate in such a round and invest money, your allocation is the number of tokens you will receive after the fundraising is closed.
