​​Serum (SRM) initial exchange offering will take place on FTX and BitMax on August 7. FTX will have a maximum of 1200 buyers and 2,500 SRM bid size each. In order to participate users are required to hold an average of 10+ FTT during 30d period. BitMax will offer 600 participation slots, 5,000 SRM each. There is no specific holding requirements on BitMax and any user can participate in this sale.