Celer Network Is the Next Project to Use Binance Launchpad for Its Token Sale

After recently hosting the Fetch.ai ICO, Binance’s Launchpad platform is gearing up for another token sale. Scheduled for March 19, the next project to raise funds through Launchpad is Celer Network with its CELR token. Similarly to Fetch.ai, there will be only one session, with Binance Coin BNB, 16.14% being the only way to purchase tokens.

Celer Network is a layer 2 scaling platform designed to provide a scalability and efficiency boost to blockchains. decentralized applications. Celer Network employes a layered design consisting of “cCos”, “cRoute” and “cChannel”.

The hard cap for the CELR is set at almost exactly $4 million, which goes in line with the Binance Launchpad strategy of setting lower hard caps than what we’re normally accustomed to seeing in token sales.

In total, around 597 million CELR will be offered at a price of $0.0067 each. Since the sale will be conducted with BNB, the actual BNB price will be set on the day of the token sale. The total supply of CELR tokens is 10 billion.

For both the BitTorrent Token BTT, -0.69% and Fetch.AI FET, -4.32% token sales, it turned out that the allocation of tokens in the Launchpad token sale was not large enough to satisfy demand, and both BTT and FET started trading considerably above their token sale price after hitting Binance’s exchange. Due to the performance of both BTT and FET, it is likely that the queue for the CELR token sale will be packed as well.

Residents of the United States will not be able to participate, with Ukraine, Venezuela and a host of other countries being prohibited as well. LINK DE CADASTRO https://www.binance.com/?ref=12067061