The Project Introduction: Celer Network is a leading layer 2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. Founded by four PhDs from MIT, Princeton, UC Berkeley and UIUC, the network enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics mechanism designs. Celer Network is on a mission to fully unleash the power of blockchain and revolutionize how decentralized applications are built and used.
Binance will host the Celer Token Sale Event on its Launchpad on 19th March 2019 at 2 PM UTC. So we would like to share a few facts and our thoughts about this project in order for you guys to evaluate whether to participate in this Sale Event or not ?
Binance has already hosted such four Sale Events previously, Name of such Projects & Date of Sale event is as under :
i. GIFTO (GTO) – Dec 2017
ii. BREAD (BRD) – Dec 2017
iii. BITTORRENT (BTT) – Jan 2019
iv. FETCH.AL (FET) – Feb 2019
All of these project were huge success and they all were listed within few days of Such Sale Events. They opened at almost 4x-5x higher rate than the rate at which they were available at those sale events.
Here are few facts about the Token CELER :
Start Time. ：2019-03-19 2 PM UTC
End Time : When Hard Cap is reached or at 2019-03-24
Hard Cap. : 4,000,000 USD
Total Token Supply : 10,000,000,000 (10 Billions CELR)
Initial Circulating Supply : 20 % of Total Token Supply
Launchpad Token Price : 0.0067 USD (Price in BNB will be determined on the day of the public sale)
Total Launchpad Sale Allocation : 597,014,925 CELR (6% of Total Token Supply)
Public Sale Vesting Period : No Vesting Period/ No lockup
Individual Cap : 1,500 USD
Individual Minimun Purchase Amount : 20 USD
Requirements for participating in this token sale;
i. All users must complete identity verification to meet the requirements of this project
ii. Users from the following jurisdictions will not be able to participate in this token sale:-
Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote dIvoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Mainland China, Malaysia, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States of America (USA), Venezuela, Yemen, Zimbabwe.
iii. Based on their latest terms, all users are required to accept the Token Purchase Agreement
You guys will be able to buy CELR through your BNB balance only. We expect this token sale to end with in few minutes/hours of it start time as its very much hyped. Price in BNB will be declared on the day of its token sale event.
Three important things noteworthy to be keep in mind :
a. All Previous Launchpad Projects were Listed on Binance way before its Deadline of Token Sale Event and at much higher price.
b. Last time, most of the people were not able to purchase Fetch because of humongous demand and limited supply since Maximum Cap was 3000 USD that time. This time, it is half i.e. 1500 USD. Therefore, more chances of getiing CELR.
c. In order to increase your chances of buying CELR, try to hold atleast 2 times more worth of BNB from today itself. For eg., if you guys want to buy worth 1000 USD of CELR, then try to hold 2000 worth of BNB (roughly 133 BNB). Long term BNB holders will have more chance of getting CELR instead of guys who will buy bnb on 19th of same amount for which they want to buy CELR.
We advise you guys to participate in this token sale event and increase your wealth.