Binance has announced the next token sale on its token sale platform Binance Launchpad. Singapore-based Perlin will become the eighth project on the Launchpad platform. Perlin is a blockchain protocol project that is building a new Wavelet distributed ledger, built on a ‘leaderless proof of stake’ consensus mechanism developed for easily deploying decentralised apps. The company’s aim is to build the fastest public blockchain.
Perlin already has partnerships with some major organisations, including support from the Singapore government, which has encouraged the startup through funding and strategic support through Enterprise Singapore. The company has also raised money Arrington XRP Capital, Bitmain, FBG Capital and Kakao Investments, among others.
At Binance Launchpad, we continue to support blockchain startups striving to bring sustainable development to the crypto industry and make blockchain technologies more accessible to individuals and companies. Perlin has great potential with its team providing a new blockchain scaling solution and unique leaderless consensus algorithm that will facilitate digital global trade, cloud computing, and other decentralized apps.Binance CEO and Founder, Changpeng Zhao
Perlin’s token sale on Binance Launchpad will follow the updated lottery format announced in July and will officially begin on August 9, 2019, at 00:00 UTC. According to the rules, Perlin will follow a 15-day BNB holding period. Going forward, the BNB holding period may start before a Launchpad Project is even announced which means that users are being encouraged to ‘hodl’ their BNB. Users will be able to claim up to a maximum of 25 lottery tickets based on their daily average BNB holdings.
Our leaderless, practical, user-friendly and open-source ledger Wavelet outperforms every other public blockchain and we see ourselves as a public open enterprise DLT. This is why the International Chamber of Commerce, Singapore Government, Indian Government, and major business chambers around the world are comfortable working with usDorjee Sun, CEO of Perlin