Leading cryptocurrency exchange Binance has just announced the next token sale on its Launchpad platform. The project is called Celer Network (CELR) and the token sale will take place between 2019/03/19 2:00 PM (UTC) and 2019/03/24 2:00 PM (UTC). Interestingly, the token sale will accept only BNB tokens.
Celer Network is a layer 2 scaling platform that facilitates fast, easy and secure off-chain transactions. The network can be used to easily build, operate and use decentralised apps (dapps) through off-chain scaling techniques and incentive aligned crypto-economics designs. More information about the project can be found on Celer’s official blog post.
Investors who missed out on the previous two token sales on Binance Launchpad – BitTorrent and Fetch.AI – have a chance to invest in the Celer Network (CELR) token sale. Considering the massive interest generated by the previous two token sales, Binance Launchpad has capped individual investment at $1500 for CELR to enable wider distribution of the tokens.
Many people have also speculated that the recent rise in the price of BNB is due to the fact that the CELR token sale is only going to accept Binance’s native token for investments.
You can set up an account on Binance and purchase BNB tokens if you want to participate in the CELR token sale.
(Image Credit: Celer Blog)