Just recently, Binance’s CEO Changpeng Zhao, famously known as CZ, released a post on his twitter handle congratulating Binance launchpad, the exclusive token sale platform for the most transformative crypto projects.
According to research sources, the IEO launching platform run by Binance, whaled returns of 620% and 787%. As per CZ’s tweet, the tokens that were hand-picked for token sales on Binance Launchpad include;
- BitTorrent (BTT)
- Fetch (FET)
- Celer (CELR)
- Matic (MATIC)
- Harmony (ONE)
Harmony (ONE), a fully scalable and secure blockchain based token was just recently added on Binance Launchpad as the platform’s 5th project of the year. As announced, Harmony’s token sale will follow a lottery format and begin on May 28, 2019 at 06:00 AM UTC.
Scaling happens to be one of the key challenges faced by the blockchain industry; Harmony therefore aims to solve this problem by using sharding to parallelize transaction processing. The platform helps businesses tokenize their assets as well as incentivize user engagement and create an open economy for data sharing.
Binance Launchpad’s Fetch (FET) token sale in March was over in 10 seconds. Those who bought it off the launchpad have fetched 119% returns on their investment. Celer (CELR) later that month and Matic (MATIC) in April have generated 126% and 620% gains from their Launchpad prices, respectively. Since the Binance Launchpad announced support for BTT token, the coin’s price has experienced a massive rise of 787%.
Notably, Harmony and all the other projects accepted on Binance Launchpad have a greater access to resources as well as support from across the Binance ecosystem, -the Binance ecosystem comprises of the world’s leading crypto exchange platform, Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet and Charity.
Binance Coin (BNB) on the other hand is quickly climbing the crypto ladder despite Binance’s recent hack which led to a $40 million security breach. Apparently, exchange users rely on the exchange and celebrate the success of Binance Launchpad.
Binance is the world’s largest crypto exchange platform by trade volume currently based in the crypto friendly island of Malta. The platform is quite famous for its professional attitude and friendly CEO, low trading fees, and impressive number of Initial Coin Offering listings.