Celer Network

Description

Celer Network is a coherent technology and economic architecture to enable Internet-scale public blockchains through off-chain scaling techniques. It can scale out to billions of transactions per second, and will fully
unleash the power of blockchain and decentralized applications.

Problem Solved

An off-chain network solution to bring Internet-level scale to blockchain. It target both performance and flexibility through innovations. It gives Scalability, Secure and private, Dapp-aware, Rapidly Evolvable, easy to use
and Incentive Compatible.

Token Use

The CELR token drives cEconomy, the off-chain cryptoeconomic incentive structure of Celer Network in the following ways: CELR serves as an incentive for maintaining a stable and abundant liquidity pool in Proof of Liquidity
Commitment process. CELR is used in Liquidity Backing Auction to increase the priority of liquidity backing bids and therefore statistically increase the liquidity interests payout.

Celer Review and Rating

celer--table

Pros

– Project Potential: Considering this ICO is being launched on Binance the short-term potential is excellent, long term this is also very interesting due to the strong use case and great implementation

-Community: 30K on telegram and 8.9K on twitter. Also, this project enjoys a lot of attention since it is being launched at Binance Launchpad, and the Binance user base is in a sense the community

CONS

– Token Sale Terms: 30 of the 34 M USD were already raised, the Public Token Sale will have a hard cap of 4M USD for 6% of the tokens, that is a small percent of the tokens, with 27% already sold in the seed round it is
problematic

Public Sale Ended

19 Mar 2019

Total raised
$4,000,000 / $4,000,000

General info.

Token : CELR

Token type: ERC-20

ICO price: 1 CELR = $0.0067 USD

Finite token number10,000,000,000 CELR

Token Allocation: Seed sale: 11.5%. Private sale: 15.5%, Launchpad sale: 6.0%, Team: 18.3%, Advisors: 1.7%, Foundation: 17%. Marketing & Ecosystem: 5.0%. Mining Rewards: 25%

Status: Whitepaper is ready.

Token Launch Platform: Binance Launchpad

Accepted Currencies: BNB

Initial Circulation Supply : 1,965,033,333 (~20% of Total Supply)

private sale

Raised: ~$7,475,000 USD (15,130 ETH)

April, 2018

~$0.0065 USD = 1 CELR (1 ETH = 76,000 CELR)

presale

Raised: ~$23.25M USD (49,363 ETH)

August, 2018

~$0.0150 USD = 1 CELR (1 ETH = 31400 CELR)

crowd sale

Cap: $4,000,000 USD

March 19 (18:00 UTC) – March 24 (18:00 UTC)

$0.0067 USD = 1 CELR

Team Members

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Mo Dong

Linkedin Icon and Link

Co-Founder

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Junda Liu Linkedin Icon and Link

Co-Founder

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Xiaozhou Li Linkedin Icon and Link

Co-Founder

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Qingkai Liang Linkedin Icon and Link

Co-Founder

Advisory board

Christos Kozyrakis Linkedin Icon and Link

Advisor

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Alan Mishchenko Linkedin Icon and Link

Advisor

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Shoucheng Zhang Linkedin Icon and Link

Advisor

Investors


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