ICO_LIST_icon_flow

CryptoPotato score

8.5/10

Celer Network

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.
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.
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

8.5

Team

8.7/10

Stage of The Project

8.4/10

Project Potential

9.3/10

Community

9.2/10

Token-Use

7.8/10

Token Sale Terms

7.6/10

White Paper

8.3/10

Technology

8.9/10

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

Token: CELR

Token type: ERC-20

ICO price: 1 CELR = $0.0067 USD

Finite token number: 10,000,000,000 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
Token will be distributed 15 days after the public token sale

Cap: $4,000,000 USD
March 19 (18:00 UTC) - March 24 (18:00 UTC)
$0.0067 USD = 1 CELR

Team Members

Celer network team

Mo Dong

Co-Founder

Celer network team

Junda Liu

Co-Founder

Celer network team

Xiaozhou Li

Co-Founder

Celer network team

Qingkai Liang

Co-Founder

Advisory board

Celer network team

Christos Kozyrakis

Advisor

Celer network team

Alan Mishchenko

Advisor

Celer network team

Shoucheng Zhang

Advisor

Investors

pantera logoDHVC logoFBG logoStable logoArrington logoBlockVC LogoSignum Capital LogoZMT capital logoNGC Capital LogoOneboat logoLYVC logoMW Partners LogotorqueDFG logoSRC Capital

Partners

L4 LogoDFINITY Logoaelf-logoQuarkchain logoqtum logoNervos Logochainlink logo

Disclaimer: All ratings published on CryptoPotato are for informational purposes only. CryptoPotato does not provide investment forecasts, recommendations or consulting. Thus, neither CryptoPotato nor its writers can be held responsible for its visitors’ investment decisions. CryptoPotato is not affiliated with and does not endorse or sponsor any listed token sales. CryptoPotato may receive a fee for advertising certain token sales, in which case it will be designated and marked accordingly. CryptoPotato may receive a fee for conducting due diligence before listing, rating and/or evaluating a token sale. CryptoPotato will never accept a fee in exchange for a certain rating score and/or evaluation for token sales. Full disclaimer

Scroll to top