Home / Crypto News / Binance Announces Launch Pad 5th “Harmony ($ ONE)” IEO

Binance Announces Launch Pad 5th “Harmony ($ ONE)” IEO

HOME> News> Binance announces IEO of Launchpad 5th edition “Harmony ($ ONE)”

Binance(バイナンス)がLaunchpad第5弾「Harmony ($ONE)」のIEOを発表

Yuya 【CRYPTO TIMES Official Writer】

Yuya Coin Desk News

I have studied a wide range of technologies and applications of distributed ledger technology.

Binance’s IEO platform ” Binance Launchpad ” has announced that it will carry out token sale of Harmony ($ ONE) as IEO fifth.

Harmony is a PoS-based sharding protocol that implements the PBFT improved consensus mechanism (FBFT) .

The development team cited the establishment of a market place for alternative and non-substitutional tokens (NFT) and privacy-specific data sharing using zero-knowledge certification as a use case for Harmony.

Native Token • ONE has several utilities such as PoS staking , network fees, and governance participation.

The token sale will be held from May 27th to 29th, and the right to purchase will be selected by lottery. The number of lottery tickets increases as the average BNB holding amount increases between 20 and 26 days, and the number increases, and a maximum of 5 cards (average holding amount 500 BNB or more) can be obtained.

Harmony is still in the testnet phase, and now the ONE token will be issued as a BEP-2 token on Binance Chain. The release of Mainnet is between the second and third quarters of this year.

Article Source: Binance

Related articles From the same writer

Popular articles of the same category

Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/Binance-launchpad-vol-5-harmony/

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided provided for entertainment and informational purposes only.

Please check the articles which have not been reviewed and verified all articles posted on CoinNewsDesk.com. Please independent research and verify any information found here before relying on facts on the facts. No content on Coin News Desk makes up a recommendation to enter in any type of investment or any investment in any investment strategy presented on this website. before making any decision regarding investments or your personal finances.

About Coin News Desk Team