Introducing the Elrond (ERD) Token Sale on Binance Launchpad

Elrond Network
1 min readJun 18, 2019

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Binance is excited to announce the next project on Binance Launchpad — Elrond (ERD). Strictly first come first serve basis, additional contributions above $500,000 will be rejected automatically.

At 09:00 AM (UTC), 21st June 2019, participants will need to send BNB (100 BNB Individual Cap) to the Elrond Binance Launchpad IDO address below:

bnb1c22qt8gzhzz9a2ngwnh5he8ddvfutl40jnnx32

Memo: 1861806041

Token Details:

Token Name: Elrond (ERD)

Hard Cap: 3,250,000 USD

Total Token Supply: 20,000,000,000 ERD

Total Tokens Allocated to Binance Launchpad: 5,000,000,000 ERD (25% of Total Token Supply)

Public Sale Token Price: 1 ERD = 0.00065 USD (price in BNB will be determined prior to the lottery draw date)

Token Sale Format: Lottery

Max Number of Winning Lottery Tickets: 10,833

Allocation Per Winning Ticket: 300 USD (461,538.46 ERD)

Supported Sessions: BNB only

Elrond (ERD) will be issued on Binance Chain as a BEP2 asset.

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Elrond Network

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