Binance Listing, Community Growth, News, Reviews and Next Steps Ahead

Beniamin Mincu
Elrond Network
Published in
4 min readJul 5, 2019

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After 1.5 years of research and development Elrond has delivered state of the art blockchain technology: a fully sharded architecture with a live testnet processing upwards of 12.000 TPS with only 5 shards. This has been a major milestone.

We were blown away by the excitement and community support expressed yesterday, so we are glad to share the latest updates with you.

Successful Binance listing

Following a successful public sale with a record number of participating tickets (97,817), Elrond is currently trading both on Binance DEX and Binance.com with a volume peaking $30 Million for the first hour, and $241,262,377 in the past 26 hours. Not too bad for a first listing day.

Growing the Elrond awareness

We are also happy to announce that Elrond is currently listed on Coinmarketcap, Coingecko, Blockfolio, Delta, Blockcc, and Feixiaohao.

In addition, we have also joined the Binance Info’s transparency initiative and are now sharing project-related information such as news and progress reports on Binance Info.

Accelerating community growth

We are witnessing an unprecedented community growth with a wide diversity of communities around the world. You can get a quick overview through the stats below:

And by the way, don’t forget to join your specific community and help us spread the word: English telegram; Chinese telegram; Phillipino telegram; Russian telegram.

Asia community outreach — we have recently also opened our own KakaoTalk channel and have managed to get several Korean news mentions: Decenter, Pax News, NewsWorks, Seoul Economy, Chain News, Tconomy, ParangSae, Sixdong.

Social mining restart

Our community has been growing significantly, and to help channel some of this positive energy we are excited to re-open our Community Platform and restart social mining. This is a great chance to get involved, start supporting Elrond, and share the information to other communities around the world. We will follow up with an announcement on the exact day of the opening, and more information on processes.

News and reviews

In light of the most recent developments, Elrond has also been featured in the following media outlets and cryptocurrency research publications Inc.com, Cryptoglobe, Badcryptopodcast, Coinspeaker, Cryptopolitan. We’ve also seen Elrond in a few reviews published by Picolo research, Blepcoin, and The Martini Guy.

We love validators

As you may know, you can already join our Riot channel for technical and validator discussions. The documentations for running an Elrond node is out, and you can participate in the community bug hunt. More info in this thread.

We are super excited about the Battle of Nodes which will start very soon. A dedicated page for this will be ready, where developers can apply, take part in the competition, stress test the network and win Elrond rewards.

Binance DEX competition

The 77 000 000 $ERD Airdrop is currently LIVE on the Binance DEX, and it will end on the 9th of July. Here are some interesting stats about Day 1 $73 Airdrop (Approx $110,000 USD):

  • 1500 qualified address
  • 15,400,000 ERD & 400 BNB were airdropped (Approx $110,000 USD)

You can see the distribution TX here here here and here. There are still 4 days left and 61,600,000 ERD l& 1,600 BNB left to be airdropped (Approx $435,000 USD), so be sure not to miss out on this one.

Next week focus:

1. Be sure to join us for a LIVE periscope discussion with the Elrond team, on Monday, 5PM GMT. We will attempt to break a new record in network transaction throughput, reveal a new partnership, and showcase a cool community surprise.

2. The whole week will be filled with a telegram tour: Binance English(84k members), Nhóm VBC(largest vietnam community), and marketing awareness, sharing all info about Elrond to key crypto communities in different countries around the world.

3. We’re preparing for a few global conferences and events, as well as a few hackathons and will share more info on where you can meet us.

Thank you again for your support. Exciting times ahead!

About Elrond

Elrond is built by a team of experienced entrepreneurs along with 13 engineers and researchers with significant technical experience at Microsoft, Google, Intel, NTT DATA, 2 PhDs in CS & AI, multiple math, CS and AI olympiad champions, and blockchain backgrounds, including being previously part of the NEM core team.

For more information, please visit us:

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