Perlin Smashed the Record for Biggest Binance Launchpad IEO Ever!

Here’s a look back at Perlin’s record-breaking Binance Launchpad IEO in numbers

Maikro~
PERL.eco
3 min readAug 26, 2019

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KEY STATS FOR PERLIN’S LAUNCHPAD IEO

  • We smashed the record for most BNB staked of any Launchpad IEO
  • All 40,695 participants in our IEO are now PERL token holders
  • The initial Launchpad hard cap of US$ 6.7m was raised almost instantly

The Rocket Has Finally Taken Off Magnificently!

It has been a little over two weeks since the announcement was made of our PERL token going up on Binance Launchpad. Since then, as the rocket prepared for take-off, lots of hustling has been done as everyone tried to adapt to new rule changes and tried to achieve their preferred claiming cutoffs for the lottery tickets to get a shot at owning some PERLs.

Even though all the confusion, the initial Launchpad hard cap of US$ 6.7m was raised almost instantly! Looks like a little bit of hustling won’t keep people away from wanting our heavily demanded PERLs!

Now, the rocket has been launched with our Launchpad project becoming the MOST staked Launchpad project on Binance!

So the results were announced and the lucky winning ticket holders have joined our token holder base! Were you one of the lucky ones? Well too bad if you didn’t wi…

BUT WAIT!!!

We don’t leave those who tried to join us behind! For those who did NOT have a winning ticket, an airdrop of 3,874,500 PERLs has been prepared to be distributed among all non-winning participants depending on how many tickets they claimed!

Win or lose, it doesn’t matter. Everyone who participated, all 40,659 participants, in our Launchpad becomes a PERL holder!

Furthermore, PERLs will be listed on Binance starting 26th August 2019 at 12:00 PM (UTC) with the following pairs: PERL/BNB, PERL/BTC, PERL/USDT, and PERL/USDC.

More information about the draw results, airdrop, and PERL trading can be found here.

Now let’s look back at the Launchpad through numbers.

The Launchpad in Numbers

40,695 participants took part in this lottery with our Launchpad being the MOST staked Launchpad project among all other projects on Binance! This doesn’t come as a surprise as the initial Launchpad hard cap of US$ 6.7m was raised almost instantly as the holding period started! The demand was really high as everyone wanted to get their hands on some PERLs!

With all those participants, a whole lot of tickets were claimed, 245,602 tickets to be exact! All those tickets had to fight the Battle of the Lottery Draw (it was a glorious battle) to become one of 13,400 winning tickets so that they could make their owners part of our token holder base! This makes the percentage of winning tickets to be only 5.46%! The competition was really big this time.

Each winning ticket gave the owner 6,457.5 PERLs! The winning tickets were held by 10,940 winning participants, but there are still 29,755 participants who didn’t have any winning tickets. For them, we have the airdrop! For each ticket a non-winning participant has, they get 24.40445446 PERLs! Everyone is a winner!

A full timeline of the Launchpad and the sale results can be found here.

Congratulations to all the participants for being among the fortunate few who are a part of the PERL holder base! Use your PERLs wisely.

Keep the rocket flying high and far and continue supporting us for our future endeavors!

From the entire Perlin team and myself, thank you for your continuous support!

Maikro~

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