Elrond Network

Elrond Network (EGLD)

Ended

Binance

A Highly Scalable Public Blockchain via Adaptive State Sharding and Secure Proof of Stake.

WEBSITE

WHITEPAPER

RATE*

VERY HIGH

NONE

95 %

Interest

85 %

Product

90 %

Team

TOKEN SALE

SEED

PRIVATE

$2,500,000

PRESALE

TOTAL

$5,750,000

/ $5,750,000

DATE

02 JUL

MARKET PRICES

EGLD MARKET PRICE:

$0.00000000 (

0.00%

)

0.00000000 BTC

0.00000000 ETH

0.00000000 BNB

MARKET CAP:

24H TRADING VOLUME:

MARKET ROI

USD

0.00 x

BTC

0.00 x

ETH

0.00 x

BNB

0.00 x

Indicator, which reflects the level of profitability or loss-making of ICO / IEO.

TOKEN SALE DETAILS

TOKEN SALE INFO

Ticker:

EGLD

Token type:

BEP2

Token Sale price:

1 ERD = 0.00065 USD

Total Tokens:

20,000,000,000 EGLD

Available for Token Sale:

25% (5,000,000,000 EGLD)

Initial Circulating Supply:

37.5% (7,500,000,000 EGLD)

Accepted Currency:

BNB

Max Number of Winning Lottery Tickets:

10833

Allocation Per Winning Ticket:

300 USD (461538.46 ERD)

Whitelist:

JOIN WHITELIST Binance Launchpad

ICO/IEO Information:

READ INFO Token Sale Details on Binance

Public Sale Vesting Period:

No lockup

Token Sale Format:

Lottery

PRIVATE SALE INFO

Private sale price:

1 ERD = 0.00050 USD

Sold on Private sale:

$2,500,000

Private Sale Allocation:

25% (5,000,000,000 EGLD)

Private Sale Vesting Period:

7.5% unlocked at TGE remaining 92.5% unlocks at 15.42% every quarter afterwards

SHORT REVIEW

Lottery Timeline:

2019/06/22 00:00 AM (UTC) to 2019/07/01 00:00 AM (UTC): During this period, user BNB balances will be recorded at a random time each day over a 9-day period. Your final average daily BNB balance over these 9 days will determine the number of tickets that you will able to claim.
2019/07/01 06:00 AM (UTC): Ticket claim will open at this time for all eligible users for a 24 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to completing the ticket claim. Please note users will only be able to claim tickets once.
2019/07/02 06:00 AM (UTC): Ticket claim closes and the lottery draw begins.
2019/07/02 08:00 AM (UTC): Winning tickets are announced and the respective BNB will be deducted from the winning users’ accounts. Please ensure you have sufficient BNB in your account to deduct be deducted within 24 hours if you have a winning ticket.

Average BNB Holdings Calculation
An example of the average BNB holdings calculation for each user is below.

Snapshot #	BNB Balance (recorded at a random time each day)
Snapshot 1	100 BNB
Snapshot 2	100 BNB
Snapshot 3	100 BNB
Snapshot 4	100 BNB
Snapshot 5	50 BNB
Snapshot 6	50 BNB
Snapshot 7	50 BNB
Snapshot 8	50 BNB
Snapshot 9	50 BNB
Average BNB Calculation	(100 + 100 + 100 + 100 + 50 + 50 + 50 + 50 + 50) / 9 = 72.2 BNB
Total Eligible Ticket(s)	1 Ticket

Lottery Ticket Allocation
Users will be able to claim up to a maximum of 5 lottery tickets based on their daily average BNB holdings over the 9 days (represented by X below) leading up to the lottery draw date.
For example, 50 ≤ X < 200 means that your average BNB balance over the entire 9-day period is kept at 50 BNB or more, but does not exceed 200 BNB.