Harmony Token Sale Details On Binance Launchpad – How To Join And Buy Harmony (ONE) Token?
About Harmony (ONE)
What is Harmony (ONE)?
Harmony (ONE) is an open, decentralized market. The Harmony protocol was created to build an open-market place on the Google-scale for decentralized economy. The goal of the project is to provide a consensus protocol throughOpen Internet with 10 million transactions per second and a latency of 0.1s, 0.1% fee compared to the transaction value. Harmony will help speed up and accommodate up to 1000 times, expanding the market to around 10 billion people and 100 billion devices.
– Use Blockchain technology
– Harmony is a high-performance blockchain demands 10x innovations in the transport network, consensus protocol & system tools..
– Use the OmniLedger ledger with Practical Byzantine Fault Tolerance (PBFT). This mechanism has the advantage of high speed. Disadvantage is decentralized model/ should be allowed.
– Programming language: Min Language (github: min-lang)
– State of Research: 13,000 tx / sec @ 1,800 nodes
Key Features And Highlights
– Harmony will serve as a high-volume data marketplace and aims to optimize its machine learning performance. Harmony follows Blockchain-based Machine Learning Marketplaces to build a new decentralized economy based on data.
– Harmony bases its network stack on Google’s UDP, called QUIC, which accounts for 88% of Chrome traffic (35% Google’s traffic or 7% of Internet traffic). QUIC improves multiplexing over sessions and achieves zero round-trip latency.
– Harmony devises static types with concise syntax as security specification, analyzes decentralized protocols in formal models, and generates optimized code across networks.
The team are comprised of individuals with a history working at Microsoft, Google and Apple, among some of the other biggest tech companies in the world, as well as holding 4 PH.Ds between them.
Investors In Harmony
Harmony (ONE) Token Information
– Token Name: Harmony (ONE)
– Ticker: ONE
– Token type: BEP2 while in Testnet Phase
– Total Token Supply: 12,600,000,000 ONE
– ONE Token Distribution:
+ Seed sale tokens comprise 22.4% of total supply.
+ Launchpad sale tokens comprise 12.5% of total supply.
+ Team tokens comprise 16.9% of total supply.
+ Protocol development tokens comprise 26.4% of total supply.
+ Ecosystem development tokens comprise 21.8% of total supply.
Harmony Token Sale Details On Binance Launchpad
Harmony Points of Differentiation
Key innovations in state sharding (secure staking & resharding with decentralized randomness) and in peer-to-peer networking (optimal cross-shard routing, fast block propagation).
- Harmony is a POS-based state-sharding protocol, while existing protocol projects are mostly POW-based.
- Harmony’s consensus is a fast BFT algorithm which uses BLS multi-sig and scales linearly with the number of nodes, while many existing projects uses the old single chain-based consensus (same as Bitcoin).
- Harmony’s consensus doesn’t have forks and has instant finality, while existing chains have forks and no instant finality.
Harmony’s cross-shard communication is sublinearly efficient due to the use of Kademlia routing and Erasure Encoding.
For More Information At:
– Telegram group: https://t.me/harmony_one
– Twitter channel: https://twitter.com/harmonyprotocol
– Medium: https://medium.com/harmony-one
Harmony (ONE)Token Sale Details
Seed Sale: Completed in May 2018 and raised a total of ~$18.3 million at ~$0.0065 per token, selling 22.4% of total token supply.
Binance Launchpad Sale:
- Launchpad Session Time: 2019/05/27 06:00 AM (UTC) to 2019/05/29 08:00 AM (UTC). Recording of BNB balances starts at 2019/05/19 23:59:59 (UTC).
- Token Name: Harmony (ONE)
- Ticker: ONE
- Hard Cap: 5,000,000 USD
- Total Token Supply: 12,600,000,000 ONE
- Total Tokens Allocated to Binance Launchpad: 1,575,000,000 ONE (12.5% of Total Token Supply)
- Public Sale Token Price: 1 ONE = 0.003175 USD (price in BNB will be determined on the lottery draw date)
- Token Sale Format: Lottery
- Max Number of Winning Lottery Tickets: 16,666
- Allocation Per Winning Ticket: 300 USD (94,488.18 ONE)
- Maximum of Ticket for each user: 5 Ticket (1,500 USD)
- Supported Sessions: Binance Coin (BNB) only
- Harmony (ONE) will be issued on Binance Chain as a BEP2 asset
How To Join And Buy Harmony (ONE) Token?
Here’s a step-by-step guide on how to participate in ONE Token Sale on Binance Launchpad:
Step 1: Register And Verify Account On Binance Exchange: This is to ensure that token sales are being done in compliance with regulatory requirements in users’ jurisdictions.
Step 2: Buy And Hold Binance Coin (BNB) As Rules Below
The Harmony token sale will follow a lottery format, with the recording of user Binance Coin (BNB) balances starting at 2019/05/19 23:59:59 (UTC)
– Binance will calculate the average BNB holdings on each account over the holding period. This is calculated as the average of your BNB balance at 23:59:59 (UTC) each day in the 7-day period.
An example of the average BNB holdings calculation for each user is below:
|Day #||BNB holdings at 23:59:59 (UTC) each day (snapshot time)|
|Day 1||100 BNB|
|Day 2||100 BNB|
|Day 3||100 BNB|
|Day 4||100 BNB|
|Day 5||50 BNB|
|Day 6||50 BNB|
|Day 7||50 BNB|
|Average BNB Calculation||(100 + 100 + 100 + 100 + 50 + 50 + 50) / 7 = 78.57 BNB|
|Total Eligible Ticket(s)||1 Ticket|
– Users are now able to sign the Token Purchase Agreement at any time up until the end of the ticket claim period.
Lottery Ticket Allocation
Users will be able to claim up to a maximum of 5 lottery tickets based on their average BNB holdings at a snapshot time of 23:59:59 (UTC) each day over the 7 days (represented by X below), leading up to the lottery draw date.
|7-Day Average BNB balance (X)||No. of Lottery Tickets|
|50 ≤ X < 200||1|
|200 ≤ X < 300||2|
|300 ≤ X < 400||3|
|400 ≤ X < 500||4|
|X ≥ 500||5|
- From now until 2019/05/19 23:59:59 (UTC): Users can begin depositing or purchasing BNB into your account. Users may also begin signing the Token Purchase Agreement.
- 2019/05/19 23:59:59 (UTC): User BNB balances start to be recorded at this time, and will continue to be recorded at 23:59:59 (UTC) each day for another 7 days.
- 2019/05/26 23:59:59 (UTC): Final BNB balances in user accounts are recorded to determine eligibility to claim lottery tickets.
- 2019/05/27 06:00 (UTC): Ticket claim opens for all eligible users for a 24 hour period. Users can also sign the Token Purchase Agreement during this time.
- 2019/05/28 06:00 (UTC): Ticket claim closes and the lottery draw begins.
- 2019/05/28 08:00 (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.
How To Buy Binance Coin (BNB)?
Please See Tutorial At: Binance Exchange Tutorial
Step 3: Buy Harmony (ONE) Token
– Login Your Binance account and go to the Binance Launchpad page to find the Harmony project
Harmony Token Sale Details On Binance Launchpad
– Click the Harmony project page: Each Launchpad project requires a separate Token Purchase Agreement to be signed by each use
+ On 2019/05/27 06:00 (UTC): Ticket claim opens for all eligible users for a 24 hour period. You must claim Your ticket.
+ On 2019/05/28 08:00 (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.
+ Click on ‘Ticket Claim History’ at right top corner of site to check Your Lottery Results
– Get Your ONE Tokens soon: Within 15 days after the token sale ends, You will be credited with the respective tokens to Your Binance account.
– You will be able to either directly trade the ONE token on Binance Exchange or withdraw the tokens to Your personal wallet once the tokens are distributed.
* Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Albania, Belarus, Bosnia & Herzegovina, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Cuba, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgystan, Laos, Malawi, Malaysia, Mali, Mozambique, Myanmar (Burma), New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.
Risk warning: Binance Launchpad is a high-risk investment channel. You should be sensible in Your participation and be aware of investment risks. We is not liable for Your investment gains or losses. The information we provide is for You to conduct Your own research. It is not investment advice.
Harmony Token Sale Details On Binance Launchpad – How To Join And Buy Harmony (ONE) Token? – Cryptokiemtien.com