What is PERL [Perlin]? Project IEO 8 on Binance Launchpad

Binance has just introduced the 8th project on Binance Launchpad with the name Perlin (PerL) after the end of the round IEO WINk. And immediately BNB price has bottomed out and set a new high for the day despite the scandal of revealing their user information.

The following, Blogtienao will give an overview of IEO win rates as well as in-depth analysis of this Launchpad 8.

Perlin Project

What is perlin?

Perlin is a scalable PoS smart contract platform. The PoS Perlin protocol has no leader (PoS), no committee or authorization. Thus ensuring the security properties of Bitcoin but with the speed of private chains.

Key features and highlights of Perlin

• Leaderless PoS: A new PoS, no leader
• Minimum Hardware buttons: PERL Holder can run the authentication button with minimum hardware requirements (512MB RAM and 2 CPUs) and participate in earning a transaction fee.
• Traction from trade and markets: Perlin is currently targeting applications of international trade
• Scalability: Platform can reach throughput of more than 31.000 TPS and always have 0 to 4 seconds to complete thanks to Wavelet

Perlin's mission

Perlin's mission is to promote the future of decentralized technologies; accelerate the transition of international trade into a purely digital autonomous industry.

Crypto PERL

What is PERL token?

PERL is a native token in the Perlin ecosystem and is issued as ERC-20.

PERL token use cases

PERL tokens have the following main use cases:

• Payment of transaction fees
• Pay smart contract fees
• Stake to run the confirm button

PERL token management and fund usage

The following are expected expenditures:

• Project development 65%
• Business development, marketing, finance, administration, ...: 25%
• Other: 10%

PERL token release schedule

The following chart shows the number of PERL tokens that are expected to be issued monthly

PERL distribution

• Seed Sale accounting for 20% of total supply
• Strategic Sale accounting for 19.49% of total supply
• Private sale accounting for 20% of total supply 8.36
• Public sale accounting for 20% of total supply 8.38
• Team Keep 15% of total supply
• Adviser Keep 9.65% of total supply
• Treasury accounting for 19.12% of total supply

About Seed Sale

• Conducted in January 1
• Raised ~ 12,4 million USD for $ 0.06 / PERL
• Sold 20% of total supply

About Strategic Sale

• Conducted in January 5
• Mobilized a total of ~ $ 24,2 million at ~ $ 0.12 / PERL
• Sold 19.49% of total supply

About Private Sale

• Conducted in January 7
• Mobilized a total of ~ $ 17,3 million for $ 0.20 / PERL
• Sold 8.36% of total supply

About Public Sale

• Conducted in January 8
• Expected revenue of 6,7 million USD at $ 0.07743 / PERL
• Sold 8.38% of total supply
• The exchange rate of PERL / BNB will be determined before the date of sale

PERL storage wallet

You can keep it directly on Binance or in wallets that support the ERC-20 format like: MyEtherWallet (MEW), Metamask, ImToken, ... Alternatively, you can hold tokens in your wallet Trust wallet.

Read more: What is ERC20 Token?

Roadmap and update dPerlin Project (PERL)

Quarter 3 / 2018

• Implement consensus mechanism

Quarter 4 / 2018

• Release Whitepaper
• Release the Testnet client

Quarter 1 / 2019

• Internal release of traceability and anti-tampering applications
• Introducing a new consensus mechanism

Quarter 2 / 2019

• Release Noise V2
• Publish Public Testnet

Quarter 3 / 2019

• Release Wavelet Testnet V0.2
• Open testnet to confirm publicity and stake

Quarter 4 / 2019

• Release client update
• Release Wavelet Testnet V0.3

Quarter 1 / 2020

• Release the mainnet Wavelet
• Release Trade Application Layer and Perlin Trade Toolkit

Perlin's trade and business development partnership

NITI India: An advisory body to the Indian Government. The partnership between Perlin and NITI will build a privacy protection platform.

PT Telkom: An Indonesian telecommunications company. Perlin and PT Telkom will jointly sponsor AI for the global All Hackathon.

Rayon Asia Pacific: Manufacturer of viscose rayon. The company partnered with Perlin to launch Follow Our Fiber - which enables supply chain traceability.

ICC: The place represents more than 45 million businesses with 1,3 billion employees in 130 countries. ICC connects Perlin with its major members to drive adoption in the business.

Singapore Government: Singapore Government is cooperating with Perlin and ICC to establish CoFT

Dubai Chamber of Commerce: Exclusive distribution partner for Perlin products in the Middle East and North Africa

Overview of the Perlin development team

Dorjee Sun (Project Leader): Advisor of AirBloc, Loki Network, Republic Protocol, Virgil Capital, ...

Kenta Iwasaki (CTO): Winning over 20 international hackathons, Head of Research at Naver, ...

In addition, the project also brings together many experts in the industry, each held many important positions in large projects.

Perlin transaction data (PERL)

Liquidity: Token PERL has not been actively traded since the date of this report.

Perlin technical overview (PERL)

Public Github repository 

Wavelet: Code for the Wavelet network

Noise: A decentralized P2P network stack is written in Go

Life: A secure WebAssugging virtual machine for decentralized applications

Lens: The official Explorer network for Wavelet

Smart Contract RS: Write WebAssugging smart contracts for Wavelet in Rust

Private Github repository

Clarity-rayon: A solution built for Rayon Asia Pacific

Certify: Transparent, verifiable, and immutable decentralized database & product & asset authentication

Blockchain data and Perlin network (PERL)

Wavelet ledger 

Wavelet provides power for smart contracts and has the following features:

• Ability of extension
• Practical applicability
• Compact (Running a full Wavelet button only needs 512MB of RAM)

Design

Wavelet uses two different consensus protocols, namely S / Kademlia to gossip and Snowball to query.

Critical Transaction (Critical Transaction)

One of the generated transactions will likely be marked (randomly) as Critical based on the difficulty parameter. They are a random function that can be verified based on the number of prefixed bits of BLAKE2b.

If the number of non-prefix bits exceeds the difficulty parameter, the transaction is considered Critical. Therefore, any adjustments to the difficulty parameters will change the frequency of Critical transactions.

Community and social channel of Perlin

Telegram (English) | 1.4K Members

Telegram Annoucement | 13K Members

Discord | 2.9K Members

Twitter (English) | 3.9K Followers

Medium (English) | 1.2K Members

Facebook (English) | 560 Followers

Reddit (English) | 304 Followers

How to own a PERL token?

1. Join IEO Perlin (PERL)
2. Buy PERL on listed exchanges
3. Join the protocol, become network guard, run validators to get PERL
4. Participate in bounty, airdrop programs

How to profit from PERL

Since this is a nascent project, you don't have many options in this section other than to trade or hold PERL

Should I invest in PERL?

With clear development direction and being selected by Binance to join Binance Launchpad. You can rest assured somewhat in the investment decision.

However, Blogtienao We recommend that you do not listen to any "investment advice" from anyone who invests without understanding the project thoroughly.

Perlin Project Details (PERL) named Binance Launchpad

Chi tiết bán token PERL

• Tên token: Perlin (PERL)
• Launchpad Hard Cap: 6.700.000 USD
• Tổng cung token: 1.033.200.000 PERL
• Tổng số token được phân bổ cho Binance Launchpad: 86.530.500 PERL (8,38% tổng nguồn cung cấp mã thông báo)
• Giá bán token công khai: 1 PERL = 0,07743 USD (giá bằng BNB sẽ được xác định trước ngày rút thăm xổ số)
• Định dạng bán token: Xổ số & Airdrop
• Số lượng vé xổ số trúng thưởng tối đa: 13.400
• Phân bổ cho mỗi vé trúng thưởng: 500 USD (6.457,45 PERL)
• Tổng số mã Airdrop: 3.874.500 PERL (khoảng 300.000 USD)
• Phiên được hỗ trợ: Chỉ BNB
• PERL ban đầu sẽ được phát hành dưới dạng tài sản ERC-20.

Mốc thời gian xổ số

• 2019/08/09 00:00 AM (UTC) đến 2019/08/23 00:00 AM (UTC): Trong khoảng thời gian này, số dư BNB của người dùng sẽ được tính bằng các ảnh chụp nhanh hàng giờ cho mỗi ngày trong khoảng thời gian 15 ngày. Số dư BNB trung bình hàng ngày cuối cùng của bạn trong 15 ngày này sẽ xác định số lượng vé mà bạn có thể yêu cầu.
• 2019/08/23 06:00 AM (UTC): Yêu cầu vé sẽ mở vào thời điểm này cho tất cả người dùng đủ điều kiện trong khoảng thời gian 24 giờ. Người dùng cũng phải ký Thỏa thuận mua mã thông báo cùng một lúc, trước khi hoàn thành yêu cầu vé. Xin lưu ý rằng người dùng sẽ chỉ có thể yêu cầu vé một lần.
• 2019/08/24 06:00 AM (UTC): Khiếu nại vé đóng cửa và rút thăm xổ số bắt đầu.
• 2019/08/24 08:00 AM (UTC): Vé trúng thưởng được công bố và BNB tương ứng sẽ được khấu trừ từ tài khoản của người dùng chiến thắng. Vui lòng đảm bảo bạn có đủ BNB trong tài khoản để khấu trừ trong vòng 24 giờ nếu bạn có vé trúng thưởng.
• 2019/08/25 08:00 AM (UTC): Sau thời gian này, chúng tôi sẽ phát sóng mã thông báo PERL cho tất cả những người tham gia không có vé trúng thưởng.

Phân phối vé số

Người dùng sẽ có thể yêu cầu tối đa 10 vé xổ số dựa trên tỷ lệ nắm giữ BNB trung bìnhhàng ngày của họ (đại diện bởi X bên dưới) trong khoảng thời gian 15 ngày trước ngày rút thăm xổ số.

Ví dụ: 50 ≤ X <100 có nghĩa là số dư BNB trung bình của bạn trong toàn bộ thời gian được chỉ định được giữ ở mức 50 BNB trở lên, nhưng không vượt quá 100 BNB.

Predict the Winning Ratio of Launchpad 8

Last time, the winning rate was about 23% with hardcap ~ 6 million USD, each winning ticket was only $ 30, this time with Hardcap about 6.7 million USD, but 1 winning ticket is equivalent to $ 500. So the new Ad's winning rate is expected to be 5-8% if compared to the number of players from the last time.

However, after two periods of IEO, BNB showed a sharp decline in value and hit ratio very difficult, so the majority of retail investors are swinging losses. And with a very low hit rate, this Launchpad2 will eliminate many small investors, so the rate will be raised, that is, about 8-8% Hahaha. And this is a shark's game :))

CZ changed the law drastically, keeping up with CZ's law is also very tiring, last time the boss said that he would issue an announcement and hold 7 days before, but unexpectedly this time it announced that the holding time of BNB was calculated from August 9, 8. What should I say, disappointed with those who have been loyal to the Binance IEO, the hit rate is decreasing, the hope is more and more distant….

In return, this Ad is expected to be x5-x8, higher than the WINk.

Conclusion

Hopefully, ad's own comments and in-depth analysis in this article can help you better understand this IEO project. I wish you a successful investment!