PERL Token 101
Everything you need to know about the PERL token in one place.
More information can be found in the official Binance Report: https://research.binance.com/en/projects/perlinx
Overview
In this post, we will be discussing everything to do with the PERL token as seen by the following list:
Token Information
What is a PERL and what can I use it for?
Token Distribution
Past Token Sales
Public Sale Details & Listing
What is a PERL and what can I use it for?
On PerlinX, PERL can be used as a liquidity and a collateral asset. You may stake PERL to provide liquidity to the PerlinX platform and receive rewards for doing so, or you may collateralize your PERL in order to generate synthetic assets eg. pxCarbon, pxGold, pxOil.
Initial Token Distribution
Area
Percentage (%)
No. of Tokens
Binance Initial Exchange Offering
8.38%
86,530,500
Private Round
8.36%
86,375,520
Strategic Round
19.49%
201,370,680
Seed Round
20.00%
206,640,000
Early Adopters / Advisors
9.65%
99,703,800
Team
15.00%
154,980,000
Treasury
19.12%
197,599,500
TOTAL
100%
1,033,200,000
Token Sale Information
PERL tokens were sold between 2017 and 2019 in 3 distinct rounds at different stages of the project. The prices were determined the stage of the project and development of the technology at the time. All prices are in $USD.
Seed Round (2017) - $0.06 This was the very first round to get started on the project and make the first few hires for the Perlin team.
Strategic Round (2018) - $0.12 After significant traction and the first few code reviews, we raised a strategic round open to stakeholders would help in the long term growth of the project. As such, there was a strict selection criterion for those who bought tokens at this stage.
Private Round (2018-2019) - $0.20 Finally, the last round was raised in the middle of 2018, which was open to other institutional parties and we also had a strict selection criterion since there was an extremely high demand at this round.
Public Initial Exchange Offering (August 2019) - $0.07743 This is the round offering to the public through Binance Launchpad.
Token Unlock Schedule
Private ⅓ of tokens will be available immediately then the rest of the tokens will be unlocked in 6-month stages.
Strategic Round 40% of tokens will be available immediately then the rest of the tokens will be unlocked in 6-month stages for 1.5 years.
Seed Round No tokens are released for the first year. From the 2nd year onward, tokens are released over 2.5 years in 20% instalments.
Team Tokens No tokens are released for the first 6 months. From the 7th month onward, tokens are released over 4 years.
Early Adopters & Advisor Tokens No tokens are released for the first 6 months. From the 7th month onward, tokens are released over 4 years.
Months after Listing
Public Sale
Private Sale
Team
Early Adopters/ Advisors
Seed Sale
Strategic Sale
Token Treasury
0
Aug 2019
86,530,500
28,791,840
80,548,272
65,866,500
6
Feb 2020
28,791,840
12,915,000
4,843,128
40,274,136
12
Aug 2020
28,791,840
19,372,500
4,843,128
41,328,000
40,274,136
18
Feb 2021
24,215,625
7,264,689
41,328,000
40,274,136
37,884,000
24
Aug 2021
22,601,250
14,529,375
41,328,000
51,660,000
30
Feb 2022
19,372,500
19,372,500
41,328,000
42,189,000
36
Aug 2022
19,372,500
19,372,500
41,328,000
42
Feb 2023
19,372,500
29,478,480
48
Aug 2023
17,758,125
TOTAL
86,530,500
86,375,520
154,980,000
99,703,800
206,640,000
201,370,680
197,599,500
%
8.38%
8.36%
15.00%
9.65%
20.00%
19.49%
19.12%
Public Sale Details
Tokens Available: 86,530,500
PERL Price - $0.07743
Launchpad Page: https://launchpad.binance.com/en/lottery/8459a668fdec4c39bca47f7d02224df4#lpd1
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