More information can be found in the official Binance Report: https://research.binance.com/en/projects/perlinx
In this post, we will be discussing everything to do with the PERL token as seen by the following list:
What is a PERL and what can I use it for?
Past Token Sales
Public Sale Details & Listing
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.
No. of Tokens
Binance Initial Exchange Offering
Early Adopters / Advisors
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.
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
Early Adopters/ Advisors
Tokens Available: 86,530,500
PERL Price - $0.07743