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
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
PERL operates as the governance token of the DAO, which plays a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic value flow in the network. PERL holders get to vote on this fee model and distribution, as well as other important decisions.
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 |
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 the development of the technology at the time. All prices are $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 that would help in the project's long term growth. 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 | | 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% |
- Tokens Available: 86,530,500
- PERL Price - $0.07743
Last modified 1yr ago