CELR sells out in 17 minutes, CZ: "highest demand we have seen"

19 Mar, 2019 | Updated: 19 Mar, 2019
by Alberto Arnaldo
Breaking News
CELR sells out in 17 minutes, CZ: highest demand we have seen

The third round of the Binance Launchpad is now completed, as more than 500 million CELR tokens were sold to participants for about $4 million in only 17 minutes. The Celer Network is a layer-2 scaling platform which enables fast, easy and secure off-chain transactions.

CELR tokens were priced at 0.000434 BNB on the sale, and purchase restrictions were a minimum of 2,985 and a maximum of 223,880. According to an entry on the Binance blog, the sale took only 17 minutes and 35 seconds to complete.

Expectation was definitely high in the minutes following the start of the launch, with similar levels of hype to those which erupted during the latest rounds of the Binance Launchpad, namely those of the BitTorrent Token and the Fetch.AI token as well.

Users gathered at an internet café at an undisclosed location which appears to be somewhere in Asia appear to be well coordinated in attempting to secure some of the CELR tokens:

It is also interesting to see how some are taking the CELR launch on Binance to a new personality cult level:

Although it appears as if there are some unhappy users as well, many of the claims seem rather unreasonable taking into account that their main concern is the waiting time. CZ tweeted to admit that most of the users who tried to get hold of some CELR were unable to do so:

The CEO of Binance also mentioned that the CELR token sale has broken their previous demand records, while admitting some technical difficulties:

Read more: Celer Network (CELR): All you need to know about the Binance Launchpad sale; Celer Network (CELR) token sale rate set on Binance Launchpad

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