About

Celer Network is a leading layer 2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. Founded by four PhDs from MIT, Princeton, UC Berkeley and UIUC, the network enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics mechanism designs. Celer Network is on a mission to fully unleash the power of blockchain and revolutionize how decentralized applications are built and used.

Click to see more

KEY FEATURES

  • Already achieved 10,000X transaction latency reduction
  • Zero off-chain smart contract transaction fees
  • Accelerates both payment and smart contracts
  • 100X fee reduction for micro payment
  • Horizontally scalable as more nodes joining
  • Provably optimal off-chain payment routing algorithm
  • The world’s first off-chain crypto economics model to ensure safety and high liquidity
  • Blockchain agnostic (already support Ethereum, DFINITY and all EVM based blockchains)

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    Mar 19th, 2019 2:00 pm (UTC)

  • IEO Closing Date:

    Mar 24th, 2019 2:00 pm (UTC)

  • Country of Origin:

    Singapore

  • TOKEN DETAILS

  • Symbol:

    CELR

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Token

  • Finance Information

  • Public Sale Hard Cap:

    4 000 000 USD

  • Total Token Supply:

    10 000 000 000 CELR

  • Tokens for Public Sale:

    597 014 925 CELR (5.9701% of total token supply)

  • Public Sale Token Price:

    1 CELR = 0.0067 USD

  • Public Sale Vesting Period:

    No lockup

  • Token Distribution

    Within 15 days after the token sale ends

  • Token Sale Format

    Standard

  • Private Sale Token Price

    1 CELR = 0.015 USD

  • Private Sale Allocation

    15.5

  • Private Sale Vesting Period

    Vesting over 3 months

  • Seed Sale Token Price

    0.0065

  • Seed Sale Allocation

    11.5

  • Seed Sale Allocation

    Vesting over 10 months

  • Legal Information

  • Company Name:

    ScaleSphere Foundation Ltd.

  • Country of Incorporation:

    Singapore

  • Company Address:

    67 Ayer Rajah Crescent, 139950 Singapore

  • KYC:

    Required

  • Restricted Areas:

    Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Canada, Central African Republic, Cote dIvoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Mainland China, Malaysia, Myanmar (Burma), New Zealand, North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States of America (USA), Venezuela, Yemen, Zimbabwe

Team

  • Mo Dong

    Mo Dong

    Co-Founder

  • Junda Liu

    Junda Liu

    Co-Founder

  • Xiaozhou Li

    Xiaozhou Li

    Co-Founder

  • Qingkai Liang

    Qingkai Liang

    Co-Founder

  • Yunjia Dai

    Yunjia Dai

    Core Developer

  • Yan Zhang

    Yan Zhang

    Core Developer

  • Michael Zhou

    Michael Zhou

    Core Developer

  • Zixuan Wang

    Zixuan Wang

    Core Developer

  • Alex Wu

    Alex Wu

    Designer

  • Sirong Li

    Sirong Li

    Marketing & Operations

  • Windy Wang

    Windy Wang

    Marketing & Operations

Advisors

  • Christos Kozyrakis

    Christos Kozyrakis

    Technical Advisor

  • Alan Mishchenko

    Alan Mishchenko

    Technical Advisor

  • Shoucheng Zhang

    Shoucheng Zhang

    Advisor

Initial Offering News