Elrond (ERD) is launching on Binance soon. It is the 5th IEO on the Binance Launchpad in 2019.
Previous projects launched on the Binance launchpad in 2019 gained a lot of attention and increased in value after being launched. I expect nothing less for Elrond even though I think it’s the least good project being launhced in Binance this year (change my mind).
Elrond is a high-throughput, low latency blockchain platform reaching as much as 12.5k transactions per second. Its advantages over the large amount of competition in the blockchain platform niche is that they use a Secure Proof of Stake consensus mechanism and works with sharding nodes.
The team is very strong, advisors are very strong as well. The only reason I’m doubtful is because of the huge amount of competition there is.
Not financial advice, just my own opinion.
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