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News and updates from the world’s leading cryptocurrency exchange
May 16
2019
Binance Launchpad Announces ‘Harmony’ as Next Project

Binance Launchpad--the exclusive token launch platform for transformative blockchain projects of global cryptocurrency exchange Binance--today announced support for its fifth project of the year, Harmony, a fully scalable and secure blockchain. Harmony’s testnet is operational and fully open source since January 2019 with key innovations in state sharding and peer-to-peer networking. Harmony’s token sale will follow a lottery format and begin on May 28, 2019 at 06:00 AM UTC.

“Scaling is still one of the key problems of the blockchain industry, which we as an industry should aim to solve in the most effective way possible,” said Binance CEO and Founder, CZ (Changpeng Zhao). “The ambitious team behind the Harmony project proposes to solve this problem using sharding to parallelize transaction processing. I believe the team’s commitment to opening up blockchain technologies for billions of people will allow them to make a significant contribution to addressing the issue of scaling.”

Harmony helps businesses tokenize their assets and incentivize user engagement. Harmony also creates an open economy for data sharing. Businesses take years to form data consortia such as ad exchanges and credit ratings. Harmony partners include Animoca (with game assets like Garfield), Contentos (a content platform with 60M monthly users) and Timeless (a calendar-based service marketplace) validate its value as a platform.

“Harmony's mission is to scale trust for billions of people and create a radically fair economy," said Harmony CEO, Stephen Tse. "Binance will bring our fast and secure blockchain for data sharing to business while preserving the consumer’s privacy.”

As part of Binance’s active service and mission to help the industry create a more sustainable blockchain ecosystem, Binance Launchpad continues to support and introduce global infrastructure blockchain projects to the community, helping to scale up technologies and speed up mass adoption.

Learn more about Harmony in Binance Research's in-depth report here:https://info.binance.com/en/research/ONE-2019-05-14.html

To learn more about Binance Launchpad and pre-registration information for Harmony, visit https://binance.zendesk.com/hc/en-us/articles/360028476111

Stay tuned for the latest updates via Harmony’s official Telegram: https://t.me/harmony_one and Twitter: https://twitter.com/harmonyprotocol

About Harmony

Harmony is a fast and secure blockchain with key innovations in state sharding (secure staking & resharding with decentralized randomness) and in peer-to-peer networking (optimal cross-shard routing, fast block propagation). We are a 12-person team with 7 engineers from Google, Apple and Amazon and 2 PhDs in Silicon Valley. For more information, visit: https://harmony.one/

About Binance Launchpad

Binance Launchpad is the exclusive token launch platform for entrepreneurs to bring the most transformative crypto projects to life, with the help of Binance users around the world. Projects accepted to launch on Binance Launchpad will have greater access to resources and support from across the Binance ecosystem.

About Binance

Binance is a blockchain ecosystem comprised of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet and Charity. Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance is the largest crypto exchange by trade volume and one of the fastest in the world. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike. For more information, visit: https://www.binance.com