Bitcoin Forum

Binance just announced via Twitter that they will be conducting a tokensale for Harmony. This project aims to be an open consensus platform for 10 billions people (there are around around 7,7 billions people in this world) 😂

https://twitter.com/binance/status/1127234485416685568?s=19

What do you think about this project? How useful this project in the future?

Where did they get the rest 2.3 billion people? I guess they are counting the alien too  ;D
I didn't read the project much though, since the market condition has improved, it will be a better idea to invest in legit ICO, IEO. For some instant profit, it will be good to invest in harmony.

No, it means this project aims to be something useful for a very long term. Their goal is deliver scalability for decentralize platform. I personally don't know much about this project but since I'm one of Binance supporters, I'm interested to learn about this one and maybe will buy some tokens (after clearly understand the project)

Get an opportunity to conduct a tokensale on Binance Launchpad is something great for that project.

The project looks good but in the end it all depends on the peoduct development and the use cases i wish harmony protocol all the best for the project at the same time we need to be a little careful regarding IEOs as market seems to be turning parabolic so it may turn out to be better to hold btc and eth than investing in new coins.

I have actually been following the project since last year and I think it's a project worth checking out though this is trustless space and everyone will need to do his own personal research about it because a project that seems legit today might turn out to be scam tomorrow.

I already knew about this project, but I didn't really explore how this project would be useful going forward. And I also just learned that Binance's future notebook is the Harmony project. When viewed, this project aims to scale the blockchain transaction to 10 million transactions / second and 100 millisecond latency. Of course this project is very extraordinary, and if you want to invest in the IEO it might have to do DYOR first.

I have been following this project for a while. It's a good one but I don't really like this news, infact bounty hunters will feel so bad with this news.. Hahahaha.. Binance launchpad is what everybody is interested in now.

Very surprise that harmony was the project they went for, I try to understand the project but do not make sense to me, I don't see how the platform is going to make money, because this should be the goal of any project and we will likely start seeing project fail this year because they have no way to generate revenue

Why do you think that bounty hunters will be feeling so bad? isn't that great for most of you that's following and joined their bounty because it's recognized and it's on Binance?

They are probably aiming for the future if they plan for 10billion people  ;D

Where did you find this 10bn people information? Do you have a source? There is not much info on twitter.

I think harmony is a good project because this project has been around since last year and also the concepts he offers are not mainstream and I really like the Transport Network because it supports 5G Mobile which is now being developed in several countries, and the Consensus Protocol, which seems very useful for the future and I would bet this project will definitely get hardcap at Binance Launchpad in a few days

Interesting project i tried to do research about it but i all i can get is that it will provide scalability solutions through sharding and other processes, i hope they will also develop their own blockchain network with full dapp and smat contract ecosystem, obviously it is able to list its ico on binance launchpad so surely it will raise funds quickly but they should prove themselve by coming up with extraordinary developments due to extreme competition in the market.

I am pleased with this announcement. I hope this project will be successful. I think that Binance did not just choose Harmony for nothing. The development of sharding is very important now.

i don't care if they have good project or not because im going to sold it in the day of listing
CELER and FET was shit coins but if u bought them with ICO price and u sold at the day of
listing u will get x3 or even x4 profit don't hold binance ICO's just sold them directly after the listing

I didnt able to find it too when i do try to seek that 10B people thing.


Usually these launches doesnt have much bounty thing compared to ICO's maybe that what he meant.

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I didnt tend to check out that Tokensale yet ive been still eyeing or keeping updates on the recent hack.So i will just pass for now.

Be careful, tokens bought on this platform are hyped and price is growing only first days after exchange listing, after that big corretion happen, when people realized that they pumped a coin which is still in development, in phase of promising.  :)

Still, they can take profit if know when to sell. But, what the more important is about the idea, team, and development. Do you think scam projects can pass Binance verification proccess?

I participate in their bounty, no problem, do everything professionally. In my opinion, it's a very interesting project, let's see what will be the conditions at the launchpad.

Okay so that's why he said that many bounty hunters will have that bad feeling. The budget for bounty will go to the fee that they had for Binance. They have an active bounty right now right?
That's what actually happens, during the early phase it's good as new but when investors go in a batch and starts dumping it, let's see if it will be still on the line.

Meh, every ieo on binance has basically just been a gas war.
The last one sold out in what, a couple minutes or something?

But a related topic is: are icos and ieos once again easy flips?
It looks like it might be getting there again.
With enough hype and trading volume, the days of flipping an ico for easy 3x to 5x gain migh be back.

As far as investing in an ieo or ico for long term profit.
I think people tend to overlook simple math.
Yes, 1000% profit is wonderful ifyou hodl it that long to get that profit.
But if you only put like a $1000 or less into something, its still not going to make you anywhere close to a millionare.

I don't know much about this Harmony project but am sure Binance would have done a thorough background check on it before deciding to host IEO for them on their platform. As for me, I will invest some $$ into it and see how things will turn out.

I think that many people do not care what benefit this project will bring, everyone wants to buy tokens at the IEO stage and immediately sell them at a profit)

The harmony project has been around for a while, though haven't gone through the details to understand the concept behind its development but I believe that Binance must have done their homework before trying to list such and I trust their judgment. I think this will attract more bounty hunters as the bounty is still on

Very interesting to know, however I do not know if this could be a good or bad one for Binance only time will tell. But this will obviously attract a lot of investors to the coin. My only wish is that exchanges should screen properly before they allow their launch on exchanges and find a way to protect investors from losing due to huge crash after IEO by controlling deposit amount by individuals, developers and private investors

I think this project is worth studying. If they can afford the listing on the stock exchange Binance, they project that means something. But the most important thing is to monitor the work of the team and the results it achieves.

If the project owners counted the project tokens for 10 billion people then it will take a long time to reach that goal. Binance will take advantage with this new IEO for clearing the bad rumours about the exchange after the hack.

I came across its bounty program few weeks ago and I ignored it. Maybe I will give it another glance and have my own diggings. IEO on binance already says a lot.

I've been following harmony for quite a time and they seem to be a great project. Though you can never be sure of the financial and technical success, yet the way they have came forward with the team, advertising and presentation makes it feel like something of premium quality.
With binance launchpad, they'd successfully collect their hard cap.

And after couple of days of trading, you can see the trend is in downward position. Though Binance can market this easily but still, investing in IEOs is a very high risk investment. You need to be ready for whatever consequences might occur after investing your money. As long as you are in profit, I don't see anything wrong selling early of your tokens.

I am sure of the project itself but I can guess that this will sell-out in a couple of seconds, the market is very bullish and binance launchpad has been very successful in the past. We are above 210 B marketcap, the space is getting flooded with dumb cash.

for me getting a place to be promoted by binance is a worthy project to invest in it.
of course binance has first studied this project before accepting the project, so choose your choice ...

If this Harmomy was stick on Binance' name, I mean Binance persinally announced its tokensale then expect that it will have a high chance of good sales and receive nice feedback from the community. I think these are their big advantages against new platforms emerging out there. However, I sense that most of its supporters are just shilling, generating hype to increase its price but in the end they left it behind once already get profits after they sell (like the usual pumping and dumping).

1. I am interested when Harmony partner is QTUM.  we know that QTUM is good coin.  and have a professional team. 
2. Harmony also covers everyone who is enthusiastic in the game world.  because we know that public enthusiasm for gaming based blockchain is very high. 
3. Binance is a big market.  my experience is that the first exchange determines the quality of the coin in the future.

Again, new IEO. Launch every month. Dev printing money every month and exchange got money every month.
Can you please explain what the project for real in IEO/ICO?
You can check anothers launched IEO project like BTT,MATIC,FET, and anothers

It is interesting to follow but what I am worried is the reputation of Binance, I am pretty sure that investors will be affected because of what happened earlier.

If the launch will work there is a big chance that it will be very useful in the future knowing that it has low latency, low fee consensus and high throughput  in it's platform. I have no exact amount about our population but I am sure that we are billions already, so let's just observe how this project will end.

Only looks good on paper and appearance, We really dont know what its going to do on after their IEO. Lots of projects looks good but after years, they fail and disappear.

I have heard about harmony projects. Have a good vision and good technology. But I, I think the IEO is just pumping and dumping, Just first project can keep demand.

Knowing Binance as one of the biggest cryptocurrency exchange in the world, it's no luck that it's going to continue launching IEO's in their exchange and it would definitely a launch to a specific coin with that. As that being said, it's going to be a big recovery if they have lost 7000+ BTC and it's good that there is a SAFU in place to protect the people's funds. If not, I doubt people would be still there, but it's a big exchange still.

I suppose it will be the first fail for Binnance IEO :-\
not much trust to it now, the project isn`t a real breakthrough and market situation is good to invest in already working teams

What makes you think this? I think at this time Binance is the most successful exchange of IEO in this market and the projects listed here always have more than 200% profit from the first day of trading. Personally, I will continue to participate in the IEO and this will be my preferred choice in this discount market so don't worry and buy immediately BNB because the value of this coin is increasing very well in today

There's too much shilling for this project and I tend to move away just because of that. I'll just observe how the project does after all the shills are gone and real work starts. Best of luck to all who will participate.

When I first saw the project, to tell you honestly I was not impressed that much because I assumed it would be just another "dreamy" type of a project. Later on when someone pointed out to me the details and the team I realized that Harmony can be a good project. Many of their team members are coming from Silicon Valley with many good years of experience and the project slowly evolved through the years. Of course, there is no guarantee that this can be successful and can gain enough traction in the market but at least I am seeing a good chance that it will. Doing the crowdsale in the Binance Launchpad can mean something on its integrity and potential so good luck to its many supporters and token buyers.

I sort of agree. I would be strange for Binance not to have an ICO that makes it's investors 3-4x, but at the same time, it would be stranger for an exchange that just got hacked to have investors still as interested in it's IEOs. Binance trust is at an all time low at the moment, the project would be better moving to another launchpad in my opinion.

Buying binance ieo was sure profit back then but that belief has lost with latest ieo.

I wonder how will it happen after this.

Hopefully this won't be like $FET it's best to try to get in IEO during launchpad before it got listed on an exchange,  lots of the IEO on Binance are now below the initial token sale IEO price

I participated in the Harmony project, their team was very transparent, read the latest articles on their medium, it was truly a great achievement to join Binance launchpad

What ? i thought there will be no ICO or IEO in Harmony project, because they stated in their thread.
If Binance will really launch the IEO in their exchange, then it must be a good project to join.
Im gonna take a look and do my own research about the project.

Exchange BINANS tries at max to catch the cat's hots luck,so to speak,maximum hypnoti that is possible,as it is now in the ascent goes on,and many believe in this exchange,but as mentioned earlier, the future for decentralized applications and programs,not centralized!

Harmony team have made the right choice by choosing to lunch they token sale on binance launchpad since IEO is the order of the day and binance haven achieved success in the launch of it own binance coin. We will be looking forward to the 15th of may as the date for the take off of the token sale.

I was surprised when the harmony project entered the binary launchpad, what I thought about the harmony project was to build an infrastructure based on infrastructure, if seen from the future this project might be included in the government to help

Such token sales from well know exchanges are hardly to participate, especially for small investors. I will wait to see things become more stable. For now, they should enjoy their weekend time and forget about Bitcoin as well as Binance or whatever with higher fees.

yes, i think you are right, maybe sharding is the main reason from binance to launch an IEO for harmony projecct
if i'm not wrong this year sharding become new trends in crypto world ;)
regards

oh great i see this project being promoted by my friends, i would certainly buy a little portion of this one, i know that this is a risk decision for me, but everything is a risk, because they said that this is the best project so far.

I love this, it shows they are limited or broken by the challenge they had. This also shows how strong Binance is in this trying time, which will soon pass.
About the project they aim to promote, from my little research on Harmony I think their concept is cool (not a financial advice)

People do not want to lose their Binance IEOs which are the only place of gain. There was a hacking event, but we can think it was already forgotten. On the contrary, last price increase will stimulate the IEOs.

It seems like they have big plans with this projects and their goal is to keep it alive for a very long time since their target of audience is 10 billion people. Right now there probably are a few dozen millions of people using cryptocurrencies so they definitely thought about this way into the future. It's always good to have big goals but this is not even achievable right now since there are only 7 billion people living on earth and probably 10-20% of them don't even have acces to internet or don't know how to use it so that number goes down to half of their target.

But this project will be launchpad from Binance you can't imagine ton people try to buy from IEO but token will be sell with few minutes.
Binance previous launchpad CELER Network huge investors can't buy. So i don't think Harmony project will be fail IEO in Binance.

Exactly how you have said it, I don't think this is the first time we are seeing project developers coming up with massive idea that could bring mass adoption in the blockchain space if worked on, but the team behind this project at some point abandon for no reason whatsoever, maybe because they have raised enough funds for themselves which was really their initial plan in the first place and not to provide any service to anyone, I believe this people are totally against the blockchain and want to do everything possible to make it fall.

If Binance promotes something like this, then we should pay attention to it. I think that this is a good project, but it is not yet clear whether it will be successful.

Projects like these often overstate their vision. 10 million transactions per second for 10 billion people, I think we won't need those numbers for the next hundred years

we can only see how it will develop in the future. now you can say that, but we don't know what the future developments are, and how the interests of investors related to the market project are now just developing.

I just overlooked this project when it came for bounty campaigns. I somewhat regret it now. I havent gone through the project details, but if Binance has announced its token sale on their platform, means there is some potential in this project. There are certainly some norms or criteria for any project to have their tokensale on Binance. Also, atleast some responsibility will be there for Binance to keep confidence of its users.With around huge user database of around 313,000 users, this project will defenetely grab more funds for sure.

I think Harmony Protocol is a good project, so happy to see IEO of the project on Binance Launchpad.

Binance name at stake, after that hacked issue this exchange needs to step up again, this new Token for their launchpad needs to be well assess, if the team able to be partner with binance they've got a good chance to bring investors to join in and place their money for this investment opportunities, it will be now on the hands of the developers after.

Binance is right now the biggest exchange available for cryptocurrencies and obviously they are not going to accept any new coin to be added to their token sale list because they want to be careful about their reputation. Of course, if a project is launched on Binance platform this doesn't mean it will 100% be successful in the future because that's going to depend only on the team behind that project.

Reminiscent, the IEO will start May 15 and I'm sure everyone won't miss this moment
I feel proud to have joined and contributed to the Harmony project

Are there any bounty campaign running on harmony. Being the participant of the bounty gives the assurance of making the rewards into trading at the earliest as the IEO is scheduled for tomorrow. If it is with ICO the trading access gets delayed. Making an investment by now will give with the assurance of some profit as the market is bull trend.

These projects are much benefited projects for investors and traders as they buy it and start trading with it after the token sale inside the exchange which is a better way. These are the most protective projects especially the IEOs and safe to get start with. Binance is doing very well as they launched these alternatives to ICOs because ICOs were not much safer as compared to the newly launched offerings.