On May 11, Binance revealed information about its next project on Binance Launchpad, which will be Harmony Protocol.
Introducing the @harmonyprotocoltoken sale on #Binance Launchpad. #Harmony is an innovative high-throughput, low-latency, and low-fee consensus platform.
Further details of the sale & metrics will be released on May 15th, with an improved & more condensed lottery schedule. pic.twitter.com/zeaHAyWMFM
— Binance (@binance) May 11, 2019
"Harmony – innovative consensus platform with high throughput, ultra-low latency and low fees,” – written in the tweet.
Essentially, Harmony – it's openinfrastructure that aims to scale the blockchain to 10M transactions per second and 100 millisecond latency for 10B users in the future. Harmony creates a high-performance consensus platform that will enable a decentralized economy for everyone.
More information about the upcoming IEO will be published May 15.