Binance through its Launchpad will carry token sale in a lottery and airdrop format. Its launchpad announced support for the eighth consecutive project this year – Perlin. It is a startup based in Singapore for a new blockchain protocol project. This announcement was made on the official twitter account. Perlin focuses on developing Wavelet that is a distributed ledger that is entirely built upon Proof-of-Stake consensus mechanism. Wavelet is oriented towards providing the fastest public blockchain.