Exciting Opportunity to Participate in KuCoin’s 28th Spotlight IEO
KuCoin is thrilled to announce its 28th Spotlight Initial Exchange Offering (IEO) with Liquidswap, a leading Automated Market Maker (AMM) on Move, powered by Pontem Network. Liquidswap has emerged as a dominant player on Aptos, boasting the highest market share in trading volume and users. Developed by Pontem and supported by prestigious venture capital firms like Lightspeed, Faction, and Pantera, Liquidswap utilizes the unique Move language to provide exceptional performance and speed for peer-to-peer digital asset trading.
Details of the Token Sale
- The Spotlight token sale will have a hard cap of 300,000 USDT, with a total allocation of 420,000 LSD tokens.
- There will be 3,000 winning tickets, with each granting an allocation of 140 LSD at a sale price of 0.7142 USDT per token.
- The sale will follow a Hold & Gain lottery ticket format, with 40% of tokens unlocked at the Token Generation Event (TGE) and the remaining 60% vesting monthly over three months.
Participation Timeline
- Participants can join from 10:00 AM on July 24, 2024, to 16:00 PM on July 27, 2024 (UTC).
- KuCoin will take hourly snapshots of users’ USDT and KCS balances during this period to determine ticket allocation.
- Tickets will be announced on July 28, 2024, with the lottery draw results revealed on July 29, 2024.
- Token distribution will take place between 08:00 and 11:00 on July 30, 2024 (UTC).
KuCoin’s Commitment
This IEO reaffirms KuCoin’s dedication to bringing innovative and high-potential projects to its global community, offering users access to early-stage investment opportunities with significant potential rewards.
About KuCoin
Launched in September 2017, KuCoin is a user-centric platform and a prominent cryptocurrency exchange with operational headquarters in Seychelles. It focuses on inclusivity and community engagement, providing over 900 digital assets across various trading options to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top six crypto exchanges globally.
Hot Take
Don’t miss this exciting opportunity to participate in KuCoin’s 28th Spotlight IEO with Liquidswap. Take advantage of this chance to engage in early-stage investment opportunities and potentially reap significant rewards. Join KuCoin’s global community in exploring innovative projects and advancing the world of cryptocurrency trading!
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