Dear User,
We are delighted to announce that the Coinstore Launchpad will upgrade its IEO subscription model. In addition to the existing general subscription model, we are introducing a brand new subscription model: the whitelist subscription. Unlike the previous general subscription model (which allocated tokens based on subscription numbers), it ensures that every participating user will receive the full amount they subscribe to.
Key features of Whitelist Subscription:
- With the whitelist subscription model, the total supply to Coinstore Launchpad will be divided into two models: general subscription and whitelist subscription.
- Whitelist subscription: We will prioritize allocating tokens to whitelist subscription users, distributing IEO tokens based on the amount of USDT invested.
- General subscription: The total allocation for public subscription is based on the total supply to Coinstore Launchpad minus the actual allocation from the whitelist subscription, and is distributed according to the proportion of users' general subscriptions.
- Users can participate in both whitelist subscription and general subscription simultaneously.
About Whitelist Subscription
- To participate in the whitelist subscription, users must receive whitelist tickets before the announcement date of the IEO project. Then, based on the specific IEO project, users can subscribe according to the ticket size.
How to receive the Whitelist Ticket?
- Complete KYC2 one natural day before the IEO project announcement date. (UTC+8)
- Maintain good spot trading behavior on Coinstore:
- We will calculate the number of whitelist tickets available for your current IEO project subscription based on the number of days you traded on designated spot trading pairs on Coinstore over the past 10 natural days, where your daily trading volume equals or exceeds 100 USDT.
- About the past 10 natural days: This refers to the 10 natural days leading up to the announcement date of each IEO project. The day of the IEO project announcement is not included in the calculation.
For example, if IEO project A publishes the announcement on March 12, 2024, the calculation period (past 10 natural days) would be from March 2, 2024, 00:00:00 to March 11, 2024, 23:59:59 (UTC+8).
- About the designated spot trading pairs on Coinstore (19 tickers): BTC, ETH, SOL, BNB, USDC, SHIB, DOGE, BONK, PEPE, ARB, METIS, TOPR, BFT, UMT, SOIT, CNT, POMB, INVT, AHA.
- The number of Spot Trading days and corresponding whitelist tickets:
- If trading volume exceeds 100 USDT every day for 10 consecutive days, you will receive 5 whitelist tickets (maximum allocation).
- If trading volume exceeds 100 USDT for 4-9 days out of the past 10 days, and does not meet the requirement on other days, you will receive 2 whitelist tickets.
- If trading volume exceeds 100 USDT for 1-3 days out of the past 10 days, and does not meet the requirement on other days, you will receive 1 whitelist ticket.
Note:
- Users from the following regions will be restricted from participating in this activity.
Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Myanmar, Mainland China, Democratic Republic of the Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Trinidad and Tobago Tunisia, Uganda, Ukraine, Venezuela, Yemen, Zimbabwe, North Korea, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.
- Each user has a maximum allocation of 5 whitelist tickets. Each whitelist ticket size has a fixed subscription cap, and the allocation of IEO tokens is equivalent to the USDT subscribed.
- Coinstore reserves the right to final interpretation of this event. If you have any questions, please contact our customer service.
Coinstore Team
13th March, 2024