KuCoinwillbelaunchingthe23rdSpotlighttokensalewithFractonProtocol(FT)onAugust9,2022(UTC).TheFTtokensalewilloperateusingtheproportionaldistributionmodel.
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SpotlightTokenSaleDetails:(SubscribeNow)
TokenName:FractonProtocol(FT)SpotlightHardCap:600,000USDSpotlightAllocation:3,000,000FTSpotlightTokenSalePrice:1FT=0.2USDTTokenSupported:KuCoinToken(KCS)OnlyPriceRatio:TheactualpriceratioofKCSwillbeannouncedonthedayoftheTokenSaleTokenSaleFormat:ProportionalDistributionModel(PDM)SpotlightTokenDistribution:50%willbeunlockedatTGE.Theremaining50%willbeonmonthlylinearvestingfor2months.TotalTokenSupply:100,000,000FTInitialCirculatingSupply:2,490,000FTFractonProtocolWebsite:https://www.fracton.cool/HowtoParticipate
ParticipantsmusthaveanaverageKCSholdingofatleast100KCS,wheretheirfinalallocationofthenewtokenisdeterminedbytheportionoftheiraveragedailyKCSholdingsagainstthetotalaveragedailyKCSholdingsbyallparticipatingusers.Toensureafairallocationforallparticipants,therewillbeasethardcapforthetokenallocationperuser.
However,toletmorenewKCSholdersenjoythe23rdSpotlight,KuCoinwilllaunchawhitelistcampaigntoexempttheminimumKCSholdingsrequirement.
TokenSaleSubscriptionStartTime:12:00:00onAugust9,2022(UTC)TokenSaleSubscriptionEndTime:00:00:00onAugust11,2022(UTC)Toensureafairallocationforallparticipants,therewillbeahardcapforthetokenallocationperuser.
KCSHoldingHardCapPerUser<100KCS(whitelistrequired)200USD(1,000FT)>=100KCS
*HardCap:Themaxnumberoftokensyouwillreceive
TheSharesofQualifiedUsersWillReceive:
(User’sKCSholding/TotalKCSholdingofallparticipants)*TotalSpotlightAllocation(3,000,000FT)
ExclusiveBonusfor23rdSpotlight!
FromAugust9,2022toAugust11,2022,userswithanaverageholdingofmorethan2,000HIBAYCor2,000HIPUNKSwillenjoyaKCSholdingcoefficient,wheretheirfinalKCSholdingwillbemultipliedby2.
e.g.Alicehasanaverageamountof3,000HIBAYC,assumingthatsheholds100KCSduringthesnapshotperiodandhassuccessfullyparticipatedinthe23rdSpotlight.Alice’sfinalKCSholdingswillbecountedas:100KCS*2=200KCS.
*Duringtheperiod,KuCoinwilltakeasnapshotofeachsubscriber’sHIBAYCorHIPUNKSbalanceeachdayat16:00(UTC).
DailyKCSHoldings:
From12:00:00onAugust9,2022to00:00:00onAugust11,2022(UTC),KuCoinwillrandomlytakeasnapshotofeachuser'sKCSholdings(fordetailedcalculationrules,clickhere)onthatday(2snapshotsintotal).Fromthesnapshot,eachuser’sdailyKCSholdingswillbedetermined.
*Sub-accountscan’tparticipateinthetokensaleasindependentaccounts.However,theKCSholdingsintheSub-accountswillbecombinedintotheMasteraccountforthecalculationoftheAverageDailyKCSBalance.
SpotlightTokenSaleTimeline:
At12:00:00onAugust9,2022(UTC),KuCoinwilllaunchtheSpotlightTokenSaleandopenthesubscriptionforFT.At00:00:00onAugust11,2022(UTC),KuCoinwillendthisroundoftokensaleregistrations,countingthesharesofallsuccessfullyregisteredparticipants.From08:00:00to09:00:00onAugust11,2022(UTC),KuCoinwilldeductthecorrespondingamountofKCSinthequalifieduser‘TradingAccount’anddistributethecorrespondingamountofFT.Wehighlyencourageyoutohaveatleast30KCSinyourTradingAccountonAugust11,2022.Ifthedeductionissuccessful,theFTwillbedistributedimmediatelytoyourMainAccount;otherwise,youreligibilitytopurchaseintheSpotlightwillbelost.Toparticipateinthetokensale,yourKuCoinaccountneedstomeetthefollowingcriteria:
CompleteKYC2(AdvancedVerification)before00:00:00onAugust11,2022(UTC).IfyoufailtopassKYC2,youwillnotbeeligibleforthetokensalesubscription.Thefollowingcountries/areasarenotsupportedforthepurchase:Belarus,MainlandChina,theDemocraticRepublicofCongo,theUnitedStatesofAmerica,Canada,Japan,Cuba,Iran,NorthKorea,Sudan,Syria,Venezuela,andCrimea.PurchaseAgreementSigned.Aftercompletingthestepsabove,makesuretoclickthe‘ParticipateNow’buttonontheSpotlightpage.Note:TheabovestepscanbecompletedontheSpotlightpagebeforethestarttimeoftheTokenSale.
WhatisFractonProtocol(FT)?
Fractontoken(FT)holdersplayakeyroleinshapingFractonProtocol’sfuturepermissionlessbyproposalsandvotesgovernance.FractonProtocolreleasesthefinancialattributesfromNFTcollectiblesbyfractionalizingNFTandenhancingtheliquidityoftheNFTmarket.
FractonProtocolconsidersliquidityasanessentialkeyforbothdecentralizedexchangesandcentralizedexchanges,soFractonisaimingtobuildaliquidmarketandbecomeasolidfinancialinfrastructureofNFTecosystem.Thethingis,designingtofitfinanciallogicisvitalaswellasthetechnicalutilityandscalability.
Website:https://www.fracton.cool/
Twitter:https://twitter.com/FractonProtocol
Telegram:http://t.me/fractonprotocol
Discord:https://discord.com/invite/GzV8cx8QyZ
Medium:https://medium.com/@FractonProtocol
RiskWarning:Spotlightisahigh-riskinvestmentchannel.Investorsshouldbesensibleintheirparticipationandbeawareofinvestmentrisks.KuCoinisnotliableforusers’investmentgainsorlosses.Theinformationweprovideisforuserstoconducttheirownresearch.Itisnotinvestmentadvice.KuCoinreservestherightoffinalinterpretationoftheactivity.
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