Dear KuCoin Users,
KuCoin will be launching the 16th Spotlight token sale with Victoria VR (VR) on November 29, 2021 (UTC). The new round of the VR token sale will operate using the proportional distribution model.
Spotlight Token Sale Details: (Subscribe Now)
How to Participate
Participants must have KCS holdings of at least 100 KCS, where their final allocation of the new token is determined by the portion of their KCS holdings against the total KCS holdings by all participating users. To ensure a fair allocation for all participants, there will be a set hard cap for the token allocation per user.
Minimum KCS holdings for eligibility | Hard Cap Per User |
100 KCS | 300 USDT (101,694.91 VR) |
*Hard Cap: The max number of tokens your will receive
The Shares You Will Receive:
(User’s KCS holdings / Total KCS holdings of all participants) * Total Spotlight Allocation (101,694,915 VR)
KCS Holdings
From 16:00:00 on November 29, 2021 to 16:00:00 on December 1, 2021 (UTC), KuCoin will take a snapshot of each users’ KCS holdings each day at 16:00 (UTC). From these daily snapshots, each user’s KCS Holdings (the average from the 3 holding snapshots) will be determined.
*Sub-accounts can’t participate in the token sale as an independent account. However, the KCS holdings in the Sub-accounts will be combined into the Master account for the calculation of the Average Daily KCS Balance.
Daily KCS Holding Calculation Rules:
Ongoing Pool-X staking programs for KCS (locked assets):
Spotlight Token Sale Timeline:
Please note that the amount of VR shares you will receive is based on your average daily KCS holdings.
To participate in the token sale, your KuCoin account needs to meet the following criteria:
Note: The above steps can be completed on the Spotlight page before the start time of the Token Sale.
Victoria VR (VR): IMMERSE YOURSELF. Dive into The World’s First Realistic Metaverse.
Victoria VR is the first blockchain-based MMORPG in virtual reality with realistic graphics built on the Unreal Engine, created and owned by its users. Victoria VR aims to create a new Metaverse of multi-dimensional interactions where users will be able to immerse themselves interactively with never-ending digital content.The whole world is built to be a universal platform for all virtual realities, games, and decentralized applications, collectively creating a Metaverse — a shared virtual realm, the 3D internet. The Victoria VR Metaverse will be where people go to work, rest, learn, play and eventually live.
Official Website: https://victoriavr.com
Join the Community: https://t.me/victoriavrgroup
Twitter: https://twitter.com/VictoriaVRcom
Medium: https://victoria-vr.medium.com
Know More About Victoria VR (VR)
Risk Warning: Spotlight is a high-risk investment channel. Investors should be sensible in their participation and be aware of investment risks. KuCoin is not liable for users’ investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice. KuCoin reserves the right of final interpretation of the activity.
Thanks for your support!
The KuCoin Team
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