Dear KuCoin Users,
KuCoin will be launching the 22nd Spotlight token sale with Pikaster (MLS) on May 18, 2022 (UTC). The MLS token sale will operate using the proportional distribution model.
Spotlight Token Sale Details: (Subscribe Now)
How to Participate
Participants must have an average KCS holding of at least 100 KCS, where their final allocation of the new token is determined by the portion of their average daily KCS holdings against the total average daily 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.
However, to let more new KCS holders enjoy the 22nd Spotlight, KuCoin will launch a whitelist campaign to exempt the minimum KCS holdings requirement.
KCS holdings | Hard Cap Per User |
< 100 KCS (whitelist required) | 150 USD (1,250 MLS) |
>= 100 KCS |
*Hard Cap: The max number of tokens you will receive.
The Shares of Qualified Users Will Receive:
(User’s KCS holdings / Total KCS holdings of all participants) * Total Spotlight Allocation (1,500,000 MLS)
Exclusive Bonus for 22nd Spotlight!
Bonus1: Each whitelist will be given one Pikaster NFT FREE to use for one month!
Bonus 2 (IGO users only): Users who had successfully purchased Pikaster Genesis Mystery Egg in KuCoin 1st IGO will enjoy a bonus coefficient, where their final KCS holdings will be multiplied by 2.
e.g. Alice has purchased one Pikaster Genesis Mystery Egg in the 1st KuCoin IGO. Assume that she holds 100 KCS during the snapshot period and has successfully participated in the 22nd Spotlight. Alice’s final KCS holdings will be counted as:
100 KCS * 2 = 200 KCS
Daily KCS Holdings:
From 16:00:00 on May 19, 2022 to 16:00:00 on May 21, 2022 (UTC), KuCoin will be randomly taking a snapshot of each user's KCS holdings on that day (3 snapshots in total). From the snapshot, each user’s daily KCS holdings will be determined. Only users who have a KCS holding equal to or greater than 0.1 KCS from the snapshot and click ‘Participate Now’ during the subscription period will be qualified for the 22nd Spotlight.
*Sub-accounts can’t participate in the token sale as independent accounts. 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 KuCoin Earn staking programs for KCS (locked assets):
Spotlight Token Sale Timeline:
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.
Official Website: https://www.pikaster.com
Twitter: https://twitter.com/PikasterNFT
Telegram: https://t.me/Pikasterofficialchat
Discord: https://discord.gg/bZ5EkEN9Z2
Watch the Pikaster video on KuCoin YouTube Channel: https://youtu.be/E7Loz_RhxcM
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
This activity is not related to Apple Inc.
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