KuCoin Will Support the Buy-Back Plan for MATCH

Dear KuCoin Users,

Due to requirements from the project team, we proceeded with the migration from PLATO to MATCH with a ratio of 10:1 on November 25, 2022, following the snapshots that took place on November 16,2022. The trading service for MATCH subsequently opened on November 28, 2022. We are highly concerned about the feedback that the total supply of MATCH and PLATO largely varies, as reported by users, and have since confirmed this situation as soon as possible. Having communicated with the MATCH team, KuCoin will support the Buy-Back Plan for the users who have attended this migration.

Buy-Back details are as follows:

1. Buy-Back will happen for users who attended the migration from PLATO to MATCH in KuCoin
2. Buy-Back Price: The Project team will Buy-Back MATCH at the price of: 0.0006 per MATCH ( 0.00006 per PLATO)
3. Buy-Back application period: From 13:00:00 on November 30, 2022 (UTC) to 13:00:00 on December 9, 2022 (UTC).
4. Users who will attend this buy-back, please send your MATCH to the following address:

0x17a069f6e16d8155568594e9539b0d8136c8a4ae

Please fill out this form after you transfer your MATCH to the specified address:

Match Token Buy-Back on KuCoin form

We will make the final review with this according to the snapshot data for PLATO migration and proceed to airdrop the corresponding USDT to users after receiving the buyback fund from the MATCH team.

1. The max amount for buy-back should be less or equal to the snapshot amount for PLATO to migrate to MATCH
2. It is up to the users whether to participate or not if the market price of MATCH goes higher than our buy-back price.

Please note:

Only holders who attend the swap from PLATO to MATCH in KuCoin are eligible for the MATCH Buy-Back Plan; otherwise, other forms of participation won't be considered.

Details about MATCH:

MATCH is the token that replaces PLATO at a ratio of 1:10. However, the total amount of PLATO and MATCH is the same at present; both are 10,000,000,000.

MATCH Contract in KuCoin:

Ethereum: https://etherscan.io/token/0x7f78A88d77FA03F3cE4a94b14A0e1abB5eEEEDD7

Tokenomics of MATCH

Total supply: 10,000,000,000
Seed round: 2% - TGE 5%. The rest will be unlocked linearly every month within 20 months.
Private sale: 2% - TGE 5%. The rest will be unlocked linearly every month within 20 months.
Public sale: 0.44%. Unlocked.
Treasury: 20.56% - TGE 2.25%. The rest will be unlocked linearly every month within 36 months.
Technic development: 20% - TGE 2.8%. The rest will be unlocked linearly every month within 36 months.
Ecosystem investment: 10% - TGE 2.8%. The rest will be unlocked linearly every month within 36 months.
DAO: 15% - TGE 1.6%. The rest will be unlocked linearly every month within 36  months.
Marketing & Operation: 30% - TGE 2.8%. The rest will be unlocked linearly every month within 36 months.

For further information, please refer to the following announcements:

KuCoin Will Support the Token Migration of Platofarm (PLATO) to Matching Game (MATCH)

KuCoin Token Migration of Platofarm (PLATO) to MATCH (MATCH) Completed: Deposit Service Now Open

The official explanation from The Project Team

Thank you for your support! 

The KuCoin Team

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