Introducing Alchemy Coin (ACOIN) on KuCoin LockUP
01/04/2020, 18:00:00
Dear KuCoin Users,
To satisfy the project recommendation requirements of the community users as well as promote and enrich the project ecosystem on KuCoin, we are proud to announce the first KuCoin LockUP project. The Alchemy (ACOIN) LockUP campaign will start on January 6, 2020 (UTC+8). All users will be able to obtain a reserved share of ACOIN by locking up USDT on KuCoin.
There are a total of 6 rounds of LockUP activities taking place over 2 weeks, opening on Monday, Wednesday and Friday of each week. In each round, users are given 24 hours to lock up USDT on KuCoin in order to receive the corresponding ACOIN shares according to the lockup amount.
Project Introduction:
Token Name: Alchemy Coin (ACOIN)
Project Summary:
Alchemy is a decentralized data model training platform based on chain security encryption operation and random forest training algorithm. Blockchain ecosystem nodes transfer transaction decision data back to beacons to realize data extraction, use, right determination and reward. At the same time, random forest algorithms are integrated to realize decentralized decision model construction and training system, and beacons feedback from data samples are used to modify the fitting model. As a result, a decentralized, self-iterative, autonomous incentive system data model training platform is realized.
Official Website: https://alchemy-ai.com/
Whitepaper: Click to view
The rules are as follows:
Participation Qualification: Users who have a registered KuCoin account
Total Allocation: 30,000,000 ACOIN
Total Allocation on Each Round : 5,000,000 ACOIN
Token Supported: USDT
Lockup Period: The lockup period will last 7 days.
How to Participate: Users should withdraw USDT to the specified wallet address on KuCoin.
| Round | LockUP address | LockUP Effective Period (UTC+8) | Hard Cap per Round （Unit: USDT） | Individual Hard Cap （Unit: USDT） |
| 1 | LockUPacoin1 | Jan 6 Mon 22:00:00 - Jan 7 Tue 21:59:59 | 50,000 | 500 |
| 2 | LockUPacoin2 | Jan 8 Wed 22:00:00 - Jan 9 Thu 21:59:59 | 100,000 | 1,000 |
| 3 | LockUPacoin3 | Jan 10 Fri 22:00:00 - Jan 11 Sat 21:59:59 | 150,000 | 1,500 |
| 4 | LockUPacoin4 | Jan 13 Mon 22:00:00 - Jan 14 Tue 21:59:59 | 200,000 | 2,000 |
| 5 | LockUPacoin5 | Jan 15 Wed 22:00:00 - Jan 16 Thu 21:59:59 | 250,000 | 2,500 |
| 6 | LockUPacoin6 | Jan 17 Fri 22:00:00 - Jan 18 Sat 21:59:59 | 250,000 | 2,500 |
*If the withdrawal is successful, it means that you’ve successfully participated in the LockUP activity.
LockUP Limit:
The minimum amount to lock up for each time: 10 USDT
The minimum amount to lock up per person per round: 10 USDT
Unlock Rule: Users are not allowed to unlock USDT in advance.
Return Time: After the lockup period expires, USDT for the LockUP will be returned to the original address.
Note:
- This activity is only available to ensure that users will be able to obtain a reserved share of ACOIN by locking up USDT on KuCoin. The trading services opening date will be announced separately.
- Users need to be registered on KuCoin to join this LockUP activity.
- We will not allow users to use the API function for this activity.
- There is no withdrawal fee when you withdraw your USDT to the specified wallet address.
- The final interpretation of this activity belongs to KuCoin.
Risk warning: ACOIN LockUP is a risk investment channel. Investors should be sensible in their participation and be aware of investment risks. The KuCoin group 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. The KuCoin group reserves the right of final interpretation of the activity.
Thank you for your support and understanding!
The KuCoin Team