Everything You Need to Know About KuCoin Spotlight

2022/11/14 19:26:39

Over the 14-year history of the crypto world, numerous crypto gems emerged and proved their success by bringing large gains to earlier investors. As the top 1 altcoin exchange, KuCoin is the best place to find the next crypto gems. Its exclusive token launch platform KuCoin Spotlight is named the home of crypto gems that raise funds for potential early-stage projects and distributes these projects’ new tokens to users.

This blog article will tell you everything about KuCoin Spotlight.

What Is KuCoin Spotlight?

Spotlight is a KuCoin token launch platform that serves early-stage crypto projects and initial token distribution to provide users with the opportunity to participate in the early investment of preferred projects to gain considerable incomes with low thresholds.

As the top 1 altcoin exchange, KuCoin Spotlight has strict screening criteria to ensure that the listed projects and their native tokens are high quality.

First, the KuCoin Research Team consists of 20+ experts who are responsible for the overall selection process from candidates to the final listed tokens. The whole process will involve 3 independent teams and 4 levels of reviews. Second, we will evaluate candidates from nearly 100 perspectives under 6 categories; project background, technical level, team members, financial status, marketing capability, and external review. Less than 10% of the candidates will pass the selection and will be listed on KuCoin Spotlight. To sum up, Spotlight ensures a higher quality of listed tokens through a strict selection process.

In addition to providing more promising crypto assets for investors, Spotlight supports early-stage crypto projects in crowd-funding, marketing exposure, as well as industrial influence for further development.

As the home of the crypto gems, KuCoin has launched 24 Spotlight projects as of April 2023. Here are the top 15 best performing projects as followed:

The Most Popular Spotlight Projects

Victoria VR (VR)

Victoria VR is an online metaverse, a massively multiplayer online role-playing game (MMORPG) with realistic graphics on an unrealistic engine powered by blockchain technology.

Victoria VR turns the world into a universal platform and an NFT paradise where you can experience travel, education, gaming, rest, entertainment, commerce, and eventually live. Users use the VR token to buy all the ecosystem’s virtual items: land, resources, tickets, and NFTs. Following its launch on KuCoin Spotlight, the token’s price increased by 212x.

Cryowar (CWAR)

Cryowar is a blockchain-based multiplayer NFT game that is being developed for PC, iOS, and Android using Unreal Engine 4 and the Solana network. It takes the form of a real-time cross-platform multiplayer PVP arena where players engage in fierce multi-realm battles in an expansive Sci-Fi Medieval game world.

The CWAR token is the utility token of the CRYOWAR game platform as well as the wider ecosystem. CWAR is used for buying and selling Cryowar NFTs, staking to receive stability rewards and CWAR token holders will have a higher chance to receive skin/item loot drops. Following its launch on KuCoin Spotlight, the tokens surged 169x.

Chumbi Valley (CHMB)

Chumbi Valley is an enchanting blockchain role-playing game built on BSC and Polygon. Chumbi is charming NFT creatures who live in a lush, mysterious forest valley. Chumbi is open to everyone and you can be paired with a Chumbi ancestor to start your adventure. Additional rewards can be earned by assisting your Chumbi in maintaining a farm and growing crops. You can use in-game resources to develop NFT items and even earn while offline using Chumbi automation spells.

CHMB is the Chumbi Valley's principal token and it will eventually become deflationary, and players/holders will be urged to hold, resulting in a natural price increase. When it got listed on KuCoin Spotlight, CHMB made the highest performance with 129x.

ClearDAO (CLH)

ClearDAO is KuCoin’s 18th spotlight project and it has taken on a lead role in the market for DeFi derivatives. ClearDAO is tackling the DeFi derivatives space by building the infrastructure for customizable derivatives.

CLH is the ClearDAO token, and it is geared towards governance, enabling holders to vote on proposals and submit recommendations. The SDK of clearDAO is the eminent product of the ecosystem and when the roadmap is fulfilled, members will be able to proffer pathways to enhance or expand it. CLH surged 73x when it was listed on KuCoin Spotlight.

Polkadex (PDEX)

Polkadex is a fully decentralized, peer to peer, orderbook-based cryptocurrency exchange for the DeFi ecosystem in Substrate. It is built as a parachain of Polkadot, offering crypto-crypto and crypto-fiat assets trading.

It aims to solve the issues of traditional DEXs by combining the speed and convenience of centralized exchanges while offering the security of a decentralized design. PDEX is the main token in the Polkadex ecosystem. Holders of PDEX will get access to some great features, including feeless transactions with verifiability, opportunities for high-frequency trading, trading bots and other unique features. Since the token launching, its value grew by 20x.

4 Steps to Win in KuCoin Spotlight

Step 1: Visit KuCoin’s official website and Sign Up for a KuCoin account, click “Earn” on top then “Spotlight”.

Step 2: Click the Spotlight banner to enter the token sale page. On this page, you can find which project is preparing to launch its token sales. If a project is available for subscription, you will be able to commit designated tokens to this specific project.

Step 3: Make sure you meet the 3 criteria to proceed.

a. KYC Verification. Fill in your KYC details as required by clicking on the “KYC Verification” and following the guide on how to complete the process. Once your account has been verified, it will be marked with a green symbol, as shown below.

b. Click on the “Countries Not Supported” to confirm that you are not from a restricted country, as shown below. Once confirmed, tick the "I Have Read and Agree to the Purchase Agreement” box and click the “Confirm” button to proceed to the next criteria.

c. Click on the “Purchase Agreement” and read through the terms of the Token Sale. If you agree with these terms, tick the “I Have Read and Agree to the Purchase Agreement” box and click the “Confirm” button to complete the third criteria.

Step 4: Click the “Participate Now” button to join the Spotlight. When you see “Participated Successfully”, it means that you’re qualified for this token sale.

The 25th KuCoin Spotlight, SUI token sale, is coming now. You can check the official announcement for more details.