Introducing the First KuCoin Fractional NFTs - Fractionalized Bored Ape Yacht Club: Limited Sale of 2 million hiBAYC
26/07/2022 18:04:05
Dear KuCoin Users,
We are honored to introduce our first project on KuCoin Fractional NFTs - hiBAYC. The subscription to this exclusive NFT event will start at 10:00 on July 27, 2022 (UTC).
The first project of the Fractional NFTs Platform will be featured in BAYC (Bored Ape Yacht Club) collectibles. hiBAYC is an ERC-20 token representing 1/1,000,000 ownership of one BAYC in the collection vault.
Subscription Period: 2022/07/27 10:00:00 - 2022/07/29 10:00:00 (UTC)
Fractionalized Fungible Token Sale Details: (Subscribe Now)
- 1 BAYC NFT = 1,000,000 hiBAYC
- Initial Total Supply: 2,000,000 hiBAYC
- Hard Cap Per User: 200,000 hiBAYC
- Token Sale Price: 1 hiBAYC = 0.13 USDT
- Token Type: ERC-20
- Token Sale Format: Flash Sale (first come, first serve)
- Trading Pair: HIBAYC/USDT
FFT Trading / NFT ETF Trading Zone
KuCoin will list the HIBAYC/USDT trading pair under our new NFT ETF trading zone at 10:00 on July 29th, 2022 (UTC)
Why Choose Fractionalized Fungible Token?
- Low Investment Barrier: The super rare blue-chip NFTs will become very easy to obtain after it is split, allowing everyone to participate in this one of the most popular investments at the moment.
- Centralized Experience: Without a complicated on-chain process, users can directly purchase these Fractional NFTs using the balance in their trading account
- Trading on KuCoin Marketplace: Fractionalized fungible tokens issued on KuCoin will be tradable on spot trading after the token sale and have world-class liquidity in multiple trading pairs.
Ongoing Promotion: KuCoin is launching an exclusive Learn-to-Earn promotion with the Fracton project team. Proof your knowledge about Fractional NFTs and win a share a prize pool of 250,000 hiBAYC!
About Fracton Protocol
Fracton Protocol is a NFT liquidity infrastructure, with 2 steps of fractionalization (ERC721-ERC1155-ERC20), provides permissionless liquidity and oracle for all kinds of NFTs. Based on a deeply reformed ERC1155 middle layer standard, Fracton is building a non-status smart contract system, to increase the protocol’s efficiency, lower gas fees, and maximize asset security. To know more about Fracton Protocol, click here.
Website: https://www.fracton.cool/
Twitter: https://twitter.com/FractonOfficial
Discord: https://discord.com/invite/GzV8cx8QyZ
Medium: https://medium.com/@FractonProtocol
Notes:
- The deposits and withdrawals will be supported for all fractionalized fungible tokens (FFT).
- The total sale will be conducted in the flash sale format, and the total initial supply is limited; please make sure to have a sufficient balance in your trading account.
- The FFTs which have been purchased are not non-refundable. Users will be able to trade their FFTs in the spot market.
- The user hereby confirms that participation in the activity is voluntary, and KuCoin Group has not forced, interfered with, or influenced the user's decision in any form.
Risk Warning: Investing in cryptocurrency and NFT assets is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market; however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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