Announcement of The Price of TRY Token Sale and Special Rewards Plan

2019/05/14 01:05:05Announcements

Dear KuCoin Users,

The price of the Trias (TRY) token sale on KuCoin Spotlight is as follows:

  • The price of KCS for purchase is now fixed at the average of every hourly open price from 00:00:00 to 23:59:59 on May 13, 2019 (UTC+8)
  • 1 KCS = $1.05
  • Price of Public Token Sales: 1 TRY = 0.004 USD = 0.0038 KCS
  • Allocation Per Winning User: 500 USD = 125,000 TRY = 475 KCS

Spotlight TRY Token Sale Timeline:

  1. At 10:00 on May 14, 2019 (UTC+8): KuCoin will announce the number of users' lottery tickets on the Spotlight page.
  2. At 14:00 on May 14, 2019 (UTC+8): KuCoin will announce the winning users. Please ensure that you have sufficient KCS in your trading account.
  3. At 18:00 on May 14, 2019 (UTC+8): KuCoin will deduct the corresponding KCS in the winning users’ trading account. Please ensure that you have sufficient KCS in your trading account.
  4. At 22:00 on May 14, 2019 (UTC+8): KuCoin will list TRY and open the trading service for TRY.

TRY Special Rewards Plan

To thank users for their support for the TRY token sale on Spotlight, KuCoin will launch a special rewards plan together with the Trias project. The allocation of TRY which will be used for the special rewards plan will be provided by the Trias project side. The special rewards plan rules are as follows:

  • The users who succeed in participating (not necessarily winning) in the TRY token sale through the TRY Spotlight page can get $10 worth of TRY (2,500 TRY).
  • Users are required to transfer $10 worth of KCS (9.5 KCS) to the specified KCS address iwanttry from their KuCoin main account before 12:00 PM (UTC+8) on May 14, 2019. (Visit the KCS withdrawal page, fill in the KCS address iwanttry in the wallet address bar)
  • The 2,500 TRY for the successful participants will be distributed together with the TRY token sale.
  • The KCS of the users who do not successfully participate will be refunded to their transfer account.

Note:

  • KCS transfer status must be displayed as ‘completed’ before the specified time. All other statuses will be considered invalid.
  • Please transfer the specified 9.5 KCS. If an excess amount is transferred, the extra portion will be refunded. If you do not transfer the full amount, you will not be eligible for a reward, and the KCS will be refunded.
  • The Special Rewards Plan only supports KCS deduction, so please do not transfer other assets.
  • Successful completion of the KCS transfer by the user will be seen as acknowledgment and agreement to the terms of the special rewards plan.
  • KuCoin reserves the right of final interpretation of the rules.

To learn more about the Trias project, read the TRY Tokeninsight Project Research Report.

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 user’s 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


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