Announcement of Trias (TRY) Token Sale on KuCoin Spotlight

Dear KuCoin Users,

KuCoin will launch the next round of the Spotlight token sale with Trias (TRY) on 14/5/2019 (UTC+8). Meanwhile, based on the principle of fairness and justice, the TRY token sale will follow a new lottery format, and there will not be first come first serve purchases available. (see below).

Spotlight Token Sale Details:

• Token Name: Trias (TRY)
• Total Token Supply: 10,000,000,000 TRY
• Initial Circulating Supply: 6.24% of Total Token Supply
• Spotlight Allocation: 400,000,000 TRY (4% of total token supply)
• Token Supported: KuCoin Shares (KCS) only
• Price Ratio: 1 TRY = 0.004 USD (The actual price ratio of KCS will be announced on the day of the Token Sale)
• Token Sale Format: Lottery
• Allocation Per Winning User: 500 USD (125,000 TRY)
• ChainX.kr Public Sale Allocation: 200,000,000 TRY (2% of total token supply)
• Private Sale Allocation: 0% of total token supply
• Seed Sale Allocation: 8% of total token supply
• Seed Sale Token Price: 1 TRY = 0.004 USD (Based on total token supply)
• Seed Sale Valuation: 40,000,000 USD
• Seed Sale Monthly Unlock Program: 3% of seed sale (24,000,000 TRY) will be unlocked before listing, and the remainder will be released over the next 9 months on a month to month basis.
• TRY Official Website: https://www.trias.one
• TRY Whitepaper: https://www.trias.one/whitepaper

Lottery Format Summary

Each user can obtain lottery tickets according to the conditions below, and up to 7 lottery tickets can be obtained per account. The more lottery tickets that are obtained, the greater the chance to win. Lottery tickets are non-transferable and each winning user can only purchase a fixed share of $500 worth of TRY. The actual price ratio of KCS will be announced on the day of the Token Sale.

Lottery Ticket Acquisition Conditions:

Condition 1 —— Trading Volume

Counting period：From KuCoin V2 going online (February 19, 2019) to 00:00 AM on 29/4/2019 (UTC+8).

Acquisition Conditions: Total trading volume of ≥ 20 BTC can get 1 lottery ticket

Condition 2 —— KuCoin Bonus

Counting period：From KuCoin V2 going online (February 19, 2019) to 00:00 AM on 14/5/2019 (UTC+8)

Acquisition Conditions: Total KuCoin Bonus of ≥ 20 KCS can get 1 lottery ticket

Condition 3 —— Using the KuCoin V2 APP

Counting period：From KuCoin V2 going online (February 19, 2019) to 00:00 AM on 14/5/2019 (UTC+8)

Acquisition Conditions: Completion of at least one trade of any amount with the KuCoin V2 APP (iOS and Android devices) can get 1 lottery ticket

Condition 4 —— KCS Holdings Amount

Counting period：From 00:00 (UTC+8) on 30/4/2019 to 00:00 AM (UTC+8) on 14/5/2019

Note:

• To qualify for condition 4, user’s accounts must have a record of holding ≥ 350 KCS for at least 7 days within the counting period. The days do not have to be consecutive. Once this condition has been met, the chart below will then apply.
• We will take snapshots of KCS balances at 00:00 AM (UTC+8) every day, either in the main account or the trading account (including those in open orders).
• The average daily KCS balance will be calculated based on the snapshots taken throughout the counting period.

* Sub-accounts can’t participate in the token sale as an independent account. However, the KCS holdings in the Sub-accounts will be combined into the Master account for the calculation of average daily KCS balance.

Spotlight Token Sale Timeline:

1. KuCoin has launched the Spotlight token sale page for TRY and the activity registration is now open.
2. At 00:00 on May 14th, 2019 (UTC+8): KuCoin will end this round of token sale registrations, count the lottery tickets of all successfully registered users and randomly select the winning users.
3. At 10:00 on May 14th, 2019 (UTC+8): KuCoin will announce the number of users' lottery tickets on the Spotlight page.
4. At 14:00 on May 14th, 2019 (UTC+8): KuCoin will announce the winning users. Please ensure you have sufficient KCS in your trading account.
5. At 18:00 on May 14th, 2019 (UTC+8): KuCoin will deduct the corresponding KCS in the winning users’ trading account. Please ensure you have sufficient KCS in your trading account.
6. At 22:00 on May 14th, 2019 (UTC+8): KuCoin will list TRY and open the trading service for TRY.

To participate in the token sale, your KuCoin account needs to meet the following criteria:

1. Complete the KYC verification before 00:00:00 on May 14th, 2019. KYC verification review takes 3-5 working days, so please submit KYC certification in advance.
2. Hold sufficient KuCoin Shares (KCS) in the Trading Account (not Main Account)
3. The following countries/areas are not supported for the purchase:

the United States of America, Canada, New Zealand, Thailand, Japan, Mainland China, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d'Ivoire, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Republic of Macedonia, Trinidad & Tobago, Tunisia, Uganda, Ukraine and Venezuela

4. Purchase Agreement signed

Note: The above steps can be completed on the Spotlight page before the start time of the Token Sale.

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