Token Sale of MultiVAC of KuCoin Spotlight will start on April 3rd

2019/03/26 06:48:06Announcements

Dear KuCoin Users,

Exploring high potential blockchain projects has always been one of our visions as the People’s Exchange. After a strict screening process, we are pleased to announce the first project of KuCoin Spotlight: MultiVAC (MTV). The token sale for MultiVAC (MTV) will start on April 3rd, 2019, 22:00:00, UTC+8.

MultiVAC is developing the world’s first quick, efficient, and fully sharded blockchain. Sharding is not only used for computation, but also transmission and storage, maximizing throughput while maintaining decentralization, all without sacrificing security. MultiVAC has received 15 million USD in Round A strategic investments from IDG, NGC, Hashed, Signum, Arrington XRP, Dfund, ICODrops, etc.

For more information about MultiVAC, please read:

MultiVAC (MTV) WhitePaper

MultiVAC(MTV) YellowPaper

Official Website

Detailed Information about the Token Sale:

1. Token: MultiVAC (MTV)

2. Total Amount: 10,000,000,000

3. Spotlight Amount: 600,000,000

4. Token Supported: KuCoin Shares (KCS)

5. Price Ratio: 1 MTV = 0.006 USD (The actual price ratio of KCS will be announced on the day of the Token Sale)

6. Start Time: April 3rd, 2019, 22:00:00 UTC+8

7. Purchase Rule: First come, first serve

8. Purchase Limitation: For each KuCoin account, the minimum purchase amount is 180 USD and the maximum purchase amount is 3600 USD

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

1. KYC verification

2. Sufficient KuCoin Shares (KCS) in the Trading Account (not Main Account)

3. Trading Password implemented

4. Countries/Areas supported

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

5. 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

Click to view Spotlight Page

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