About
Rules
FAQSubscription Starts
04/15/2023 00:00 UTC
Subscription Ends
04/22/2023 16:00 UTC
Calculation and Verification Results
04/23/2023 13:00 UTC
Results Announced
05/01/2023 10:00 UTC
Token Distribution
05/02/2023 01:00 UTC
Requirements
Token Sale Details
Subscription Start
2023-4-15 00:00:00 (UTC)
Subscription End
2023-4-22 16:00:00 (UTC)
Total Token Supply
10,000,000,000 SUI
Token Sale Price (General Public Sale)
0.1 USDT
Spotlight Allocation (General Public Sale)
225,000,000 SUI
Spotlight Hard Cap
$22,500,000
Individual Allocation
10,000 SUI (1,000 USDT)
Purchase Token Supported
USDT
Token Type
SUI Mainnet Token
Spotlight Vesting Period
1/13 will be unlocked on the Token Generation Event (TGE). After 30 days, an additional 1/13 shall be released monthly, such that all Spotlight allocations are released within twelve months from the TGE date.
About
SuiGeneral Public Sale
Sui (or Sui Network) is the first Layer 1 blockchain designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in web3. Sui is horizontally scalable to support a wide range of dApp development with the unrivaled speed at a low cost. The first-of-its-kind platform brings users a general-purpose blockchain with high throughput, instant settlement speeds, rich on-chain assets, and user-friendly web3 experiences. Sui is a step-function advancement in blockchain, designed from the bottom up to meet the needs of the next billion users in crypto.
Token Distributions
Amount
Allocation
Lock-up Schedule
Early Contributors
2,000,000,000
20%
Please refer to SUI website
Investors
1,400,000,000
14%
Please refer to SUI website
Mysten Labs Treasury
1,000,000,000
10%
Please refer to SUI website
Community Access Program (Public Sale)
600,000,000
6%
Please refer to SUI website
Community Reserve
5,000,000,000
50%
Please refer to SUI website
Distribution Chart
Early Contributors
20%Investors
14%Mysten Labs Treasury
10%Community Access Program (Public Sale)
6%Community Reserve
50%
FAQ
1. What tokens will be calculated into the Net Asset Value (NAV) for this Spotlight event?
Users' USDT, USDC, BTC, ETH, and KCS balances will be calculated into the Net Asset Value (NAV) for this Spotlight event.
2. Which accounts are included in the calculation range of the Net Asset Value?
The snapshot involves the daily average USDT-denominated net assets of all accounts including Main Account, Trading Account, Margin Account, Futures Account, Trading Bot Account, Financial Account, and Wealth Account.
3. What’s the distribution plan?
For general public sale, 1/13 will be unlocked on the Token Generation Event (TGE), after 30 days an additional 1/13 shall be released monthly, such that all Spotlight allocations are released on the twelve-month from the TGE date.
4. Which account will USDT be deducted from?
KuCoin will deduct the corresponding amount of USDT from the qualified users’ Trading Account and distribute the corresponding amount of SUI. If the deduction is successful, the SUI will be distributed immediately to the users’ Main Account.
5. How to get the extra ticket?
Please note that invitees who successfully participate in the SUI Spotlight Token Sale can win an extra ticket in addition to the USDT-denominated Net Asset Value (NAV) tickets. (Invitees must be newly registered KuCoin users.)
6. Important notice:
Note: U.S. persons and residents are not eligible for participation in the sale or distribution of SUI