Coin Edition
Published May 03, 2024 15:54
Updated May 03, 2024 16:15
KuCoin’s 27th IEO Hosting Lottery for 5M Lifeform (LFT) Tokens: Details
Prominent global crypto exchange KuCoin is rolling out its 27th Spotlight Token Sale, an initial exchange offering (IEO) that showcases Lifeform (LFT), an innovator in decentralized digital identity (DID) solutions. The exchange communicated this development in a statement on Thursday via its official website.
The upcoming Spotlight event will include Lifeform’s token sale, which has a hard cap of $150,000 USDT. Notably, the sale will offer 5,000,000 LFT tokens, which will be distributed among 3,000 winning lottery tickets.
Starting on May 6, at 10:00 UTC and running until May 12, 2024, at 16:00 UTC, KuCoin will capture hourly snapshots of users’ USDT and KCS balances. These snapshots will be used to calculate the average Net Asset Value, determining the number of lottery tickets each participant can receive.
The al…
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