Kucoin recently made another new IEO! This time to Chromia.
Take a look at the details:
Purchase details:
Project Name: Chromia (CHR)
Token type: ERC-20
Purchase reservation start time: subscription page release time
Subscription Appointment End Time: May 27, 2019 23:59:59 UTC+8
Spotlight Hardtop: 2,000,000 USD
Spotlight quota: 40,000,000 CHR
Spolight purchase price: 1 CHR = 0.05 USD
Replace Token: only supports KuCoin Shares (KCS)
Replacement ratio: KCS actual replacement price will be announced on the day of the event
Purchase model: lottery
Fixed share per 1 winning sign: 500 USD (10,000 CHR)
Spotlight subscription distribution: will be distributed immediately after KCS is successfully deducted
Total circulation: 1,000,000,000 CHR
Liquidity: 4.75% (47,500,000 CHR)
Private roundup quota: 14.95% of total circulation + 2.99% of total circulation as Bonus issue
Private placement price: 1 CHR = 0.058 USD
Private Private Wheel Unlocking Plan: 7,474,622 CHR will be unlocked at the time of the event and the rest will be released monthly for 19 months.
CHR official website: https://chromia.com/, https://chromapolis.com/
But the rules for getting a lottery ticket this time are a bit complicated... In short, there are three main methods: KCS lock up, historical KCS holding, last time participated in IEO but did not succeed.
Personally feel that Kucoin's IEO is guaranteed, at least it will not break the ICO price! I will dog rush, how about you?