Topic: ALC’s on Listing, "IMO fall on and compensate" mechanism is first launched! (Read 87 times)

Introduction on Allcoin Token

Allcoin is committed to creating a professional digital asset platform of selling and trading a variety of tokens. We hope to provide a token-convertible and professional asset circulation platform for the newly hatched project. In 2018, Allcoin took the initiative and launched the platform token Allcoin, abbreviated as "ALC". ALC is a standard token based on ERC-20, and the total issuance volume is constant at 1 billion. Of these, 51% is gradually allocated to users through the "mining" model, and after that, Allcoin will stop the mining bonus plan.

IMO (Initial Mining Offering) Plan

1)Participate in tokensale is also mining; The IMO (Initial Mining Offering) plan is first launched
you can participate in the Tokensale project on Allcoin at the same time when you participate in the mining of platform token. The platform token ALC will be issued according to a certain proportion based on participation quota and the number of participating projects. The detailed rules will be announced later.
2) "IMO fall on and compensate" mechanism
If the project which do tokensale on Allcoin, its market price falls on after the free trade is opened, the project party and Allcoin will do co-compensation. The more details will soon be announced in succession.

Trading to Participate in ALC Mining

1) Trading/mining to get all your trading fees back

Official trading time of ALC: 16:00, July 6th, 2018, Beijing time (UTC+8)
Opening Trading Pairs: ALC/CK.USD, ALC/ETH, ALC/BTC
Trading and mining tokens: All tokens being listed on Allcoin
During the mining time, all trading fees paid by the users who trade on Allcoin will be converted to ALC according to a certain proportion and be returned to the users.
Opening time of mining: 15:00, July 5th, 2018, Beijing time (UTC+8)
ALC bonus rule:
On July 6th, 2018, Beijing time, Allcoin will distribute ALC mining fees to miners first time, the first mining time is between 15:00, July 5th to 23:59, July 5th, 2018, Beijing time (UTC+8). After that, the daily mining fees will be distributed next day.

2) Taking trading fees as dividend with ALC

Opening Time of Dividend: 15:00, July 6th, 2018, Beijing time (UTC+8)
Dividend Tokens: All listing tokens on Allcoin
Dividend rule:
All ALC holders will receive a total of 80% of the daily trading fee of Allcoin.
On July 7th, 2018, Beijing time, Allcoin will distribute trading fees bonus to ALC holders first time, the first dividend time is between 15:00, July 6th to 23:59, July 6th, 2018, Beijing time (UTC+8). After that, the daily dividend of trading fees will be distributed next day.

Invite friends to get an additional 20% of ALC by trading and mining as bonus

From the time the mining plan of the platform token goes on line (from 15:00, July 5th, 2018, Beijing time), inviting friends to participate in the trading and mining will receive an equivalent ALC of 20% of the friends’ trading fee.
On July 6th, 2018, Beijing time, Allcoin will return ALC mining fees of the friends’ trading fees bonus first time. The first return time is between 15:00, July 5th to 23:59, July 5th, 2018, Beijing time (UTC+8). After that, the daily ALC of 20% of the friends’ trading fee will be returned next day.
The original activity of invitation for bonus will be suspended. The opening time will be announced once available.
More information on ecological construction of the platform token will be announced later. Please stay tuned.

Notes: The final interpretation of the platform token belongs to Allcoin.

Allcoin team

June 29th, 2018