https://www.kucoin.com/news/en-introducing-kucoin-spotlightWith this announcement on March 20, the KuCoin team and exchange announced to its users and investors the birth and operation of its new high-risk investment platform:
SPOTLIGHTWith Spotlight, the KuCoin exchange aims to assist the most promising Blockchain projects and to attract greater liquidity and market attention; to participate, users must pass the Kyc and must be able to participate only through the KCS token!
And here, after 5 days from its announcement, the exchange KuCoin proposes the sale of the
MULTIVAC token on the new Spotlight platform for the 3rd April.https://www.kucoin.com/news/en-token-sale-of-multivac-of-kucoin-spotlight-will-start-on-april-3rdMultiVAC is developing the worlds first quick, efficient, and fully sharded blockchain. Sharding is not only used for computation, but for transmission and storage, maximizing throughput while maintaining decentralization, all without sacrificing security. MultiVAC has received 15 million USD in strategic investments from IDG, NGC, Hashed, Signum, Arrington XRP, Dfund, ICODrops, etc.
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
In essence, therefore, the company intends to offer 6% of its tokens on the market through Spotlight; to get all the details and the shares in the hands of the company, advisors, funds, etc. and with the related blocking periods refer to the links below
For more information about MultiVAC, please read:
https://www.mtv.ac/https://www.mtv.ac/assets/file/MultiVAC_Sharding_Yellowpaper.pdfhttps://www.mtv.ac/assets/file/MultiVAC_Tech_Whitepaper.pdfhttps://www.kucoin.com/activity/55This page aims to be a starting point for reflection and speculation on the projects that will gradually propose Spotlight KuCoin, analyzing the potential and the scenarios of the same.