Tokoin, the local Blockchain project in Indonesia, is organizing a Spotlight program at KuCoin

Tokoin, the local Blockchain project in Indonesia, is organizing a Spotlight program at KuCoin

An announcement after the announcement was issued by KuCoin and Tokoin regarding the next Tokoin vacation. On August 23, 2019, Tokoin will become the fifth project of the Spotlight program of the KuCoin exchange platform. To be able to participate in this program and not miss the opportunity to get chips through this program, here are some important things to know about how to get chips through the KuCoin Spotlight program:

Important times:

1. August 20, 2019: Participation in the sale of chips starts!

Participation in the sale of tokens means the time required to obtain a ticket to participate in the Token SHOP purchase process. Sale of chips The participation time is divided into 2 rounds. The first round will have a total allocation of 300,000 USD or 15,000,000 Token STORES. In this first round, the maximum allocation per user who gets the chance / ticket is: 500 USD or 25,000 Token STORES.

Here are the detailed provisions on the number of KCS you can lock and the opportunities / tickets you can get:

For this first round, the results will be announced on August 23, 2019 at 14:00 WIB.

If you do not have the opportunity to get a ticket / opportunity in the first round, there is always a chance in the second round. In the second round, the total allocation is USD 700 000, or 35 000 000 Token STORES. The maximum allocation per lucky user / ticket is 500 USD or 25,000 Token STORES. For this second round, the criteria for user participation are all users, except those who won the first round.

To participate here, you must have one of the BTC, ETH, USDT or KCS digital currencies, worth at least $ 300.

To obtain the calculation of the value of the token per individual, proceed as follows:
KCS value * 3 + BTC property value + ETH property value + USDT property value. In this case, the main account and the trading account will be counted. And here's how to calculate the allocation:

The calculation of the distribution is our value divided by the total value of all participants, then multiplied by 700,000 USD. The maximum purchase remains 500usdt. our example has a value of 300 and the total value of the participants is 2 million, then 300/2 million * 700,000 = 105us.
If the deposit is in the form of KCS, the value is multiplied by 3. Therefore, from the calculation above, your allocation will be 315 USD.
Also, remember that before you can participate in this token trading process, you must have completed the customer awareness process from the KuCoin platform. Here are some questions about the KYC KuCoin process: The KYC KYC Process

2. Sale of Tokens The participation period will end on August 23, 2019 at 9:00 am WIB.

3. Once you have completed the process of participating in the sale of tokens and obtained a ticket, you can make payments with KCS from August 23, 2019 at 4:00 pm WIB. Make sure your account contains enough KCS because if the amount of KCS is not enough and the payment process fails, it can not be repeated.

4. The Token Shop distribution will begin on August 23, 2019 at 5:00 pm WIB

5. You can start trading your Token on the KuCoin Exchange Platform starting August 23, 2019 at 8:00 pm WIB. If you still can not get the token through the KuCoin Spotlight program process, you can still get the token through the secondary market via token trading on this KuCoin platform.

If you have further questions, you can join the discussion group: Tokoin Indonesia

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