IEO: Token Sale of MultiVAC of KuCoin Spotlight will start on April 3rd

[dragononcrypto]

Token Sale of MultiVAC of KuCoin Spotlight will start on April 3rd

2019/03/25 16:05:45

Dear KuCoin Users,

Exploring high potential blockchain projects has always been one of our visions as the People’s Exchange. After a strict screening process, we are pleased to announce the first project of KuCoin Spotlight: MultiVAC (MTV). The token sale for MultiVAC (MTV) will start on April 3rd, 2019, 22:00:00, UTC+8.

MultiVAC is developing the world’s first quick, efficient, and fully sharded blockchain. Sharding is not only used for computation, but also transmission and storage, maximizing throughput while maintaining decentralization, all without sacrificing security. MultiVAC has received 15 million USD in Round A strategic investments from IDG, NGC, Hashed, Signum, Arrington XRP, Dfund, ICODrops, etc.

For more information about MultiVAC, please read:

MultiVAC (MTV) WhitePaper: https://www.mtv.ac/assets/file/MultiVAC_Tech_Whitepaper.pdf
MultiVAC(MTV) YellowPaper: https://www.mtv.ac/assets/file/MultiVAC_Sharding_Yellowpaper.pdf
Official Website: https://www.mtv.ac/

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

To participate in the token sale, your KuCoin account needs to meet the following criteria:

1. KYC verification

2. Sufficient KuCoin Shares (KCS) in the Trading Account (not Main Account)

3. Trading Password implemented

4. Countries/Areas supported

The following countries/areas are not supported for the purchase:

the United States of America, Canada, New Zealand, Thailand, Japan, Singapore, Mainland China, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Turkey, Iran, Iraq, Libya, Syria, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d'Ivoire, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Republic of Macedonia, Trinidad & Tobago, Tunisia, Uganda, Ukraine and Venezuela

5. Purchase Agreement signed

Note: The above steps can be completed on the Spotlight page before the start time of the Token Sale.

Risk warning: Spotlight is a high-risk investment channel. Investors should be sensible in their participation and be aware of investment risks. KuCoin is not liable for user’s investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice. KuCoin reserves the right of final interpretation of the activity.

Thanks for your support!

The KuCoin Team

Click to view Spotlight Page

KuCoin English Telegram: https://t.me/Kucoin_Exchange
KuCoin API Support Telegram: https://t.me/KuCoin_API

Source: https://www.kucoin.com/news/en-token-sale-of-multivac-of-kucoin-spotlight-will-start-on-april-3rd

KuCoin Hits its First IEO for MultiVAC Project Resulting Native Token Pumped Higher

Native tokens of Major cryptocurrency exchanges are moving the upside graph of Coinmarketcap following their interest in trending IEO concept. One of such token is KuCoin shares from KuCoin exchange which gains higher value after hosting the first project on Spotlight (The name of KuCoin’s IEO). At the moment, the KCS token has gained 15.17 percent over the past 24 hours.

While Bittrex Suddenly Cancels its First IEO of RAID project, KuCoin took a leap with its Spotlight for a project called MultiVAC. Reportedly, the project is the first of its kind that hosted on KuCoin Spotlight platform. Interested users must hold KCS token and participate in MultiVAC Spotlight/ Initial Exchange Offering – increasing interest in KuCoin’s first Spotlight is likely the strong reason that influenced KSC’s market cap.

Let's put our Spotlight on MultiVAC!

It's my pleasure to introduce the pioneering all-dimensional sharding and flexible blockchain to you: MultiVAC, which is also the first project of KuCoin Spotlight.

Accordingly, the exchange had successfully completed the Spotlight of META token. Speaking the similar regards, CEO Michael Gan also shared yet another announcement;

We will release the first Spotlight project within 24 hrs. Our derivative trading platform KuMex is also on the way and KCS will play a key role in it. Please stay tuned!!

KCS Token is Rising

As per the data provided by Coinmarketcap, KCS stands at 55th position with the value $1.31 US Dollar. Moreover, the average market cap of KCS token counts $117,746,520.



However, IEO is as equal as Binance’s launchpad – Indeed, Binance is the early player in the crypto market to capture major crypto community with its new updates such as Binance Launchpad, Binance DEX, and Binance Chain. As Coingape reported, OKEx is also following the footprints of Binance exchange and announced its native blockchain called OKChain, OKDEx (decentralized exchange) and OKJumpstart.

Source: https://coingape.com/kucoin-first-ieo-multivac-kcs-pumped/