On March 24, representatives of the KuCoin tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details platform reported on the first tokensale. Sales will take place at the newly created Spotlight IEO-platform.
About the first KuCoin tokensale at Spotlight was told on March 24th. The exact details of the first IEO are not yet known. KuCoin's CEO, Michael Gan, announced that sales information will appear on the company's blog within 24 hours.
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KuCoin Spotlight – the first tokensale on the exchange
Judging by the intensity of the statements from the representatives of the exchange, the first tokensale on KuCoin will be soon. Yesterday, Gan posted on his Twitter account about cooperation with the MultiVAC blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details, specifying that this company would be the first project for KuCoin Spotlight.
"I am pleased to present you an innovative universal sharding and flexible blockchain – MultiVAC, which is also the first project of KuCoin Spotlight" – Michael Gan, Twitter.
In addition, Gan had previously said that the exchange will use its own KuCoin Shares to purchase tokens on Spotlight. This message is very positive impact on the course of KCS. Over the past week, the tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details has grown by 10% (information according to CoinMarketCap). Gan also wrote that detailed information about the tokensale conditions will appear over the next 24 hours.
"We’ll inform you about the first Spotlight project within 24 hours. Our derivative KuMex trading platform is also on its way (...)" – Michael Gan, Twitter.
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Now, it is known that customers of the platform during IEO will be serviced in turn, according to the principle "who first submitted a purchase application". Only "fully verified" customers will be able to participate in the sale.
KuCoin Spotlight and the details of the first tokensale were only partially made public. Recall that another exchange actively practicing IEO. Binance Launchpad is a tokensale platform where three sales have already passed: Fetch.Ai, Celer Network (CELR) and BitTorrent.
Editor: Alyona Nabok