The KuCoin cryptocurrency exchange has announced the tokensale of the Lifeform (LFT) project on the Spotlight platform. This is reported in the blog of the trading platform.
The Lifeform team is developing a digital identification solution that includes tools for creating 3D avatars and a decentralized Web3 verification system.
KuCoin will sell 5 million LFT. They will be distributed among the owners of 3,000 winning lottery tickets at a price of 0.03 USDT.
To participate, you need to:
subscribe to the Lifeform tokensale from May 6 to 12, 2024 on the Spotlight page;have assets worth at least $50 in Tether (USDT) and KuCoin Token (KCS) on the balance sheet.The average cost of tokens will determine the number of lottery tickets that the user will receive.
The number of tickets that the participants will receive. Data: KuCoin.The lottery will take place on May 13. The exchange will announce the results of the draw on May 14 and will award tokens on May 15.
KuCoin will deduct the amount from the winners' trading accounts and distribute the appropriate amount of LFT.
"We strongly recommend that all lottery winners deposit at least 10 KCS to their trading account during the LFT distribution period," the exchange's blog says.
KuCoin is a cryptocurrency exchange that has been operating since 2017 and serves more than 31 million users. The platform supports more than 800 crypto assets in the spot, margin, futures and P2P markets.
Earlier, experts denied the presence of a high risk label for transactions with KuCoin.