On the KuCoin Spotlight platform, the initial exchange offer of the cryptocurrency project MultiVAC was held. The campaign lasted seven seconds, while 1,661 users from 59 countries were able to participate in the campaign.
7 SECONDS!
Congratulations to 1661 users who have purchased the token! pic.twitter.com/vJGuGSPSgP
– KuCoin Updates (@KuCoinUpdates) April 3, 2019
In total, the project has released 10 billion MTV tokens, of which 600 million coins have been allocated for sale at Spotlight. The price of 1 MTV was $ 0.006, therefore the maximum fundraising goal was $ 3.6 million.
Only holders of the KCS exchange's internal token could take part in the campaign; the maximum possible investment was 1902 KCS.
Recall that at the end of March the IEO of the TOR Network project was held on the Huobi Prime. Then, in just 7 seconds, all 300 million TOP tokens were bought, but the campaign itself was criticized.
Earlier today, the Kucoin exchange announced that in the future, IEO projects on the KuCoin Spotligh platform will be held in a lottery format, similar to how Binance had previously done it.
See below for rules of next spotlight sale. Holding # KCS and getting KCS bonus will dramatically increase your chances with our next sale.
Many of our new products will be launched soon. KuCoin's trading volume is rising rapidly. I think the market is also cheering for us.?? pic.twitter.com/dvlyYmxIo4– Michael Gan (@gan_chun) April 3, 2019
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