Announcement of Tokoin (TOKO) Token Sale on KuCoin Spotlight
KuCoin will launch the fifth round of the Spotlight token sale with Tokoin (TOKO) on August 23, 2019 (UTC+8). The new round of TOKO token sale will be implemented with lucky ticket acquisition and token allocation rules.
Spotlight Token Sale Details:
1. Token Name: Tokoin (TOKO)
2. Token Type:ERC-20
3. Token Sale Participation Start Time:August 20, 2019 (UTC+8)
4. Token Sale Participation End Time:August 23, 2019, 09:59:59(UTC+8)
5. Spotlight Hard Cap: 1,000,000 USD
6. Spotlight Allocation: 50,000,000 TOKO
7. Spotlight Token Sale Price: 1 TOKO = 0.02 USD
8. Token Supported: KuCoin Shares (KCS) Only
9. Price Ratio: The actual price ratio of KCS will be announced on the day of the token sale.
10. Token Sale Format:Lucky Ticket and Allocation Mode
11. KCS Payment Time: August 23, 2019, 17:00 (UTC+8), the payment will not be repeated if the initial payment was failed due to insufficient KCS in the account.
12. Spotlight Token Distribution: August 23, 2019, 18:00(UTC+8)
13. Open Trading:August 23, 2019, 21:00(UTC+8)
14. Total Token Supply: 2,000,000,000 TOKO
15. Initial Circulating Supply: 3.2%
16. Private Sale Allocation: 13.75% of Total Token Supply
17. Private Sale Token Price (1st Tier): 1 TOKO = 0.027 USD
18. Private Sale Token Price (2nd Tier): 1 TOKO = 0.030 USD
19. Private Sale Token Price (3rd Tier): 1 TOKO = 0.036 USD
20. Private Sale Token Price (4th Tier): 1 TOKO = 0.040 USD
21. Private Sale Token Price (5th Tier): 1 TOKO = 0.045 USD
22. Private Sale Vesting Period: 0.14% will be unlocked when listing and the remainder will be gradually released over the next 11 months.
23. Flash Sale Token Price: 1 TOKO = 0.054 USD
24. Flash Sale Allocation: 0.56%
25. Flash Sale Vesting Period: Released
26. TOKO Website:[https://www.tokoin.io/](https://www.tokoin.io/)
27. TOKO Whitepaper:[https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82](https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82)
28. TOKO Telegram:[https://t.me/TokoinGlobal](https://t.me/TokoinGlobal)
Read more about Tokoin (TOKO) token sale on:
[https://www.kucoin.com/news/en-announcement-of-tokoin-toko-token-sale-on-kucoin-spotlight](https://www.kucoin.com/news/en-announcement-of-tokoin-toko-token-sale-on-kucoin-spotlight)
nice!
A few questions on the TOKO Coin –
For the first round, lucky ticket acquisition, if I’ve locked up KCS, and have the required amount, am I entered in automatically, or do I need to do something myself?
Then for the second round, allocation mode, it says any user with a token holding value over 300 USDT, is eligible to participate, again, is this done automatically or do I need to do something myself?