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CoinUp launches the CPX World Cup Lossless New Listing Subscription Season event, with 100 million KICKX tokens provided in this IEO.
BlockBeats News, June 14 — The cryptocurrency trading platform CoinUp has launched the CPX World Cup No-Loss New Season event. The token for this new issuance is KICKX. This IEO adopts a no-loss participation mechanism, where funds are only used to calculate share during participation and will be fully refunded after the IEO ends, with no capital consumption. The distribution method uses an oversubscription equal split model, removing individual participation limits. The amount of KICKX obtained by users is directly related to their subscription funds. Details of the event are as follows:
Total IEO issuance: 100,000,000 KICKX
Total IEO quota: 10,000,000 KICKX
Participating token: CPX
IEO price: 1 KICKX = 0.01 CPX
Participation method: No-loss participation, full refund after IEO ends
Unlock mechanism: 100% unlocked at TGE (all circulation upon listing)
IEO event time (UTC+8):
Participation period: June 15, 12:00—June 16, 14:00
Statistics period: June 16, 14:00—16:00
Token distribution time: June 16, 16:00—18:00
KICKX/CPX trading open time: June 16, 20:00