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CoinUp will commence the CPA IEO at 12:00 (UTC+8) on June 19
BlockBeats News, June 19 — According to official sources, the cryptocurrency trading platform CoinUp announced that it will officially launch the CoinUp Alpha (CPA) IEO event at 12:00 (UTC+8) on June 19.
It is reported that CPA is the token of the CoinUp ecosystem, aimed at supporting the development of various application scenarios such as DeFi, AI, and GameFi. This IEO adopts an "automatic refund of oversubscribed funds" mechanism and supports a "fair distribution" model to ensure all participants can participate fairly in the allocation.
According to the official schedule, the IEO subscription will be open from 12:00 on June 19 to 14:00 on June 20 (UTC+8). Token distribution will be completed between 16:00 and 18:00 on June 20 (UTC+8), and CPA trading will officially go live at 20:00 on June 20 (UTC+8).