KuCoin will reward IEO MultiVAC members and held an additional round of token sale
The KuCoin cryptocurrency exchange acknowledged the fact of fraud in the IEO MultiVAC process, which ended in 7 seconds, and decided to award campaign participants who could not acquire MTV tokens.
- “Available evidence suggests that during yesterday's token sale on the Spotlight platform, several users resorted to scripts to automatically go through some steps before clicking on the buy button. Such scripts allowed these users to gain an unreasonable advantage. To some extent, these scripts have complicated the already complex process of buying tokens,” the company writes.
KuCoin notes that it seeks to support users who tried to participate in IEO MultiVAC. Those of them who clicked on the “Purchase Now” button but could not get tokens, she will credit bonuses in USDT this week and on MTV before listing on the stock exchange depending on the number of KCS tokens that were in their accounts at the time of the campaign:
Except for Moreover, on Tuesday there will be an additional round of sale of MTV tokens in the order of a live queue, where the allocation for one investor will be $ 120. Users will not have to enter the purchase amount or trading password, but you will need to pass verification through reCAPTCHA from Google.
The distribution of MVT tokens will take place after the end of the additional round of sales, which will be held on April 9 at 11:00 UTC time. Also on April 9, at 15:00 UTC time, the MTV/BTC, MTV/ETH and MTV/KCS trading pairs will be opened on the stock exchange. The start date of the deposit/withdrawal of funds will be announced separately.
Also today, KuCoin announced about the sixth in its history, the stage of foreclosure on the market and the destruction of its tokens KCS. The event is timed to the end of the first quarter and will be held over the next three weeks.