KuCoin will be launching the 25th Spotlight Token Sale with Sui (SUI) at 23:00 on April 14, 2023 (UTC). There will be 2 ways to participate in the SUI token sale: Hold & Gain Lottery Tickets for General Public Sale Participation and Ecosystem Contributor Allowlist-Only Public Sale Participation.

Spotlight Token Sale Details (Pool A): KuCoin General Public Sale

1. Spotlight Hard Cap: 22,500,000 USD
2. Spotlight Allocation: 225,000,000 SUI
3. Total Winning Tickets: 22,500 Tickets
4. Maximum Winning Tickets per User: 1 Ticket
5. Total SUI for Each Winning Ticket: 10,000 SUI (1,000 USD)
6. Spotlight Token Sale Price: 1 SUI = 0.1 USD
7. Token Sale Format: Hold & Gain Lottery Tickets
8. Spotlight Token Distribution Plan: 1/13 will be unlocked on the Token Generation Event (TGE). After 30 days, an additional 1/13 shall be released monthly (before the 26th of each month), such that all Spotlight allocations are released within twelve months from the TGE date.

How to Participate (Pool A): (Register Now)

From 00:00 on April 15, 2023 to 16:00 on April 22, 2023 (UTC), KuCoin will randomly take hourly snapshots of users' USDT, USDC, BTC, ETH, and KCS total balances. The hourly average USDT-denominated Net Asset Value (NAV) of USDT, USDC, BTC, ETH, and KCS will determine the final number of lottery tickets each user can receive. Winners will be chosen in a lottery draw after the subscription period.

To be eligible for participation, users are required to have a daily average USDT-denominated Net Asset Value (NAV) of at least $50. The more holdings a user has, the more tickets they will receive.

The detailed rules are as follows:

(*Sub-accounts cannot participate in the Token Sale as independent accounts. However, the tokens held in the Sub-accounts will be combined with the token holdings in the Master account to calculate the Average Daily Holdings.)