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Rainbow Token Sale Terms and Conditions

2 hours ago

Crypto wallet Rainbow has released the rules for the CCA launch subscription of its RNBW token on Uniswap. The pre-sale kicks off at 11:00 PM Beijing Time on February 2 and runs through 11:00 PM Beijing Time on February 3. Concurrently, the CAA mechanism auction will launch, ending at 11:00 PM Beijing Time on February 5. Key CCA details: - Each block sets a single clearing price; orders execute if the clearing price ≤ the user’s maximum bid. - Starting price: $0.1 per token. - Fully diluted market cap: $1 billion; implied market cap: ~$19 million. - Total tokens sold via CCA: 5 million (0.5% of supply); payment method: USDC. Post-event steps: - CCA participants can claim their RNBW tokens via Uniswap. - RNBW airdrop rewards will be claimable via the mobile app. - Non-U.S. CoinList participants will receive tokens directly. - After distribution, RNBW will be tradable on Base and centralized exchanges.
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