CoinUp launches CPX World Cup Zero-loss Selling Season Event, with this IEO offering 100 million KICKX tokens
June 14 – Cryptocurrency exchange CoinUp has launched its CPX World Cup Uniswap Listing Season, with the featured token for the event being KICKX. This initial exchange offering (IEO) uses a no-loss participation mechanism: user funds are only utilized to calculate their proportional share during the participation window, and all capital will be fully refunded after the event—no funds are consumed in any part of the process.
Allocations follow a pro-rata distribution model with no individual participation caps. The amount of KICKX users receive is directly proportional to their subscribed funds, at a set IEO price of 1 KICKX = 0.01 CPX.
Key event details:
- Total KICKX token supply: 100,000,000
- IEO-specific KICKX allocation: 10,000,000 KICKX
- Accepted participating currency: CPX
- Unlocking rule: 100% unlock at Token Generation Event (TGE), meaning KICKX is fully tradable immediately upon listing
Event timelines (all times in UTC+8):
- IEO Participation Window: June 15, 12:00 UTC
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