{"id":13253,"date":"2024-05-06T13:42:21","date_gmt":"2024-05-06T10:42:21","guid":{"rendered":"https:\/\/forklog.com\/en\/kucoin-announces-lifeform-ieo\/"},"modified":"2024-05-06T13:42:21","modified_gmt":"2024-05-06T10:42:21","slug":"kucoin-announces-lifeform-ieo","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kucoin-announces-lifeform-ieo\/","title":{"rendered":"KuCoin Announces Lifeform IEO"},"content":{"rendered":"<p>The cryptocurrency exchange KuCoin has announced the token sale of the Lifeform (LFT) project on its Spotlight platform. This was reported in the trading platform&#8217;s <a class=\"tracking_link\" href=\"https:\/\/www.kucoin.com\/announcement\/en-announcement-of-lifeform-lft-token-sale-on-kucoin-spotlight\" target=\"_blank\" rel=\"noopener\">blog<\/a>.<\/p>\n<p>The <a class=\"tracking_link\" href=\"https:\/\/lifeform.cc\/\" target=\"_blank\" rel=\"noopener\">Lifeform<\/a> team is developing a digital identification solution that includes tools for creating 3D avatars and a decentralized Web3 verification system.<\/p>\n<p>KuCoin will conduct the sale of 5 million LFT. These will be distributed among holders of 3000 winning lottery tickets at a price of 0.03 USDT each.<\/p>\n<p>To participate, one must:<\/p>\n<ul class=\"wp-block-list\">\n<li>subscribe to the Lifeform token sale from May 6 to May 12, 2024, on the <a class=\"tracking_link\" href=\"https:\/\/www.kucoin.com\/spotlight-center\" target=\"_blank\" rel=\"noopener\">Spotlight page<\/a>;<\/li>\n<li>hold assets worth at least $50 in Tether (USDT) and KuCoin Token (KCS) in their balance.<\/li>\n<\/ul>\n<p>The average value of tokens will determine the number of lottery tickets a user receives.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/tjPfaHH2qoIVp8x-jn0cFDQurreoDk_DkL2jx0k60Iuhvb8R5xlrUrtLRpWUvNvFNjvGEEMISNtbnJJrzu4XT8v1fexFfZT6-7V2lLle0cs_OHSmzCBJxp7iV8KwnygjC9XGUtaTbumxcv-ETmz41ok\" alt=\"KuCoin Announces Lifeform IEO\"\/><figcaption class=\"wp-element-caption\">Number of tickets participants will receive. Source: <a href=\"https:\/\/www.kucoin.com\/announcement\/en-announcement-of-lifeform-lft-token-sale-on-kucoin-spotlight\" target=\"_blank\" rel=\"noreferrer noopener\">KuCoin<\/a>.<\/figcaption><\/figure>\n<p>The lottery will take place on May 13. The exchange will announce the results on May 14 and distribute the tokens on May 15.<\/p>\n<p>KuCoin will deduct the amount from the winners&#8217; trading accounts and allocate the corresponding number of LFT.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cWe strongly recommend all lottery winners to deposit at least 10 KCS into their trading account during the LFT distribution period,\u201d the exchange&#8217;s blog states.<\/em><\/p>\n<\/blockquote>\n<p><a class=\"tracking_link\" href=\"https:\/\/www.kucoin.com\/\" target=\"_blank\" rel=\"noopener\">KuCoin<\/a> is a cryptocurrency exchange that has been operating since 2017, serving over 31 million users. The platform supports more than 800 crypto assets across spot, margin, futures, and P2P markets.<\/p>\n<p>Earlier, experts <a href=\"https:\/\/forklog.com\/en\/news\/experts-refute-high-risk-label-on-kucoin-transactions\">refuted<\/a> the presence of a high-risk label on transactions with KuCoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange KuCoin has announced the token sale of the Lifeform (LFT) project on its Spotlight platform. This was reported in the trading platform&#8217;s blog. The Lifeform team is developing a digital identification solution that includes tools for creating 3D avatars and a decentralized Web3 verification system. KuCoin will conduct the sale of 5 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1411,1378],"class_list":["post-13253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-kucoin","tag-token-sales"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13253"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13252"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}