Sui announces token sales on Bybit, Kucoin, and OKX
On the morning of April 15, three major exchanges OKX, Bybit, and Kucoin simultaneously announced the listing schedule of SUI.
Sui is the first permissionless Layer-1 blockchain designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in Web3. On the morning of April 15, three major exchanges OKX, Bybit, and Kucoin simultaneously announced the listing schedule of SUI, the first blockchain project of Mysten Labs. The developer is valued at $2 billion after closing a $300 million funding round led by FTX Venture. The project also received funding from major VC backer as a16z, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, and many other prestigious funds.
Bybit ByStarter
The SUI sale on Bybit is only for users who have supported the project since the early days. These users are:
- Winners: Winners from the Capy Holidays contest;
- Champions: Selected by the project based on network activity and dedication;
- Supporters: For users in Sui's Discord community who have the role "Suinami" (before 02/01/2023 only).
These three groups of objects will be whitelisted (also known as allowlist). Until the date of sale on Bybit, only those who have this whitelist can buy SUI. The selling price of SUI tokens on Bybit is also cheaper than on the two platforms OKX and Kucoin, as an incentive that the project is dedicated to the users who have supported them.
- Time: 10 AM UTC, Apr 18
- Selling price: 1 SUI = 0.03 USD
- Open Sale: 94 million SUI tokens
- Purchase limit: each person can buy 10-45 USD
In addition to the sale exclusively for users with a whitelist from the project, SUI tokens will be open for public sale on Kucoin and OKX.
The public sale will be in the form of a lottery. Users need to hold exchange tokens (KCS for Kucoin and OKB for OKX) to receive lottery tickets. After the registration period, the exchange will conduct a lucky draw.
Kucoin Spotlight
- Registration time: starting at 2:00 UTC on April 15
- Selling price: 0.1 USD
- Open Sale: 225 million SUI tokens
- Purchase limit: each person can buy up to 1,000 USD, equivalent to 10,000 SUI tokens
OKX Jumpstart
- Registration time: starting at 10:00 UTC on April 22
- Selling price: 0.1 USD
- Open Sale: 225 million SUI tokens
- Purchase limit: each person has a maximum of 100 winning tickets, and each winning ticket can buy up to 100 SUI, equivalent to a maximum purchase of 1,000 USD per person.
Wrapping up
In conclusion, the launchpad sale of SUI on major exchanges OKX, Bybit, and Kucoin is generating a lot of attention and excitement in the cryptocurrency community. The sale will be in different formats across the exchanges, including a lottery and a whitelist sale, giving investors different opportunities to participate in the project.
With the backing of top-tier VC investors and a strong development team behind it, SUI is poised to become a significant player in the blockchain space. As the first project by Mysten Labs, SUI has already attracted a lot of interest and investment, and its future looks bright. While Binance, the largest exchange in the market, has yet to announce the listing of SUI, the launchpad sale on OKX, Bybit, and Kucoin is an excellent opportunity for investors to get in early on this promising project.
It will be exciting to see how SUI progresses in the coming months, and how it will impact the blockchain industry as a whole.
Be sure to check out Suipiens' website and social media channels to stay up-to-date on all things about Sui Blockchain!
Official links about Suipiens: Website | Twitter | Discord