KuCoin Spotlight Launches Gno.land GNOT Pre-Listing Token Sale

• KuCoin Spotlight brings back a pre-listing subscription for 7,751,938 GNOT, priced at $0.0645 per token.
• An oversubscription framework utilizes a pro-rata allocation, ensuring eligible participants receive tokens proportionate to their committed funds.
• Purchases can be made using KCS, USDT, and the newly integrated USDG, accompanied by KCS holder discounts and an optional conditional price protection feature.

KuCoin Spotlight is officially back, featuring a pre-listing subscription for Gno.land (GNOT) that gives qualified users access to 7,751,938 GNOT at $0.0645 per token ahead of spot trading. This campaign introduces a refreshed participation framework aimed at delivering a more organized distribution method. The updated structure merges an oversubscription model with pro-rata allocations, payment flexibility across KCS, USDT, and USDG, and an optional conditional post-listing buyback safeguard.

Gno.land Joins the Spotlight Lineup

Created by NewTendermint, Gno.land is an open-source Layer 1 smart-contract platform powered by Gno, a deterministic iteration of Go tailored for on-chain development. The network’s native asset, GNOT, serves as the utility token required for settling storage gas fees, executing contracts, and facilitating cross-chain communications.

The inclusion of Gno.land expands Spotlight’s portfolio of blockchain infrastructure projects by introducing a Go-centric smart contract network.

Extending the Spotlight Subscription Model

• Pro-rata allocation for every eligible subscriber: Operating on an oversubscription basis, GNOT tokens are shared out proportionally according to the size of each user’s commitment. Every qualifying user who finalizes a valid subscription secures an allocation, completely bypassing lottery systems or first-come, first-served queues.
• Up to 10% off with KCS: Contributions can be made via KCS, USDT, or the newly introduced USDG. Those utilizing KCS can benefit from up to a 10% discount and are able to deploy flexibly staked KCS directly without needing to initiate an unstaking process beforehand.
• Conditional post-listing buyback: Subscribers have the choice to opt into an automated buyback feature during the subscription phase. Under specific conditions occurring within the seven-day window following the token’s listing, qualifying allocations may be eligible for a buyback at the original subscription cost. Full terms can be found in the official KuCoin announcement.

How to Subscribe for GNOT

Qualified individuals can sign into their KuCoin accounts, navigate to the KuCoin Spotlight Center, choose GNOT, and complete their subscription using KCS, USDT, or USDG. Participants interested in the conditional buyback safeguard can select the opt-in choice throughout the subscription procedure. Further details are available in the official KuCoin Announcements.

About KuCoin

Established in 2017, KuCoin is a premier international crypto platform grounded in trust and security, catering to over 45 million customers across more than 200 countries and territories. Renowned for its dependability and dedication to its community, the exchange merges cutting-edge technology, robust liquidity, and rigorous security measures to offer an effortless trading journey. KuCoin grants entry to more than 1,500 digital currencies via a comprehensive product ecosystem and stays focused on constructing clear, compliant, and user-focused digital asset infrastructure for tomorrow’s financial landscape, supported by SOC 2 Type II, ISO/IEC 27001:2022, ISO/IEC 27701:2019, ISO 22301:2019, and ISO/IEC 42001:2023 accreditations. Over recent years, the company has established a robust international compliance framework, highlighted by major achievements such as AUSTRAC registration in Australia, a MiCA license within Europe, and regulatory advancements across additional jurisdictions.

Learn more at www.kucoin.com.

Disclaimer

The information is for corporate PR purposes only and does not constitute endorsement or investment advice.

Short FAQs

• What is the price of GNOT in the KuCoin Spotlight pre-listing subscription?
  The subscription price is set at $0.0645 per token for a total of 7,751,938 GNOT.
• What payment currencies are accepted for the GNOT subscription?
  Users can subscribe using KCS, USDT, and the newly added USDG.
• How are tokens allocated if the campaign is oversubscribed?
  An oversubscription model uses pro-rata allocation, meaning eligible subscribers receive token amounts proportional to the funds they committed.
• Is there a buyback protection option available?
  Yes, participants can opt into an optional conditional post-listing buyback mechanism during the subscription process, subject to specific terms during the first seven days post-listing.