Great news! After a year-long wait, the CoinList platform has just announced the launch of a new token called CYBER. This token will serve as the project's native currency for CyberConnect, and many crypto enthusiasts are crossing their fingers for a successful launch.
CyberConnect is a decentralized social graph protocol that operates on the BNB Smart Chain blockchain. Its primary aim is to help users establish and manage social connections across multiple platforms and projects.
If you want to learn more about this project, be sure to check out our dedicated article on the website. But for now, let's focus on the CYBER token sale and how you can participate.
If you want to learn more about this project, be sure to check out our dedicated article on the website. But for now, let's focus on the CYBER token sale and how you can participate.
Key information about the ICO:
- Sale date: May 18th
- Total tokens for sale: 3 million (with the possibility of adding 2 million more tokens at the discretion of the CyberConnect team). This represents 3% of the total token supply;
- CYBER price: $1.8;
- Lockup period: 25% will be unlocked on TGE, followed by a 6-month vesting period starting in Q4, 2023;
- Minimum buy-in: $100, maximum: $500 (with the possibility of increasing the limit up to $2000 upon request).
Priority queue
It's common for more people to want to buy tokens than there are tokens available for sale. To show appreciation for those who have been active in the project, the CyberConnect team has decided to give priority to certain users during the token purchase process. To be considered for priority status, you'll need to connect your wallet, which should contain the necessary information, during the registration process. The team took a snapshot of these wallets on April 26th. To qualify for priority status, users must meet specific criteria, such as:
- Owning a premium ccProfile
- Being an active member of the CyberConnect FanClub
- Collecting a certain number of W3ST tokens
- Holding early Discord participant roles
- Owning Mystery Box or The Shards NFTs
- Earning NFTs through project activities
- Making contributions to CyberConnect via Gitcoin
How to participate
To participate in the CyberConnect ICO on CoinList, you need to register on the platform and complete the KYC verification process. Verification may take some time. You also need to register for the sale itself by May 15th using the provided link. All the details can be found there. Please note that there are restrictions for citizens of certain jurisdictions.
During the registration process, you will be asked questions related to the CyberConnect project. Here are the answers:
1. 3,000,000.
2. Users in the waiting room for the sale will be given.
3. CyberConnect is a decentralized social network…
4. $USDC, USDT.
5. $1.80 per token, maximum purchase of $500.
6. The user's purchase may be canceled and the user may…
7. CoinList.co.
8. The user's account will be terminated…
As mentioned above, at the end of the process, you can link a wallet that confirms your active participation in the project, but this is not a mandatory requirement.
During the registration process, you will be asked questions related to the CyberConnect project. Here are the answers:
1. 3,000,000.
2. Users in the waiting room for the sale will be given.
3. CyberConnect is a decentralized social network…
4. $USDC, USDT.
5. $1.80 per token, maximum purchase of $500.
6. The user's purchase may be canceled and the user may…
7. CoinList.co.
8. The user's account will be terminated…
As mentioned above, at the end of the process, you can link a wallet that confirms your active participation in the project, but this is not a mandatory requirement.
About the CYBER token and its airdrop
CYBER is the token of the CyberConnect protocol, and it serves the following functions:
- Governance: CYBER token holders will have voting rights on various issues related to the CyberConnect project.
- Payment for CyberProfile minting
- Payment for gas in CyberWallet
- Incentives for users
The total supply of CYBER tokens will be 100 million. The distribution scheme is shown in the table below.
CYBER token distribution. Source: link3.to/cyberconnect
As we can see, 12% of the token supply is designated to be distributed to the community, which means there is a chance to receive a retroactive airdrop. To be eligible for it, you need to support the project and be an active user. You can find more information about this in our separate article on the website.
Dmytro Psevdonimenko
Author
Has been exploring the enigmas of the crypto industry since 2017, transforming them into accessible narratives. Relies on dark chocolate and nuts as a secret source of energy and inspiration.
