bitsCrunch, a decentralized AI-powered data network, is ushering in a new era in blockchain analytics with its native utility and governance token, BCUT (bitsCrunch Token). CoinList will host the public sale of BCUT, making 6% of the total token supply of 60,000,000 BCUT available for purchase.
The BCUT token sale on CoinList is set to kick off on December 14, 2023, at 17:00 UTC, and the Community Sale will present 3.6 million BCUT tokens at a rate of $0.055 per token. Registration for the sale closes on December 11, 2023, at 12:00 UTC.
At the heart of the bitsCrunch network’s mission to decentralize blockchain analytics and forensics lies the BCUT token, designed exclusively as a utility token to streamline network operations. The token employs cryptographic techniques and economic incentives to ensure secure and efficient network functionality, promoting adoption and upholding security within the bitsCrunch ecosystem. The bitsCrunch network is rapidly expanding, attracting top companies from both the Web2 and Web3 sectors.
In the bitsCrunch Community Sale, participants can acquire BCUT tokens with flexibility, ranging from $50 to $2000. The sale offers a favorable rate of $0.055 per BCUT for community members. After the public sale, buyers will enter a lock-in period until the mainnet launch, with a 20% unlock at the Token Generation Event (TGE) followed by a 12-month linear release expected around January 24, 2024. During the community sale, an additional 10,000,000 BCUT tokens may be available for purchase at the discretion of bitsCrunch. Users pre-funding with a minimum of $350 in BCUT qualify for an extra 450 BCUT.
To participate in the bitsCrunch Community Sale, users must fund their wallets with a minimum of $50 in USDT or USDC before the registration deadline (December 11, 2023, at 12:00 UTC). Full funding of the CoinList wallet with the desired purchase amount is required before completing a transaction in the community sales. Users cannot fund their wallets once the sale starts on December 14 at 17:00 UTC. Completion of KYC/AML checks is mandatory for participation.
Additional allocation requests can increase the maximum purchase amount within the community sale. Participants buying the maximum amount of BCUT tokens at $2000 can request an additional allocation. Post-sale, unsold tokens will be randomly allocated to participants who submitted this request, with a maximum request of $2000 in additional tokens.
Participants ranking within the top 2000 in Testnet Task 3 have the opportunity to join the priority queue for the upcoming BCUT community sale on CoinList, provided they have a KYC-fulfilled CoinList account and completed the community sale registration. Residents of restricted jurisdictions are not eligible to participate.
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