KuCoin’s 27th IEO Hosting Lottery for 5M Lifeform (LFT) Tokens: Details

• KuCoin launches its 27th IEO featuring Lifeform (LFT), a project focused on decentralized digital identity solutions.
• The token sale has a $150K USDT hard cap, offering 5M LFT tokens distributed among 3,000 lottery tickets.
• Participation runs from May 6 to May 12; winners will be announced on May 14, and tokens will be distributed on May 15.

Prominent global crypto exchange KuCoin is rolling out its 27th Spotlight Token Sale, an initial exchange offering (IEO) that showcases Lifeform (LFT), an innovator in decentralized digital identity (DID) solutions. The exchange communicated this development in a statement on Thursday via its official website.

The upcoming Spotlight event will include Lifeform’s token sale, which has a hard cap of $150,000 USDT. Notably, the sale will offer 5,000,000 LFT tokens, which will be distributed among 3,000 winning lottery tickets.

Starting on May 6, at 10:00 UTC and running until May 12, 2024, at 16:00 UTC, KuCoin will capture hourly snapshots of users’ USDT and KCS balances. These snapshots will be used to calculate the average Net Asset Value, determining the number of lottery tickets each participant can receive.

The al…

The post KuCoin’s 27th IEO Hosting Lottery for 5M Lifeform (LFT) Tokens: Details appeared first on Coin Edition.