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Coin Terminal user claims $10K lottery prize even after refund, highlighting new DeFi model


by Devesh Kumar
for Invezz
Coin Terminal user claims $10K lottery prize even after refund, highlighting new DeFi model

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Coin Terminal rewards investors with refunds and a free on-chain lottery, offering fairness and transparency in Web3 launches.

Coin Terminal, the open-access Web3 launchpad pioneering refund protection for investors, has introduced a new way to reward its community by combining money-back guarantees with a free lottery entry.

The latest $10,000 lottery winner, Yurii Ovsii, a 44-year-old Ukrainian refugee now living in Florida, discovered that even after refunding his investment in a canceled project, he remained eligible to win the monthly prize.

The move underscores Coin Terminal’s mission to merge fairness, transparency, and accessibility in decentralized finance.

Winner turned refund participant finds unexpected fortune

Yurii Ovsii, a DeFi enthusiast and early-stage investor, had pledged $14,000 to Project Merlin, a decentralized Web3 ecosystem aimed at empowering startups.

When Binance opted to cancel the project’s Alpha listing, Coin Terminal honored its 100 percent refund policy, returning Ovsii’s investment without issue.

Days later, he received a surprise notification: he had won the platform’s on-chain $10,000 crypto lottery.

Yurii Ovsii said:

I couldn’t believe it when Coin Terminal contacted me to let me know that I’d won. I’m going to use this money to enter more launches and take my family on a holiday. I feel blessed to have won even though I had refunded my entry.

Coin Terminal’s monthly lottery automatically enrolls all users who contribute $250 or more to any sale, regardless of whether they later withdraw their funds.

In the lottery that Ovsii won, 1,200 participants were entered.

To ensure credibility and fairness, winners are selected through Chainlink’s Verifiable Random Function (VRF), which offers a publicly auditable and provably fair random number generator recorded on-chain.

Launchpad redefines investor trust in DeFi

Coin Terminal’s approach highlights a new philosophy in decentralized fundraising: empowering users with both opportunity and protection.

By providing full refund rights, it minimizes investment risk for participants while still offering exposure to promising Web3 ventures.

The addition of a free lottery entry functions as both a reward for participation and a gesture of goodwill toward retail investors.

Unlike many platforms that impose token-staking or tier-based entry requirements, Coin Terminal is fully open-access, allowing anyone to join presales without prior commitments.

Its partnerships with leading venture capital firms, including Coinbase Ventures, Animoca Brands, DCG, OKX Ventures, and Binance Labs, give users the rare chance to co-invest alongside top-tier institutional backers.

Since its founding in 2024, Coin Terminal has helped launch more than 80 projects, including AIT Protocol, StarHeroes, and K9 Finance.

Its focus on transparency, inclusivity, and credibility continues to resonate with a growing investor base that values safety as much as potential returns.

By integrating verifiable fairness, trusted VC partnerships, and a unique blend of security and excitement, Coin Terminal is redefining how retail investors engage with decentralized launchpads, making each investment a potential win in more ways than one.

The post Coin Terminal user claims $10K lottery prize even after refund, highlighting new DeFi model appeared first on Invezz

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Coin Terminal user claims $10K lottery prize even after refund, highlighting new DeFi model


by Devesh Kumar
for Invezz
Coin Terminal user claims $10K lottery prize even after refund, highlighting new DeFi model

Share:

Coin Terminal rewards investors with refunds and a free on-chain lottery, offering fairness and transparency in Web3 launches.

Coin Terminal, the open-access Web3 launchpad pioneering refund protection for investors, has introduced a new way to reward its community by combining money-back guarantees with a free lottery entry.

The latest $10,000 lottery winner, Yurii Ovsii, a 44-year-old Ukrainian refugee now living in Florida, discovered that even after refunding his investment in a canceled project, he remained eligible to win the monthly prize.

The move underscores Coin Terminal’s mission to merge fairness, transparency, and accessibility in decentralized finance.

Winner turned refund participant finds unexpected fortune

Yurii Ovsii, a DeFi enthusiast and early-stage investor, had pledged $14,000 to Project Merlin, a decentralized Web3 ecosystem aimed at empowering startups.

When Binance opted to cancel the project’s Alpha listing, Coin Terminal honored its 100 percent refund policy, returning Ovsii’s investment without issue.

Days later, he received a surprise notification: he had won the platform’s on-chain $10,000 crypto lottery.

Yurii Ovsii said:

I couldn’t believe it when Coin Terminal contacted me to let me know that I’d won. I’m going to use this money to enter more launches and take my family on a holiday. I feel blessed to have won even though I had refunded my entry.

Coin Terminal’s monthly lottery automatically enrolls all users who contribute $250 or more to any sale, regardless of whether they later withdraw their funds.

In the lottery that Ovsii won, 1,200 participants were entered.

To ensure credibility and fairness, winners are selected through Chainlink’s Verifiable Random Function (VRF), which offers a publicly auditable and provably fair random number generator recorded on-chain.

Launchpad redefines investor trust in DeFi

Coin Terminal’s approach highlights a new philosophy in decentralized fundraising: empowering users with both opportunity and protection.

By providing full refund rights, it minimizes investment risk for participants while still offering exposure to promising Web3 ventures.

The addition of a free lottery entry functions as both a reward for participation and a gesture of goodwill toward retail investors.

Unlike many platforms that impose token-staking or tier-based entry requirements, Coin Terminal is fully open-access, allowing anyone to join presales without prior commitments.

Its partnerships with leading venture capital firms, including Coinbase Ventures, Animoca Brands, DCG, OKX Ventures, and Binance Labs, give users the rare chance to co-invest alongside top-tier institutional backers.

Since its founding in 2024, Coin Terminal has helped launch more than 80 projects, including AIT Protocol, StarHeroes, and K9 Finance.

Its focus on transparency, inclusivity, and credibility continues to resonate with a growing investor base that values safety as much as potential returns.

By integrating verifiable fairness, trusted VC partnerships, and a unique blend of security and excitement, Coin Terminal is redefining how retail investors engage with decentralized launchpads, making each investment a potential win in more ways than one.

The post Coin Terminal user claims $10K lottery prize even after refund, highlighting new DeFi model appeared first on Invezz

Read the article at Invezz

In This News

Share:

In This News

Share:

Read More

67% of Binance traders are long on Chainlink – Is LINK ready to reclaim $14.15?

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Binance traders are heavily long on LINK, but price structure suggests the next move ...
Terrifying Solana flaw just exposed how easily the “always-on” network could have been stalled by hackers

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