Bitget Launchpad Coming Soon: Karmaverse (KNOT)
Bitget Global Users,
We are pleased to announce our new Launchpad project - Karmaverse (KNOT) will be available soon. The Bitget Launchpad is where we handpick the brightest projects that you can access ahead of the pack. Win yourself a chance to purchase tokens in their early stage with BGB by holding or trading.
Featuring Project – Karmaverse (KNOT)
Karmaverse is a metaverse gaming platform based on blockchain technology. It contains multiple game universes produced by Karma Games. KNOT is the native token of Karmaverse.
Check out the detailed report of Karmaverse here.
Details on the KNOT token sale:
- Token Name: Karmaverse (KNOT)
- Total Supply: 210,000,000 KNOT
- Circulating Supply: 3,937,500 KNOT
- Launchpad Hard Cap: 200,000 KNOT
- Total Tickets: 2,000 Tickets
- Each Ticket Contains: 100 KNOT
- Price: 1 KNOT = $0.50 (price in BGB will be announced 2 hours prior to Token Exchange)
- Vesting Period: First 50% released before trading begins (TGE), remaining released 30 days after trading.
- Entry Method: Hold & Gain, Trade More to Earn More
How to participate?
Registration will be available from March 9, 07:00 to March 10, 07:00 (UTC). Registered users are eligible to participate in the token sale to subscribe KNOT.
2. Ticket Redemption
- Hold & Gain
Registered users can hold assets and win lottery tickets from March 9, 07:00 to March 10, 07:00 (UTC) based on their holding amount. A snapshot of users’ assets (Spot and Futures account) will be taken at a random time during the Launchpad duration to calculate the daily holdings.
- Bonus: Trade More to Earn More
Rules: Trade (Spots/Futures) to claim additional tickets on top of what you have!
*Users must obtain at least 1 ticket from the ‘Hold & Gain’ session to participate in the ‘Trading Bonus’ session.
3. Ticket Distribution
We will calculate and distribute the total number of tickets you acquire through holding and trading with us.
4. Token Exchange
You can exchange BGB for equal value of KNOT from March 10, 07:00 to March 11, 04:00 (UTC), proportional to your winning tickets.
5. Token Distribution
According to the project’s vesting schedule*, we will issue 50% of your exchanged tokens to your account before the project is publicly listed while issuing the remaining 50% of those tokens 30 days after listing.
6. Listing Details of KNOT
The KNOT/USDT trading pair will be announced soon. Stay tuned for future updates!
*Do keep in mind that 50% of your exchanged tokens will be issued before trading begins, and the remaining 50% will be issued 30 days after listing.
Buckle up for the launch!
Terms & Conditions
- The system will calculate each participant’s asset according to the snapshot.
- Snapshot will be taken at random timing. Withdrawals during the event might affect data recording and result in a decrease in lottery tickets.
- Participants must complete Identity Verification (KYC) to be eligible for the event.
- Users who are registered under Mainland China are not allowed to participate.
- Users are strongly advised to understand the vesting schedule of the project before participating.
- Bitget reserves the right of final interpretation of this event. If any malicious behaviour or exploitation of platform vulnerability is found, Bitget reserves the right to handle the user's account and assets.
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their own research and invest at their own risk.
March 7, 2022