The KuCoin Crypto Exchange presented details of the initial exchange placement (IEO) of the Trias project, which will be held on May 14th.
As expected, the selection of investors for participation in the campaign will be held in the lottery format. Each user can receive up to 7 tickets and allocation of up to $ 500 per account.
Tickets are issued on the basis of several criteria, including trading volume, participation in the KuCoin Bonus program, use of the KuCoin application for making deals and the number of KCS on the account in the preceding days (up to four tickets).
400,000,000 TRY is offered for sale through KuCoin Spotlight. Thus, with the price of a token of $ 0.004, the project intends to raise up to $ 1.6 million.
According to the Trias website, the project is creating a platform for the execution of smart contracts, the development environment and the ecosystem of interaction.