KuCoin to Take Back MTV Tokens From Unfair Buyers

Team found out that 67 participants of recent MultiVAC IEO used scripts to buy tokens instantly, thus creating an “unfair advantage”
10 April 2019   496

The KuCoin cryptocurrency exchange completed an investigation into users who used scripts during the IEO project MultiVAC.

Thus, the marketplace identified 67 participants who used special scripts in the course of a tokensale, which allowed them to complete the procedure for participation in IEO quickly, thereby providing them with an “unfair advantage” over other participants.

KuCoin team decided that these users would not receive acquired tokens - they had already returned the spent KCS to them, and the corresponding number of MTV tokens would be given to MultiVAC.

At the same time, KuCoin distributed tokens among those investors who clicked the “Buy Now” button, but did not receive the coins.

Finally, users will receive their tokens after an additional round of MTV sales, which will be held April 9th.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   617

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.