The first public sale of SUI tokens will be placed on April 23 on OKX Jumpstart in the form of a token allocation lottery, according to the official statement. Those with OCD will be able to use them to buy lottery tickets. Users with winning tickets will then be eligible to receive SUIs. Moreover, Sui ecosystem contributors will be eligible for an additional recognition sale.
OKX Announces Initial SUI Token Public Sale on April 23 for $0.1
The event was announced on OKX‘s official Twitter account with the tweet “🌊 Get ready for the Suinami 🌊”.
Users must be included on the Sui Foundation’s official whitelist in order to take part in Accreditation Sales. Up to 1,500 SUI from a total of 25,000,000 SUI can be purchased by whitelisted users for merely $0.03. Moreover, the tokens will be entirely unlocked at the mainnet launch.
After that, during the OKX Jumpstart event, whitelisted users can buy SUI using OKB. The token distribution lottery will still be open to anybody taking part in this special event.
About Registration
The dates for registration are April 23, 2023, 02:00 UTC, to April 24, 2023, 02:00 UTC. Your capacity to purchase tickets is based on the average number of OKBs held in the three days prior to registration (April 20–22).
A daily snapshot of your holdings for these three days is used to determine this. Up to 4 tickets may be obtained for each OKB token held. Each winning ticket contains 100 SUI, and your OKB will be reimbursed for each losing ticket you purchase. Each user is only eligible to receive a maximum of 100 winning tickets (10,000 SUI).
Over the course of a year, the awarded SUI tokens will be dispersed. Users will have immediate access to 1/13 of their tokens when the quantity of winning tickets has been verified. Also, an additional 1/13 can be unlocked on the same day each month. The user’s Funding account will automatically get unlocked SUI tokens.
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