Sui: It is expected to randomly allocate 96000 whitelist qualifications to 180000 accounts
On April 20th, according to an official announcement, Sui has stopped receiving Recognition Sale applications. Recognition Sale will be open to community member
On April 20th, according to an official announcement, Sui has stopped receiving Recognition Sale applications. Recognition Sale will be open to community members who joined Discord before February 1st, with a theoretical number of qualified members just exceeding 340000 accounts. At present, the total number of final submissions for Recognition Sale is 180000, and the Sui Foundation has developed a random selection algorithm for this purpose. It is expected that 96000 winning accounts will be randomly selected from the accounts of 180000 submitters. Users in regions with unclear regulatory regulations may need to perform other participation steps. The Sui Foundation will start contacting whitelist users via email on April 20, 2023, and activate the whitelist on the trading platform on April 21.
Sui: It is expected to randomly allocate 96000 whitelist qualifications to 180000 accounts
– Introduction: Overview of Sui Recognition Sale and its official announcement.
– Eligibility criteria for Recognition Sale: Members who joined Discord before February 1st, 2023.
– Number of qualified members: Just exceeding 340000 accounts.
– Total number of submissions: 180000
– Random selection algorithm: Developed by the Sui Foundation.
– Expected winners: 96000 out of 180000 submitters.
– Participation steps for users in regions with unclear regulatory regulations.
– Whitelist activation: The Sui Foundation will start contacting whitelist users via email on April 20, 2023, and activate the whitelist on the trading platform on April 21.
– Conclusion: Overview of the key points discussed in the article.
– FAQs
Sui Recognition Sale: Eligibility Criteria, Random Selection, and Whitelist Activation
Sui, the cryptocurrency exchange platform, has recently made an official announcement regarding its Recognition Sale program. According to the announcement, Sui has stopped receiving new Recognition Sale applications. Instead, the Recognition Sale will be open to community members who joined Discord before February 1st, 2023. In this article, we will discuss the eligibility criteria, the total number of submissions, the random selection algorithm, and the whitelist activation for the Sui Recognition Sale.
Eligibility Criteria for Recognition Sale
To participate in the Sui Recognition Sale, users must be a member of the Sui Discord community. However, the platform has set a cutoff date for membership eligibility. Users must have joined the community before February 1st, 2023, to be eligible for the Recognition Sale program. This ensures that the Recognition Sale program will be accessible to long-term members of the community, rather than newcomers.
Number of Qualified Members and Total Submissions
According to the official announcement, the total number of qualified members is just exceeding 340000 accounts. However, the total number of submissions for the Recognition Sale is 180000. This means that not all eligible members have submitted their applications for the Recognition Sale.
Random Selection Algorithm
To select the winners for the Recognition Sale program, the Sui Foundation has developed a random selection algorithm. The algorithm will randomly select 96000 winning accounts from the total number of submissions. This ensures that the selection process is fair and transparent.
Participation Steps for Users in Regions with Unclear Regulatory Regulations
Users in regions with unclear regulatory regulations may need to perform additional participation steps to join the Recognition Sale. These additional steps will be communicated to users via email.
Whitelist Activation
The Sui Foundation will start contacting whitelist users via email on April 20, 2023, and activate the whitelist on the trading platform on April 21. Whitelist users will have access to the Recognition Sale program and will be able to purchase Sui tokens at a discounted rate.
Conclusion
In conclusion, the Sui Recognition Sale program is for community members who joined before February 1st, 2023, and the total number of submissions for the program is 180000. The Sui Foundation has developed a random selection algorithm that will choose 96000 winning accounts. Users in regions with unclear regulatory regulations may need to perform additional participation steps, and the whitelist activation will be on April 21.
FAQs
1. Can I still join the Recognition Sale program if I joined the Sui Discord community after February 1st, 2023?
– No, only users who joined the community before February 1st, 2023, are eligible for the Recognition Sale program.
2. What is the benefit of participating in the Sui Recognition Sale program?
– Participants in the program will be able to purchase Sui tokens at a discounted rate.
3. What happens if my account is randomly selected as a winner in the Sui Recognition Sale?
– If your account is randomly selected as a winner, you will be able to purchase Sui tokens at a discounted rate.
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