Dear CoinEx users:
The project info of Spice (SPICE) is now available for Accelerator info display from Jul 30, 2019. The details are as follows:
1. Display duration: Now - 2:00 Aug 6, 2019 (UTC)
2. Subscription duration: 2:00 - 12:00 Aug 6, 2019 (UTC)
3. Drawing time: 12:00 Aug 6, 2019 (UTC)
About Spice (SPICE)
Website | Explorer | Whitepaper
Spice is an appreciation token that integrates and ranks social network content.
Built on the Simple Ledger Protocol(SLP) for BCH blockchain. By utilizing SpiceBot, Spice works with services such as SpiceFeed which captures all tip content and aggregates it into an overview
of the hottest content happening across multiple social networks, eg. Telegram, Twitter, Reddit.
1. Total: 50,000,000 SPICE
2. Proportion: 1,000 shares, subscribing 50,000 SPICE per share
3. Subscription coin: CET, BCH, and users may choose any coin type as they prefer
4. Subscription price: 0.0002 USD
1. Complete primary ID verification before 9:00 Aug 6, 2019 (UTC+8)
2. Answer ALL questions correctly
3. Holding requirements: Based on their Min. CET holdings in 5 days before Subscription or SPICE holdings 1 hour before Subscription, users can get extra Subscription quota up to 5+5 shares.
For instance, the Min. CET holding of User A in 5 days before Subscription is 60,000; Meanwhile, his/her SPICE holding 1 hour before Subscription is 1,000,000. In this case, the total Subscription quota of User A will be 2+3=5 shares.
|Min. CET holdings in 5 days before Subscription||Subscription quota|
|10,000 ≤ X < 50,000||1|
|50,000 ≤ X < 100,000||2|
|100,000 ≤ X < 200,000||3|
|200,000 ≤ X < 500,000||4|
|SPICE holdings 1 hour before Subscription||Subscription quota|
|100,000 ≤ Y < 500,000||1|
|500,000 ≤ Y < 1,000,000||2|
|1,000,000 ≤ Y < 2,000,000||3|
|2,000,000 ≤ Y < 5,000,000||4|
|Y ≥ 5,000,000||5|
1. CET Holdings: CoinEx will start recording your CET holdings at the time of info display and calculate the 5-day Min. CET holdings at 2:00 Aug 1, 2019 (UTC). To guarantee your Subscription shares, please make sure to have enough CET during the required period.
2. SPICE Holdings: CoinEx will snapshot your SPICE holdings at 1:00 Aug 6, 2019 (UTC). To guarantee your Subscription shares, please make sure to have enough SPICE during the required period.
How the Draw works
We assign a consecutively increasing number to each Subscription chronically, take the latest Bitcoin block hash by the Subscription ends as a random number seed, and then perform a draw from all applications based on the random number result. More details: https://github.com/coinexcom/lucky_number/blob/master/lucky_number.py
1. To participate in SPICE Subscription, please make sure to have your account verified and meet the holdings requirement within the required period.
2. The Accelerator is ONLY available for Main account; Sub accounts are NOT qualified for the promotion.
3. To avoid drastic change of price, CoinEx will confirm the purchase rate of all supported coins 24 hours before acceleration.
4. For answers to questions in Accelerator support, please refer to Project Info and CoinEx introductions. Click HERE to read through in advance for the right answers.
1. Deposit & Withdrawal: 9:30 July 30, 2019 (UTC+8)
2. Trading pairs: SPICE/BCH, SPICE/CET
3. Opening method:
To reduce the risk of drastic market fluctuation due to lack of liquidity, the Accelerator will adapt Call Auction as its opening method this time and the details are as follows:
1) During Call Auction, users may place orders freely and these orders will remain unexecuted in the market, displayed in the trading volume priority principle for real-time price reference.
2) To avoid price manipulation, Call Auction is scheduled in 2 phases: In Phase 1, orders can be placed and cancelled while in Phase 2, users may continue to place orders and these orders cannot be cancelled.
3) An opening price will be matched by the completion of Call Auction and users may trade freely in the market.
4. Opening time:
1) Call Auction Phase 1:
2019-08-06 12:15 - 2019-08-06 12:45 (UTC+8)
Orders can be placed and cancelled
1) Call Auction Phase 2:
2019-08-06 12:45 - 2019-08-06 13:00 (UTC+8)
Orders can be placed but NOT cancelled
4. Trading: 13:00 Aug 6, 2019 (UTC+8)
We are careful and strict when it comes to selecting projects for Accelerator yet due to the drastic fluctuation and uncertainty of cryptocurrency market, we strongly suggest that all users evaluate the risks you can handle before participation.
CoinEx reserves the rights of final explanation for rules of “Accelerator”.
Jul 30, 2019