KuCoin has released Bitbns (BNS) token sale details. Users can register for the sale till July 30. The token sale will have first come first serve format for users from India exclusively (51% of IEO allocation) and sale via lottery format for all users who hold an average of 25+ KCS during 15 days period (24.5% of allocation) or who have $1+ in paid transaction fees during 7d period (24.5% of allocation). Flash sale allocation per user: $51(up to 1 winning share per user). Allocation per winning ticket: $200(up to 2 winning tickets per user).
Token sale figures: Total Token Supply: 2.5B BNS (100%) Total % for sale: 11.67% Total hardcap: $4.4M USD Public presale: 4% ($0.008-$0.032 per BNS) for $2.4M Public presale vesting: 10% at listing + 6 month vesting Seed sale: 6% ( $0.0067 per BNS) for $1M Seed sale vesting: 10% at listing + 16 month vesting IEO allocation: 1.67% IEO hardcap: $1M USD IEO price: $0.024 Initial Circulating Supply: $1.36M (56.8M BNS)