How to participate in CoinList's first project of 2021, the public sale of Casper (CSPR)?
A public chain project that was once invested in by billionaire Tim Draper's company.This article was published on Blockbeats.
"I've decided to pivot the rest of my career towards crypto."
In February this year, Naval Ravikant, co-founder and CEO of AngelList, recognized as the pioneer of equity crowdfunding globally, expressed this view on Clubhouse. In the crypto space, Naval Ravikant is perhaps better known as the founder of CoinList, a fundraising platform that has gathered numerous star projects, making CoinList a barometer for understanding the hottest blockchain concepts and projects today.
CoinList has brought a certain level of Silicon Valley credibility to the crypto space. Over the past three years, CoinList has launched star projects such as Filecoin and BlockStack; in the past year, the platform has also hosted three rounds of CoinList Seed, introducing projects like Injective Protocol and SnowSwap to the community, with some projects performing exceptionally well, yielding nearly a hundredfold return on investment.
Recently, CoinList opened public sale registration for the first project of 2021, Casper (CSPR), which will exclusively conduct the public sale of the project's tokens from March 23 to March 31, 2021. BlockBeats has compiled previous reports and related content to provide detailed information about this project and the investment guidelines and procedures.
About Casper
According to the introduction, the Casper network, developed by the CasperLabs team, is a PoS public chain optimized for developers to get started quickly, enhance smart contract performance, and facilitate enterprise integration. The consensus mechanism supporting this network is the Highway protocol, which has evolved from the original CBC specification of the Casper PoS blockchain architecture.
As a consensus model that is securely active under the BFT concept, the Highway protocol has made two improvements: it raises the threshold for network finality; and it achieves flexibility that typical BFT models cannot reach. In February this year, the project reached a partnership with the Blockchain-based Service Network (BSN), with plans to launch the mainnet in the first quarter of 2021.
Casper Ecosystem
Financing History
In September 2019, media reported that CasperLabs completed a $14.5 million Series A funding round; in May 2020, legendary cryptocurrency investor Tim Draper's investment firm Draper Goren Holm announced an equity investment in CasperLabs.
In October 2020, Casper Network officially announced the completion of a $14 million private token sale, with participating institutions including ZB.com/ZB Global, Gate.io, Consensus Capital, Cluster Capital, HashKey Capital, AU21 Capital, Blockchange Ventures, GSR, QCP/QSN, RockTree Capital, Stake.Fish, Chain Capital, Sora Capital, Wavemaker, Ropart Asset Management, Waterdrip Capital, AGE Fund, Woodstock Fund, and Oasis Capital. The token price for this portion was $0.01/CSPR, with a requirement for a three-month staking period after the mainnet launch.
Token Distribution Plan
CoinList Account Registration
To participate in the public sale of Casper (CSPR), you need to have a registered CoinList account. Go to the CoinList homepage and click "Get Started" in the upper right corner to enter the registration interface.
Follow the prompts to enter the required information, and after filling it out, click "Create account." Log in to the registered email in the same browser, open the verification email received, and complete the verification by clicking "Verify your email."
If you want to gain eligibility for more projects on CoinList, activate wallet features, etc., you will also need to complete identity verification. Click on "Wallet" on the left side, and a prompt for identity verification will appear. Click "Verify" to enter the verification interface.
Follow the prompts to complete multiple steps including address, personal information, facial recognition, and Google two-factor authentication.
Select individual (not corporate), and you can write your name in pinyin. After completing, click "Save & Continue."
You can choose to fill in China as the country.
Fill in the required information.
Click "Start."
It is recommended to choose the second option and take a photo with your phone.
Use your phone to scan the QR code below and follow the prompts for identity verification.
Fill in your occupation information.
Complete Google verification.
After filling in all information, wait for verification to pass.
Casper Subscription Details
According to the requirements, this public sale of Casper is only open to non-U.S., non-Chinese, and non-Canadian participants within specific jurisdictions. For complete regulations, please visit the website.
The following are key excerpts of information. This subscription is divided into three rounds: Option 1: March 23, 2021, 00:00 UTC - March 31, 2021, 23:59 UTC; Option 2 and Option 3 are the same, specifically from March 30, 2021, 00:00 UTC - March 31, 2021, 23:59 UTC.
Different options correspond to different registration and KYC processes, with specific information for each round as follows:
According to the requirements, the token supply for Option 1 will increase by up to 8%, while the supply for Options 2 and 3 will increase by up to 4%. If adjustments are made, the official announcement will be made no later than March 13. Additionally, subscriptions for Option 1 do not require account address proof, while subscriptions for Options 2 and 3 do require account address proof.
Due to the verification information I provided earlier, after selecting the corresponding option, a prompt will indicate: the registered country does not meet the requirements for this subscription, and participation in this event is temporarily unavailable. However, you can still use other services such as staking and trading on CoinList. Additionally, based on feedback from users, if the address filled in is Hong Kong, China, participation in this event is possible.
According to the organization "Big Orange & Little Tong's Resource Store," this Casper project is suspected to belong to the "channel cooperation" among projects promoted by the CoinList platform, which mainly provides technical and compliance solutions for public sales, typically not heavily promoted on the official website, relying on the project party itself for external promotion, with a more flexible subscription format.
Reference article: “CoinList101 - Why It Is Undoubtedly the Top Blockchain Subscription Platform” Further reading: “Detailed Explanation of CoinList's Latest Project Casper Network, Backed by Billionaire Tim Draper's Company” Official website link: https://coinlist.co/casper CoinList opens Casper registration portal: https://casper.network/
