The OKEx Jumpstart will launch the public sale of SUI tokens on April 23 at 10:00

ChainCatcher news, OKX Jumpstart will launch the SUI new token sale on April 23, 2023 (UTC+8). The event will adopt a subscription lottery model, and there will be additional special activities for contributors to the Sui ecosystem. The total amount for public sale is 225,000,000 SUI, with a sale price of 1 SUI = $0.1, and a personal hard cap of 10,000 SUI, payment is only supported in OKB. The initial total issuance of SUI is 10,000,000,000, with an initial circulation of 480,240,385.

For contributors to the Sui ecosystem, an additional whitelist sale will be opened. Users who complete the Sui Foundation's whitelist verification will enjoy a special benefit of purchasing up to 1,500 SUI at $0.03, with a total of 25,000,000 SUI available, and no lock-up period.

The subscription time is from 10:00 on April 23, 2023, to 10:00 on April 24, 2023 (UTC+8). Calculate the average OKB holding amount for the three days prior to the subscription (April 20-22, 2023). For every 1 OKB held, users can subscribe for 4 lottery tickets, each ticket containing 100 SUI. The more OKB held, the more lottery tickets can be subscribed. A single user can win up to 100 tickets (10,000 SUI). After confirming the winning quantity, on that day, users can only unlock 1/13 of the new tokens, with the remaining unlocking 1/13 at the same time each month, completing the full unlock within a year. (Source link)