To thank all the users for their support as always, we will be launching a campaign together with the VIMworld project to give away a reward pool of $30,000 in VEED to qualified KuCoin users.
VIMworld is a Smart NFT project built on the VeChainThor blockchain, focusing on VIM collectibles. Users can collect beautiful and high-quality collectibles and immerse themselves in the VIMworld storyline, events, and get rewarded for it.
VEED is the ecosystem utility and governance token and is used for a variety of utilities within the VIMworld Ecosystem, including VIM feeding, trading, adoption, farming, gaming, rewards, governance, and more.
Know more about VIMworld: https://www.vimworld.com/
The campaign will run from 11:00:00 on September 7, 2021 to 11:00:00 on September 14, 2021 (UTC).
Activity 1: Catch the GameFi Mainstream, Enjoy First Buy Bonus for New VEED Traders!
During the campaign period, a total $8,000 in VEED prize pool will be evenly split between all qualified traders. Users (KYC1 verified) who meet the two requirements below will be considered as qualified traders:
- Have an VEED trading volume (buys + sells) of 10,000 VEED or more over the course of the competition period;
- Add the VEED/USDT trading pair to their Favorites List.
First Buy Bonus: Users who complete their first buy of any of VEED trading pairs during the campaign period and reach a net buying volume of 10,000 VEED will receive a $5 in VEED bonus (limited to first 400 users).
Activity 2: VEED Net Buying Competition, Enjoy a $20,000 in VEED Grand Prize Pool!
All users who have a VEED/USDT and VEED/BTC net buying volume (buys - sells - withdrawals;) that reaches 10,000 VEED or more will be ranked based on the total VEED net buying volume traded on KuCoin during the competition period.
The rewards will be distributed as follows:
|Top 1||$1,000 in VEED|
|Top 2||$800 in VEED|
|Top 3||$700 in VEED|
|Top 4-10||$500 in VEED each|
|Top 11-20||$400 in VEED each|
|All other qualifiers||A share of $10,000 in VEED tokens in proportion to their net buying volume (excluding the top 20 winners)|
*The reward for the qualified users other than the top 20 winners = (Each user’s total net buying volume / all qualified users other than the top 20 winners’ total net buying volume) * $10,000 in VEED.
Join VIMworld’s Telegram: https://t.me/VIMworld
- Trading Volume = buys + sells;
- Net Buying Volume = buys - sells - withdrawals;
- The quantity of rewards will be calculated based on the average closing price of VEED/USDT during the campaign period;
- The Sub-Accounts and Master Account will be treated as the same account when participating in the VEED activity;
- KuCoin will update the top 10 rankings of Activity 2 before 13:00 on September 10, 2021 (UTC). The final rankings will be updated within 5 working days of the campaign ending;
- Rewards will be distributed within 7 working days of the campaign ending;
- The trading activity on the platform will undergo rigorous inspection during the activity. For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants. KuCoin reserves all rights to exercise at its sole discretion to define if the transaction behavior is counted as cheating behavior and determine whether to cancel the participation qualification of a user. The final decision made by KuCoin is with legal binding force to all participants who participated in the competition. Users hereby confirm that their registration and use of KuCoin is voluntary and is not forced, interfered with, or influenced by KuCoin in any way.
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