MEXC Will Launch the 7th Session of Launchpad with Age of Zalmoxis (KOSON)

Dear Users,

The 7th session of MEXC Launchpad is kicking off! MEXC Launchpad provides users worldwide with a low-cost opportunity to invest early in project tokens.

The project for this session is Age of Zalmoxis (KOSON).

Participation link: https://www.mexc.com/launchpads/assessment

Age of Zalmoxis (KOSON) Introduction>>>

Token Sale Details:

• Token Name: Age of Zalmoxis (KOSON)
• Total Supply: 270,000,000 KOSON (Initial)
• Tokens Allocated to MEXC Launchpad: 1,000,000 KOSON
• Public Sale Price: 1 KOSON = 0.1 USDT
• Token Sale Format: Subscription
• Supported Sessions: MX, USDT

How to Participate:

• You can either commit MX or USDT to subscribe to the token allocation. 
• MEXC will record users' MX holdings and USDT holdings for 4 days, from 2022-09-23 16:00 - 2022-09-27 15:59 (UTC). The max amount of MX or USDT you can commit depends on the daily average balance of MX or USDT in your Spot Wallet over the snapshot period.

The timeline is shown below:

1. Snapshot Period: 2022-09-23 16:00 - 2022-09-27 15:59 (UTC)

Daily Position Calculation:

• Daily average position of MX = Sum of smallest MX positions held during 4 days/4 days
• Daily average position of USDT = Sum of smallest USDT positions held during 4 days/4 days

MEXC will record the user’s MX and USDT holdings during the snapshot period.
Users must meet the minimum average daily holding amount during the snapshot period.

2. Subscription Period: 2022-09-27 21:00 - 2022-09-28 09:00 (UTC)

• Subscription will open at this time for all eligible users.
• You must click on the button to commit a certain amount of MX or USDT towards the new project during the subscription period.
• Please note that once committed, your MX or USDT will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals, or trading until final token distribution.

3. Distribution Time: 2022-09-28 10:30 (UTC)

For the MX Session:

• The initial rough calculation of each participant’s final token allocation is: (Individual committed MX/ Total committed MX by all participants) * 800,000 KOSON
• The amount of MX to be deducted = (participant’s final token allocation *0.1 USDT) / MX average price.
• The average price of MX will be the average closing price from September 24 to September 27 based on the UTC+8 time zone.

For the USDT Session:

• The initial rough calculation of each participant’s final token allocation is: Individual committed USDT/ Total USDT committed by all participants) * 200,000 KOSON
• The amount of USDT to be deducted= Participant’s final token allocation *0.1 USDT.

4. KOSON/USDT Trading: 2022-09-29 12:00 (UTC)

5. KOSON deposits: To be confirmed

6. KOSON withdrawals: 2022-09-30 12:00 (UTC)

Terms & Conditions

• To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX/USDT tokens in the user’s account will be locked. The locked tokens during the event period will not be withdrawable or traded. Please participate at your own discretion.
• Users must complete KYC to participate in this event.
• MEXC reserves the right to interpret this event at our sole discretion.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent, and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.

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Enjoy trading on MEXC.

The MEXC Team

22 September 2022