THE C2X Sale AND $CTX ARE NOT BEING OFFERED IN THE UNITED STATES OR TO ANY U.S. PERSONS. IF YOU ARE LOCATED IN, INCORPORATED OR OTHERWISE ESTABLISHED IN, OR A RESIDENT OF THE UNITED STATES OF AMERICA, YOU ARE NOT PERMITTED TO PARTICIPATE IN THE C2X Sale OR TO PURCHASE ANY CTX TOKENS.
Prepare for the Sale
Take a moment to familiarize yourself with C2X (scroll to the bottom of this article).
Note: Any user who does not stake 150 FTT by 13:00 UTC, March 17th will NOT be allowed to participate in this Sale. Additionally, any user who has not been approved at KYC level 2 will NOT be allowed to participate in this Sale.
Details and guide: https://ftx.com/c2x-ieo
To bid during the Sale, make sure you read the rules below and complete the following beforehand:
- Register your FTX account and submit KYC level 2. Due to a large inflow of new sign ups, any account that is registered past 13:00 UTC 2022-03-11 will not be guaranteed entry into the Sale.
- There is no guarantee of your right to participate in the Sale or to receive any allocation.
- Set an alarm in advance: the Sale starts at 13:00 UTC, 2022-03-18.
- Prepare funds to bid: at least 480 USD(T), and at most 502.5 USD(T) and 5 FTT per ticket.
- You will have one hour to bid: between 13:00 UTC, 2022-03-18 and 14:00 UTC, 2022-03-18.
- Buy/Stake FTT to lock in your additional ticket allotment 24 hours before the Sale. This means before 13:00 UTC, 2022-03-17.
- Await the results.
- There are 2,000 accepted tickets in total, each ticket for 6,700 CTX. At 14:00 UTC, we’ll raffle off the allocations. The minimum bid is $480 and the maximum bid is $502.5 + 5 FTT ($0.075 per CTX + 5 FTT). They will go to the highest bidders. In the event that there are over 2,000 tickets each bidding US $502.5 per ticket + 5 FTT, we’ll allocate randomly between them.
- Within a few hours of determining the allocations, the trades will print to the winning buyers’ subaccounts, and they will be able to transfer (non-CTX) funds out of the CTX-IEO subaccount.
- If you do not win, your funds will be returned.
- If you bid FTT but would have won the auction without it, the FTT will be returned.
- All FTT paid will be burned.
Rules for Bidding
Each bid ticket, if filled, will result in a trade: you will pay the bid price and receive 6,700 CTX tokens. You can enter the number of tickets you would like to submit. Each ticket is an additional entry for another 6,700 CTX tokens, so several could theoretically be filled.
- Any user who qualifies for the Sale (where the account is approved to at least KYC level 2 and has 150 FTT staked) will receive 1 ticket. You may be able to purchase additional tickets based on additional FTT staked above the minimum staking requirement.
FTT staked by 13:00 UTC, 2022-03-17:
- ≥ 150: 1 ticket
- ≥ 290: 2 tickets
- ≥ 420: 3 tickets
- ≥ 540: 4 tickets
- ≥ 650: 5 tickets
- ≥ 750: 6 tickets
Please note the following:
- FTT staked will be summed across all your ftx.com subaccounts.
- Your maximum number of tickets gets locked in based on the amount staked 24h before the Sale. We will indicate on this page what numbers are final a few hours after that.
- Please carefully review our Terms of Service, as they pertain to trading activity and KYC submission.
- All participants agree to abide by the FTX Terms of Service.
- Any participants found violating the FTX Terms of Service will be disqualified.
- FTX reserves the right to amend the Terms and Conditions of this Sale without prior notice.
- Multiple entrants from a single user are strictly prohibited and will result in disqualification.
- US residents or residents of any FTX restricted jurisdiction are strictly prohibited.
- Reselling purchased CTX to a resident of the US or any restricted jurisdiction is strictly prohibited.
THE C2X Sale AND $CTX TOKENS ARE NOT AND WILL NOT BE OFFERED IN THE UNITED STATES OR TO ANY U.S. PERSONS (AS DEFINED IN REGULATION S PROMULGATED UNDER THE U.S. SECURITIES ACT OF 1993, AS AMENDED).
What is C2X?
C2X is a blockchain gaming platform with the purpose of accelerating mass adoption of Web3 gaming, and CTX is the platform token. The C2X platform was developed by Com2uS Group, with Terraform Labs, and Hashed as advisors. C2X provides an end-to-end solution for blockchain games including token economics, NFT marketplaces and wallets. Its highly scalable design allows players to easily manage digital assets that are linked to various games participating in the platform and create new sources of value by creating their own NFTs. C2X plans to establish itself as an independent global blockchain ecosystem, starting with 10 blockchain games planned to release in 2022.
C2X envisions an ecosystem where everyone can create value
The C2X platform is an ‘Open Platform’ where game providers can easily adopt without having difficulties in applying blockchain technology to their games. This is possible because we are providing a software development kit C2X SDK, which is linked to the Terra Mainnet, a globally renowned and a stable blockchain.
Through the C2X platform, diverse contents with excellent quality will be uploaded constantly to the ecosystem. Changes are not only limited to the game provider side. CTX holders will be able to be in charge in evolving the platform by voting for product launches, making policies, and so much more.
Eventually, it aims to become an ‘Inclusive Gaming Platform’ where CTX holders and game providers can create value together through its unique ecosystem.
C2X has teamed up with leading global companies as key partners to better facilitate stakeholders’ investment value, continuously provide high-quality content, and operate a sustainable blockchain ecosystem.
Com2uS Holdings & Com2uS as MCP (Master Content Providers)
Com2uS Platform for SDK
Terraform Labs as Advisor
HASHED as Advisor
For further information on C2X, please see here.
For more details please refer to the Whitepaper.
Total CTX: 2,000,000,000
Total CTX for Sale during FTX IEO: 13,400,000
Unlocked after IEO: Yes
Contact support: https://ftx.com/support