The $BURP** IDO and IEO — Overview, timeline and token details
The $BURP** Token Launch Event
Get prepared and up to date with everything happening around the token launch scheduled for Monday (July 26th).
Months of hard work are now coming to a near close with the announced IDO on Polkastarter alongside the IEO happening on KuCoin and Gate.io — get ready for your choice of platform for the big event!
Announcing the utility and governance token that will power it all: $BURP **— a token which features both staking and NFT rewards, alongside governance and massive advantages for the ecosystem.**
If you would like to dig deeper into what is being built, make sure to read through everything above. Otherwise, let’s get into the thick of it: all of the details about the token and the three launch events happening in the next few days across the KuCoin and Gate.io platforms!
$BURP** Token Details
- Ticker: $BURP**
- Token Type: ERC-20
- Smart Contract Address: 0x33f391f4c4fe802b70b77ae37670037a92114a7c
- 500 million maximum supply to be reached by 2028
- 47% of these will reach end-users
- 11% to early backers and advisors
- 17% to private rounds
- 25% to be retained by the team
- Public sale — No vesting, no lock-up.
Polkastarter IDO Timeline: Announcement Link
Monday, July 26th
- 10:30 UTC — CoinBurp Telegram community group will be muted (this will be unmuted shortly after listing)
- 11:00 UTC — The Polkastarter pool is now open.
- 14:30 UTC — The pool has now closed. The IDO is done.
Polkastarter Token Sale Details
- Token Allocation: 2,272,727 $BURP**
- Token Price: $0.11
- Individual cap: $250
- Total Raise: $250,000
- Lock-up: None
KuCoin IEO Timeline: Announcement Link
Friday, July 23rd
- 12:00 UTC — Subscription period starts. You can login to your KuCoin account and enter the token sale.
Monday, July 26th
- 00:00 UTC — Subscription period ends.
- 04:00 UTC — KuCoin listing announcement. Deposits are now open.
- 08:00–09:00 UTC — Distribution to the token sale participants takes place.
- 14:30 UTC — Platform-wide trading is now live and open to the general public.
KuCoin Token Sale Details
- Token Allocation: 2,272,727 $BURP**
- Token Price: $0.11
- Individual cap: 150 USDT
- Total Raise: $250,000
- Lock-up: None
Gate.io IEO Timeline — Announcement Link
Saturday, July 24th
- 03:00 UTC — Token giveaway begins. To participate, users will need to be VIP1 and above, and can only participate once with each KYC account.
Sunday, July 25th
- 03:00 UTC — Token giveaway ends. Orders placed by qualified users within the last 24 hours will be treated equally.
- 04:00 UTC — All the qualified orders are collected and distributed. Final results announced.
Monday, July 26th
- 14:30 UTC — Platform-wide trading is now live and open to the general public.
Gate.io Token Giveaway Details
- Token Allocation: 454,545 $BURP**
- Maximum subscription limit for a single user is 1000 shares
Two successful pre-IDOs so far and a full roadmap ahead
Over 50,000 of you waiting have expressed an interest in the big launch, and with two pre-IDO events having already happened with both Launchpool and Genesis Shards, the quest of building the Coinbase for NFTs is in full swing.
About CoinBurp
CoinBurp is a leading cryptocurrency exchange in the UK, offering an easy to go solution to buy, store and transfer the most popular crypto-assets. Beyond crypto trading, the mission is to democratize and simplify access to NFTs.
If you want to know more about Coinburp you can and jump directly to about.coinburp.com — where you can sign-up with your email to be one of the first to receive the latest updates on the latest news including product ideas, developments and the roadmap.
Stay tuned to the social channels and upcoming updates:
** The above tokens are issued by Cede Fields LTD (a company incorporated in the British Virgin Islands) and distributed by Kucoin and Gate.io.
Important Information
Cryptocurrencies are generally not regulated and investors do not have access to recourse or compensation schemes such as, for example, in the UK, the Financial Ombudsman Service or the Financial Services Compensation Scheme. Investing in cryptocurrencies can be high risk and investors should carefully evaluate their appetite for risk and their understanding of trading cryptocurrencies prior to entering into a transaction.
