Posted 1 year ago | by Ben Armstrong
New Campaign Launch to Celebrate the Listing of Algorand’s token (ALGO) in The Syndicate
Crypto.com is a cryptocurrency platform and payment platform, allowing users to buy, sell, send, and track cryptocurrencies in a safe and fast way.
To get advantage of the listing of this new token and the benefits of this campaign, click here. By signing up you will also be able to enjoy all of Crypto.com features and get $50 if you sign up for the MCO card.
Crypto.com Exchange Lists ALGO with a $500,000 Allocation at 50% OFF for CRO Stakers
According to a blog post published on July 2 of2020, the Hong Kong-based cryptocurrency platform Crypto.com has announced the listing of the Algorand token (ALGO) on The Syndicate platform.
There will be a discounted sale event that allows all Crypto.com Coin (CRO) stakers to participate and get $500,000 worth of ALGO at 50% off.
The listing event will start on Tuesday, 14 July 2020 on the Crypto.com Exchange.
Total Algorand Supply: $500,000 worth of ALGO token
Discount rate: 50%
Syndicate Allocation Subcription
The maximum amount of CRO per participant that can be applied to the listing event will depend on the amount of CRO Staked on the Crypto.com Exchange.
By contributing an amount of CRO tokens not exceeding the respective maximum allocation, all Crypto.com Exchange users will be able to subscribe to ALGO tokens.
Staked CRO tokens may not be used to subscribe for ALGO tokens in the listing event.
Timeline of the Event
Sale begins: Tuesday, 14 July 2020, at 06:00 am UTC. ALGO/CRO subscription price fixed.
Sale ends: Wednesday, 15 July 2020, at 06:00 am UTC.
Acceptance period starts: Thursday, 16 July 2020 at 06:00 am UTC.
Acceptance period ends: Friday, 17 July 2020 at 06:00 am UTC. CRO refunds will be distributed for forfeited participants
Syndicate Allocation Distribution
Upon acceptance or rejection of the final ALGO allocation, ALGO will be distributed immediately as well as CRO refunds.
Listing event participants will receive their finalized ALGO token allocation at Distribution Time.
In case the total contributed amount for the listing event is more than the total discounted allocation, each individual participant’s final ALGO token allocation will be calculated as the target informed on the Crypto.com website.
Notes to Keep in Mind
ALGO will be listed on the Crypto.com Exchange on Tuesday, 14 July 2020 with the following trading pairs: ALGO/BTC, ALGO/USDT, and ALGO/CRO.
Crypto.com is on the right to cancel or amend The Syndicate campaign rules at its sole discretion.
The Syndicate campaign is not available for citizens and residents of the United States, China, or Hong Kong.
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