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How can I participate in Coinlist's upcoming Mina Protocol(MINA) public sale?

2021-03-25 19:14

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On March 23, 2021, after nearly three years of development and testing, a new project by &NBSP;O(1) Labs Mina (formerly Coda), a lightweight blockchain developed by the team, went online on the main network.

The MINA protocol, which is based on zero-knowledge proof ZK-snarks (recommended by V), can reduce the size of the blockchain from a few hundred GB to a whopping 22KB -- the size of two tweets -- and is extremely portable, allowing end users to run verification of MINA's main network and nodes directly from their phones. Read more about the technology"2019's Most Popular Blockchain Project: What Does Coda Look Like?"

Compared to other "paper projects" that have not yet been completed, MINA now has more than 100,000 supporters and validators in more than 120 countries and regions after years of accumulation.

From April 13 to 15, 2021, MINA will launch a public sale of tokens on Coinlist, which is known as a "barbed-for blockchain project". Users who meet the requirements will have the opportunity to buy up to $1,000 of the corresponding token. Based on the previous reports and related content, rhythmBlockBeats explains the project information, participation rules and operation procedures in detail.

Finance course

Since its development in June 2017,Mina's development team O(1) Labs Three rounds of financing have been completed, totaling $29.4 million.

In May 2018, MINA raised 3.5 million seed rounds, which were sold for $0.07 and had an 18-month lock-up period. In April 2019, MINA closed A $15 million Series A funding round, which was sold for $0.15 in tokens, again with an 18-month lock-up period.

By October 2020, MINA had completed a $10.9 million strategic financing, which was unlocked in two ways: 52% of the $0.15 tokens had an 18-month lockup period (about 28.63 million tokens); The $0.25 token was unlocked at the same time as the community sale, on May 31, accounting for 48% (26.42 million tokens).

There are many participating institutions and institutions, including Polychain, Paradigm, Coinbase Ventures and other well-known institutions. Project consultants include Coinlist's CEO&NBSP. Andy Bromberg and Bulletproof inventor Benedikt Bunz are listed below:

Token allocation scheme

As shown in the chart below, the initial MINA issuance of 1 billion tokens increased by 12% in the first year. All tokens will be unlocked gradually over eight years. For more information, check out the whitepaper at the end of this article.

Coinlist account registration

To participate in MINA's public sale, you must have a registered account in the corresponding Coinlist. Go to the CoinList home page and click "Get Started" in the upper right corner to enter the registration screen.

Enter the corresponding information as prompts, then click "Create Account", login to your registered email address in the same browser, and click on the received verification email to complete the verification.

If you want to get more Coinlist projects to participate in the investment grid, open wallet and other functions, you need to complete the identity verification. Click on "Wallet" on the left to get an authentication prompt, and click on "Verify" to get to the authentication screen.

(According to the prompts, complete multiple steps such as address, personal information, face recognition, Google double verification, etc.)

Select a person (non-entity), write the name in pinyin, and click "Save&Continue" after completing the name.

(Countries can choose to enter China, but users who are not in the Special Administrative Region cannot participate in the sale)

(Fill in the corresponding information)

I'm gonna hit Start

(Choose the second option and use your phone to take a live photo.)

(Use your phone to scan the QR code below and follow the prompts for identification)

(fill in the occupation information)

(Perform Google verification)

(Fill in all the information and wait for verification)

Mina Subscription Details

According to the request, the MINA Open Sale is only open to non-US, non-Chinese and non-Canadian participants in certain jurisdictions, and the full rules can be found on the websitehttps://coinlist.co/minaLook at it.

Below is the information excerpted from the highlights. There will be two rounds of subscription: unlimited sales registrations will be opened only if there is a corresponding share at the end of the community sale, which is unlikely to happen given the current hot market conditions and investor sentiment.

As you can see from the figure below,The opening time of the public sale is 22:00 on April 13, 2021 -- 7:59 on April 15, 2021 Beijing Time. Seventy-five million minas will be sold,Each account can subscribe up to $1,000, and the tokens will be unlocked on May 31.

In addition, in order to encourage users to pledge, users participating in MINA through CoinList will receive an additional pledge reward of a higher percentage than the regular pledge. See the website for details:https://coinlist.co/mina

If the verification information previously filled in is one of the 32 provinces and cities other than the Special Administrative Region, a prompt will be given after selecting the corresponding option: the registration place does not meet the requirements of this subscription, so you cannot participate in this activity for the time being, but you can still use Coinlist's pledge, transaction and other services.According to feedback from some users, if your address is Hong Kong, China, you can participate in this activity.