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How do you participate in the public sale of Rally, Coinlist's first available token?

21-03-26 11:20

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On March 18, 2021, Coinlist, one of the leading funding platforms in the blockchain sector, announced the launch of its first publicly traded Rally sale. The BlockBeats, based on previous reports and related content, provides detailed information on the project, investment rules and operational steps of A16Z and Coinbase's Rally.

About the Rally

Rally is a social token publishing platform where creators, artists and community leaders launch social tokens through Ethereum that enable fans to be economically tokenized. Fans can also purchase social tokens from their favorite creators in exchange for special benefits (such as exclusive content, chat rooms, and event access) determined by the creators.

Rally and its platform's social tokens

Finance course

Rally has a strong capital portfolio that includes industry backers such as A16Z, A16Z Crypto, Coinbase Ventures, and Battery Ventures and Twitch co-founder Kevin Lin from the traditional industry.

Token allocation scheme

Rally has an initial cap of $15 billion to be released over 8 years, with less than 30% of the token allocated to Rally team members and seed investors:

Seed Round Investors (15.3%)

4 year linear unlock and 12 month lock period, no voting in the first year.

Team (14.2%)

4 year linear unlock and 12 month lock period, no voting in the first year.

Consultant (0.17%)

Rally's advisors include Brian Flynn, Keisuke Honda, Susie Kim, Josh Kratz, and others. Their service period is 12 months and the total expenditure is not more than RLY 20 million.

Side chain operation :(1%)

RLY token allocation chart

Token release schedule

70% of Rally's initial token will be allocated to the community over time:

50% of the tokens are allocated to those who contribute to Rally Network;

20.4% to finance, developers, partners, LP, etc.

CoinList account registration

To participate in Rally's (Rly) public sale, you will need to register an account with 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.

(Country can be selected to fill in China)

(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)

Rally Subscription Details

As required, Rally's public sale is only available to non-US, non-Chinese and non-Canadian participants in certain jurisdictions. The full terms and conditions are available on the websitehttps://coinlist.co/rlyLook at it.

Source:https://coinlist.co/rly(Translated by Google)

The key contents of this token sale and the above table are summarized as follows:

1. The Rally community will offer $40 million worth of Rly tokens for sale;

2. The minimum purchase amount of participating users is $100 and the maximum purchase amount is $1,000;

3. Tokens purchased on CoinList will be linearly unlocked for 12 months and will have a 6-month lock-in period. 50% of the purchased tokens will be distributed on October 4, 2021 and will continue to be linearly unlocked on a monthly basis thereafter;

4. Users in the United States, Canada and China cannot participate in the sale of RLY tokens.

Due to the previous verification information of Xiaobian, after selecting the corresponding option, it will give a reminder: the registered country does not meet the requirements of this subscription, so it cannot participate in this activity for the time being, but other services such as CoinList pledge and transaction can still be used. In addition, according to the feedback from players, if the address is Hong Kong, China, you can participate in this activity.