Cyrpto.com has announced the next listing of Algorand (ALGO) on The Syndicate platform. All Crypto.com Coin (CRO) stakers will be able to participate in a discounted sale event for $500,000 USD worth of ALGO at 50% off. The listing event will commence on Tuesday, 14 July 2020 on the Crypto.com Exchange.
Sale Amount & Subscription Price:
Total ALGO Token Supply: $500,000 USD worth of ALGO
Discount Rate: 50%
Crypto.com Exchange users will be able to subscribe for ALGO token by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
Staked CRO tokens may not be used to subscribe for ALGO token in the listing event.
Listing event participants will receive their finalised ALGO token allocation at Distribution Time. If the total contributed amount for the listing event is above the total discounted allocation, each individual participant’s final ALGO token allocation will be calculated as follows:
User Final Allocation
is equal to
CRO Contributed by User
Total CRO Contributed by All Participants
multiplied by
$500K eq. in ALGO Token
Notes:
ALGO token 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 reserves the right to cancel or amend The Syndicate campaign rules at its sole discretion.
Citizens and residents of the United States, China and Hong Kong will be excluded from The Syndicate campaign.
Not yet a Crypto.com Exchange user?
Sign up for the Crypto.com Exchange today, and stake CRO to participate! Stay tuned for more exciting listing events on The Syndicate!
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