KuCoin offers 7,751,938 GNOT at $0.0645 in Spotlight return

  • KuCoin Spotlight launches a pre-listing GNOT subscription for eligible users.
  • 7,751,938 GNOT are offered at a subscription price of $0.0645 per token.
  • Gno.land was developed by NewTendermint as an open-source Layer 1 platform.

KuCoin Spotlight is returning with a pre-listing subscription for 7,751,938 GNOT, the native token of Gno.land, at $0.0645 per token before spot trading begins. The campaign uses an oversubscription model with pro-rata allocation, meaning eligible users receive tokens based on their committed amounts rather than through a first-come, first-served or lottery process. Subscriptions can be paid in KCS, USDT or newly added USDG. KCS users may receive discounts of up to 10% and can use flexibly staked KCS without unstaking first. Participants can also opt into a conditional post-listing buyback, under which eligible allocations may qualify for repurchase at the subscription price if specified conditions are met during the seven days after listing. Gno.land, developed by NewTendermint, is an open-source Layer 1 smart-contract platform built around Gno, a deterministic variation of Go for on-chain applications. GNOT is used to pay gas for storage deposits, contract execution and cross-chain interactions.

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