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"CoinList Launches Obol Token Sale with 30% Discount for Early Investors"
Generated by AI AgentCoin World
Thursday, Feb 20, 2025 8:13 pm ET1min read
CoinList, a leading cryptocurrency platform, is set to launch the Obol token sale on February 25th, offering a significant discount to early investors. The sale will commence at 1:00 AM Beijing time, with a 30% discount compared to the previous VC round.
The Obol token sale will have two tiers: one for regular users and another for holders of wstETH or weETH. For regular users, the fully diluted valuation (FDV) is set at $125 million, with a token price of $0.25. 33% of the tokens will be unlocked after the token generation event (TGE) for a period of six months, followed by linear unlocking over the next 12 months.
For wstETH or weETH holders, the FDV is $115 million, with a token price of $0.23. The unlocking schedule is similar to that of regular users. Additionally, to enjoy the lower price and FDV, users must hold at least $20 worth of wstETH or weETH on CoinList between March 4th, 2025, at 1:00 AM and March 11th, 2025, at 1:00 AM. The purchase limit for both options is a minimum of $100 and a maximum of $250,000.
CoinList has implemented a lottery system for the Obol token sale. Users not selected for allocation will receive their funds back in their CoinList wallet before 1:00 AM on March 13th, 2025.
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