[Airdrop] MEXC Will Launch the Launchpad with Crown Token (CROWN)

Dear MEXCers,

The new session of MEXC Launchpad is now live! MEXC Global offers users worldwide the chance to participate in free token airdrops from new projects and potentially earn valuable tokens. So don't miss out on this exciting opportunity and be sure to take advantage of the new session of MEXC Launchpad!

The project for this session is Crown Token (CROWN)

Participation link: https://www.mexc.com/launchpads/assessment

Crown Token (CROWN) Introduction>>>

Token Sale Details:

• Token Name: Crown Token (CROWN)
• Total Supply: 1,000,000,000 CROWN
• Tokens Allocated to MEXC Launchpad: 48,666 CROWN
• Token Sale Format: Airdrops (No asset exchange) 
• Supported Sessions: MX

How to Participate:

• You can commit MX to register for the token allocation.
  MEXC will record users' MX holdings for 30 consecutive days, the max amount of MX you can commit depends on the minimum holding of MX in your Spot Wallet over the snapshot period.

The timeline is shown below:

1. Registration Eligibility: Hold at least 1000 MX or more for 30 consecutive days before 2023-04-16 16:00 (UTC)
2. Registration Period: 2023-04-17 04:00 - 2023-04-18 04:00 (UTC)
3. Airdrop Time: 2023-04-18 05:00 (UTC)
4. CROWN/USDT Trading: 2023-04-18 06:00 (UTC)
5. CROWN Deposits: 2023-04-18 06:00 (UTC)
6. CROWN Withdrawal: 2023-04-19 06:00 (UTC)

Note:

[Snapshot]

• The snapshot period will be 30 days prior from the registration time. Click here more details >>
• During the Snapshot Period, users need to hold at least 1,000 MX tokens for 30 consecutive days, without any day dropping below that amount, in order to participate in the Launchpad campaign on MEXC.
• The committed amount is in accordance with the minimum MX position in the user's Spot Wallet for 30 consecutive days.
  
  

Example (For Reference Only): 

• If your MX position drops below 1,000 MX on any single day during Snapshot Period, you may not be eligible to participate in the Launchpad campaign.
• The max amount of MX you can commit depends on the minimum holding of MX in your Spot Wallet over the snapshot period.
• MEXC will keep record of your MX holdings during the Snapshot Period, and you must meet the minimum holding amount (which is at least 1,000 MX) consecutively during the entire Snapshot Period to be eligible for participation.

[Registration]

• Registration will open at this time for all eligible users.
• You must click on the button to commit a certain amount of MX towards the new project during the registration period.
• Please note that once committed, your MX will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals, or trading until the final settlement of the Airdrop session.

Terms & Conditions

• To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be locked. The locked tokens during the event period will not be withdrawable or traded. Please participate at your own discretion.
• For the MX session, the calculation of each participant’s final winning token allocation is: (Individual committed MX amount/ Total committed MX amount by all participants) * 48,666 CROWN
• MX locked in Launchpad or Kickstarter during the snapshot period will not affect the snapshot MX holdings.
• MEXC reserves the right to interpret this event at our sole discretion.

Risk Disclosure

Start-up blockchain projects may face significant risks in operation, underlying technology, and legal and regulatory environments. Investing in such projects requires rich technical and financial knowledge to understand the inherent risks associated with blockchain start-ups. Before making any investment decisions, we recommend that you conduct thorough due diligence, evaluation, or seek advice from professional consultants.

The prices of digital assets related to blockchain projects exhibit high volatility and may fluctuate due to various factors. Investing in such projects may result in significant or total investment losses. Additionally, due to underlying technology of blockchain projects or cyber attacks, you may be unable to withdraw digital assets related to blockchain projects partially or completely. 

When deciding whether to invest in this project, please carefully assess the risks and make a decision based on your risk tolerance. MEXC does not guarantee or compensate for any investment losses incurred by you.

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The MEXC Team

13 April 2023