Introducing Additional Allocation Requests for Community Sales

Today, CoinList is excited to introduce our additional allocation request feature for community sales. This new feature will allow token purchasers to request additional tokens for purchase during community sale events on CoinList.

We built additional allocation requests to solve two important areas of our product:

• First, this feature allows an increase in the max purchase amount within community sales.
• Second, additional allocations will provide a frictionless path for projects to fulfill any excess tokens remaining after a community sale.

How it works

1. Eligible and registered users who will receive the maximum amount of tokens during a community sale will see the option to request additional allocation on the status page.

2. Input the amount of tokens you are interested in receiving from the additional allocation page and proceed to purchase.

3. You will now see the original purchase and additional allocation request from the status page.

If there are unallocated tokens available after a sale, the additional allocation requests will be randomly converted. If you receive an additional allocation, it will be shown under the investments sidebar. Please note that the granted amount may be less than the amount you requested in the case there are insufficient tokens remaining to fully cover the request.

Automated email notifications will be sent to everyone that submitted additional allocation requests with an update on the request status for such allocation.

Why we built the additional allocation requests feature

Community sales on CoinList include a cap on the amount of tokens a sale participant can purchase (usually between $500 and $1,000). Some community sales, however, end up with a small percentage of the token allocation unfilled at the end, even if the sale is initially sold out. This is due to several factors, including users not completing their purchase within the sale period or purchases that are canceled.

To fulfill any excess allocations, we are adding an additional allocation request feature that will allow qualified participants to request additional tokens for purchase. Users that believe in the project benefit from a greater number of tokens. Projects benefit by backfilling any unmet demand with a high quality community of token holders. Additional allocation requests allow us to make sure no tokens go unallocated.

Who is eligible

Anyone who purchases the maximum allocation in the sale will have the option to request an additional allocation. That said, we do not guarantee that your request will be granted. If there is an additional allocation available, it will be assigned at random to users who purchased the maximum allocation once the sale is fully closed. A user must fund their wallet with the intended payment method during the sale payment period in order to be eligible to receive the allocation.

Please note that additional allocation request payments must be made in either USDC or USDT.

Stay tuned for more exciting product updates and community sales!

Legal notice

CoinList community sales are not available to residents of the United States, China, Canada, South Korea and certain other jurisdictions.

This blog post is being distributed by Amalgamated Token Services Inc., dba “CoinList,” or one of its subsidiaries. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here.