Phemex Blog
Phemex Crypto Blog: Learn the latest news, updates, and industry insights on bitcoin futures, bitcoin trading, crypto derivatives exchange, and related blockchain technology.
Announcements
  1. Home
  2. VLaunch (VPAD) is Live on the First Phase of Phemex Launchpad!
All combobox arrow

VLaunch (VPAD) is Live on the First Phase of Phemex Launchpad!

Author: Alan W.

Dear Phemexers,

Phemex is pleased to announce that we are launching the first phase of Launchpad at 00:00 UTC on March 23, 2022. Everyday your USDT assets in spot wallet and investment account will be counted, and the final daily average USDT amount during this period will be your maximum commitment.

Details:

Max Supply 1,000,000,00 VPAD
Initial Circulating Supply 2.1% of Max Supply
Price 0.88 USDT
Launchpad Total Allocation 10,000,000 VPAD
Max Individual Allocation 50 VPAD
Token Vesting Period No Lockup
Token Type ERC20
Token Distribution After the End of Allocation Period

Timeline

Calculation Period

2022-3-22 00:00 – 2022-03-25 05:00

  1. Everyday your USDT assets in spot wallet and investment account will be counted, and the final daily average USDT amount during this period will be your maximum commitment.
  2. Daily average USDT will be tallied and updated everyday at 5:00 UTC.
  3. Please first do KYC to avoid any issues during subscription. Click here to complete KYC verification.

Subscription Period

2022-03-25 06:00 – 2022-03-25 12:00

Subscription can only be made using spot wallet assets. If your spot wallet currently contains fewer assets than the minimum commitment, please transfer USDT from accounts to your spot wallet.

Allocation Period

2022-03-25 12:00

Once the subscription period is over, please wait as we’re currently calculating your token allocation.

Distribution Period

2022-03-25 12:30

The allocation calculation is complete. We will deduct the corresponding USDT from your account based on your final VPAD allocation, which will be transferred to your spot account along with your remaining USDT.

Project Description

VLaunch is the first of its kind multichain launchpad backed by the most prominent thought leaders in the blockchain space. VLaunch is focused on creating value for upcoming launching projects and for the community by actively engaging more than 180 of the top influencers in the industry.

Website: https://www.vlaunch.com/

Whitepaper: https://www.vlaunch.com/whitepaper

Instagram: https://www.instagram.com/vlaunchcom/

Twitter: https://twitter.com/VLaunchCOM

Terms and Conditions

  1. You must complete personal or institutional KYC verification to be eligible. Users in restricted are also ineligible. Click here to complete KYC verification.
  2. From 2022-03-22 at 00:00 to 2022-03-25 at 05:00 UTC, the daily average USDT in your spot wallet and investment accounts must exceed 2, it will be rounded up during calculation. Each day’s USDT balance will be tallied and updated at 5:00 UTC.
  3. Sub-accounts are not eligible to participate, and USDT in sub-accounts will be credited to the main-account.
  4. During the calculation period, your USDT assets in spot wallet and investment accounts will be counted.
  5. Phemex has the right to disqualify users who profit from malicious behavior, such as batch account registration, profits from market manipulation, self-dealing, and wash trades.
  6. Phemex has the right to modify the terms of this event without prior notice.
  7. Phemex reserves the right to make final and binding amendments to these terms. If you have any concerns, please contact our customer service.

For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free

Was this article helpful?