KuCoin Spotlight Returns With a Gno.land (GNOT) Pre-Listing Subscription, Featuring Pro-Rata Allocation, KCS Holder Benefits and Conditional Buyback Mechanism

The useful part

KuCoin Spotlight returns with a pre-listing subscription for 7,751,938 GNOT at a subscription price of $0.0645 per token. Subscriptions are available in KCS, USDT, and newly added USDG, alongside KCS discounts and optional conditional price protection. KuCoin Spotlight is returning with a pre-listing subscription for Gno.land (GNOT), offering eligible users access to 7,751,938 GNOT at $0.0645 per token before spot trading begins.

How it works

• GNOT is the network's native token used to pay gas for storage deposits, contract execution, and cross-chain interactions.
• The addition of Gno.land broadens Spotlight's coverage of blockchain infrastructure projects by adding a Go-based smart-contract network to its lineup.
• Every eligible user who completes a valid subscription receives an allocation, rather than entering a first-come, first-served or lottery model.
• The updated format combines pro-rata allocation under an oversubscription mechanism, subscriptions paid with KCS, USDT and USDG, and an optional conditional post-listing buyback mechanism.
• Gno.land Joins the Spotlight Lineup Gno.land, developed by NewTendermint, is an open-source Layer 1 smart-contract platform built around Gno, a deterministic variation of Go designed for on-chain applications.

What to take from it

The campaign supports oversubscription, with GNOT distributed proportionally based on each participant's committed amount.