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KingSpeed ​​has announced the policy of sanctions for dumping and irresponsible cooperation

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To shield the interests of traders and make certain the sustainable improvement of the task, King Speed defined a policy to penalize dumping and irresponsible cooperation.

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For the act of dumping

  • Investors can promote tokens in a variety of maturities with an exchange worth of significantly less than $ two,000.
  • Venture capital money and KOLs can not promote KSC tokens far more than thirty% of the complete tokens paid in every vesting.
  • Until the following vesting, if an investor sells far more than thirty% of the complete tokens paid, their wallet will be locked for thirty days.
  • After unlocking the vesting, traders have to commit not to promote far more than thirty% of the complete tokens paid. In the occasion of continuing violations of what has been committed, the process will carry on to block vesting for that portfolio.

For irresponsible cooperative habits

  • Venture capital money and KOLs must stick to their dedication and use their strengths to assistance the commercialization of the task.
  • Venture capital money and KOLs that are inactive for far more than thirty days and that do not contribute or reply to the task will also be acquired.

KingSpeed ​​hopes that traders will adhere to and strictly put into action the over commitments to accompany the task for a extended time.

About KingSpeed

KingSpeed ​​is a blockchain-based mostly racing game with no cost-to-perform and Play-to-Earn mechanics, in which gamers use NFT autos and tools to challenge other gamers in a huge, huge and ever-expanding racing globe . In KingSpeed, consumers can acquire unusual things such as Car, Driver, Gear and Race Track. Also, they can use their collectibles to compete in racing video games. The game will deliver lots of unique game modes and actions, making it possible for consumers to earn revenue even though acquiring enjoyable.

Learn far more about KingSpeed: Website | Twitter | Telegram| Telegram announcement

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Note: This is sponsored written content, Coinlive does not right endorse any information and facts from the over post and does not ensure the veracity of the post. Readers must carry out their very own exploration prior to creating selections that have an effect on themselves or their firms and be ready to consider obligation for their very own options. The over post is not to be viewed as investment tips.

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