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

To defend the interests of traders and assure the sustainable improvement of the undertaking, King Speed defined a policy to penalize dumping and irresponsible cooperation.

For the act of dumping

  • Investors can promote tokens in many maturities with an exchange worth of significantly less than $ two,000.
  • Venture capital money and KOLs can’t promote KSC tokens additional than thirty% of the complete tokens paid in each and every vesting.
  • Until the up coming vesting, if an investor sells additional than thirty% of the complete tokens paid, their wallet will be locked for thirty days.
  • After unlocking the vesting, traders need to commit not to promote additional than thirty% of the complete tokens paid. In the occasion of continuing violations of what has been committed, the process will proceed to block vesting for that portfolio.

For irresponsible cooperative habits

  • Venture capital money and KOLs should really stick to their dedication and use their strengths to help the commercialization of the undertaking.
  • Venture capital money and KOLs that are inactive for additional than thirty days and that do not contribute or reply to the undertaking will also be acquired.

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

About KingSpeed

KingSpeed ​​is a blockchain-based mostly racing game with totally free-to-perform and Play-to-Earn mechanics, in which gamers use NFT vehicles and gear to challenge other gamers in a huge, huge and ever-expanding racing planet . In KingSpeed, customers can gather uncommon goods together with Car, Driver, Gear and Race Track. Also, they can use their collectibles to compete in racing video games. The game will deliver a lot of distinctive game modes and actions, permitting customers to earn revenue though obtaining pleasurable.

Learn additional about KingSpeed: Website | Twitter | Telegram| Telegram announcement

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