After your purchase is completed, your ARCH tokens will be distributed to your provided ATOM wallet address at mainnet launch. Tokens will begin to vest approximately 40 calendar days after mainnet launch. 25% will be immediately liquid post-distribution, with the remaining 75% following an 8-month linear vesting schedule.
Users must submit a valid Cosmos (ATOM) address when registering for the Archway Community Sale. If you do not have a Cosmos (ATOM) address, instructions on how to set one up can be found here. Additional information will be communicated to token purchasers closer to the distribution date.
*Vesting schedules for all ARCH tokens begin at mainnet launch. CoinList acknowledges this updated information.
Users who successfully registered for the community sale will receive an email with a unique link to enter the queue prior to the start of the sale, or be able to enter the queue via a notification banner at the top of their logged-in dashboard. All users arriving at the queue before the start of the sale will be placed in a waiting room. Please note that arriving at the waiting room early does not impact your position in the queue.
When the sale starts, users in the waiting room are assigned a random place in line, ahead of those who arrive after the sale starts. Users arriving after the sale starts get a first-come, first-served place in line after those in the waiting room.
We will display payment information once the sale period starts on TBD. You can pay with Tether ("USDT") or USD Coin (“USDC”). Payments made in USDT or “USDC” will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.
There are no fees associated with funding your account and purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.
To reward existing Archway community members and encourage users to actively participate in token networks, CoinList and Archway may prioritize access to the Archway Community Sale for certain users due to past contributions to their respective communities. Having a track record of multiple value-add activities increases the chances that you will be invited to the priority queue.
The following groups of users may receive priority access:
CoinList may in its sole and absolute discretion adjust the parameters of the CoinList website and/or access systems to prioritize access for those users to the Archway Community Sale. Please note that such users ARE NOT GUARANTEED access to the community sale.
Your purchase will be confirmed when your deposit clears. If your deposit doesn’t clear immediately, that is fine – you have until June 21, 2023 at 23:59 UTC to finalize your purchase.
Please note that if you do not complete your purchase before the deadline, your purchase will be canceled entirely and you may be banned from all future CoinList Community Sales.
Additional Allocation Request is a new feature that allows sale participants who purchase the maximum amount of ARCH tokens ($1,000) to submit a request to purchase an additional allocation of tokens. Tokens that are unsold will be randomly allocated to users who have submitted an additional allocation request after the sale.
Participants in the Archway Community Sale may request up to $1,000 in additional tokens; however, CoinList cannot guarantee that your request will be fulfilled. Community Sale participants must fund their wallets with the intended payment method of USDC or USDT during the sale period in order to receive an allocation. Learn more here.
Please note that additional allocation requests will be processed approximately 10 business days after the sale period ends. You will receive confirmation directly via email if your request was accepted or not.
All standard community sale requirements apply, including:
IMPORTANT NOTICE: all registrants must provide a valid Cosmos (ATOM) address at the time of registration that will be used to receive any tokens purchased during the sale. If you do not have a Cosmos (ATOM) address, instructions can be found here.
CoinList is committed to following all relevant regulatory guidelines. As a result, CoinList will not be able to offer ARCH tokens for purchase during the Archway Community Sale to prospective participants in: