Can I participate in the sale without going through KYC?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer MASA tokens for purchase during the Masa Community Sale to prospective participants in the United States (and its territories), Canada, China, South Korea, Cuba, Iran, Myanmar, Syria, as well as other unsupported jurisdictions.

In order to be eligible to participate in the Masa Community Sale, you will need to fund your CoinList Wallet with the minimum purchase amount ($50 in USDT or USDC) before the registration deadline (March 4, 2024 at 12:00 UTC).

Additionally, your CoinList account must be fully funded with your desired purchase amount before you can complete a transaction in the Masa Community Sale. That means users must make sure to fund their wallets with their intended purchase amount before the sale starts on March 7 at 16:00 UTC. There will no longer be a funding period for your initial purchase after the sale ends. For more information, please refer to this blog post.

Additional Allocation Request is a feature that allows sale participants who purchase the maximum amount of MASA tokens ($2,000.00) 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 Masa Community Sale may request up to $2,000.00 in additional tokens; however, CoinList cannot guarantee that your request will be fulfilled. Sale participants must fund their wallets with the intended payment method of USDC or USDT by March 14 at 11:59 UTC in order to receive an additional allocation. Learn more here.

We will display payment information when you complete your registration for the Masa Community Sale. Eligible purchasers 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 purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.

Tokens sold in the Masa Community Sale are subject to the following lock-up:

• 25% released at centralized exchange listing followed by a 6-month linear vesting; centralized exchange listingis expected to occur on or around April 11, 2024

In order to be eligible to participate in the Masa Community Sale, users must fund their CoinList Wallets with the minimum purchase amount ($50.00) in either USDC or USDT before the registration deadline. 

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. Please note that users should plan to fund their wallets with their intended purchase amount well in advance of the start of the sale.

All users who join the queue before the sale commencement will be placed in a waiting room. Please note that arriving early in the waiting room does not impact your position in the queue.

Once the sale begins, users in the waiting room will be assigned random positions in line, prioritized ahead of those joining after the sale starts. Users arriving after the sale commences will be placed in line on a first-come, first-served basis after those in the waiting room.