To reward existing Chainflip community members and encourage users to actively participate in token networks, CoinList and Chainflip may prioritize access to the Chainflip 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 will receive priority access:

• Up to 5,000 users who link a wallet identified by Chainflip and the Cross Chain Foundation as valued contributors to their community based on the following criteria:
  • Ownership of the tFLIP Gold Drop OAT
  • Ownership of the Chainflip Early Supporter Pass
  • Ownership of the FLIP Faction Role on Discord
  • Ownership of other Tier 1 OATs in campaigns run during the registration period
• High Karma Users: CoinList users who have demonstrated a strong track record of multiple value-add activities to networks including validators, miners, stakers, active traders, liquidity providers, hackathon participants, and early token sale participants (e.g., 2020 and earlier)
  

The following groups of users will be entered into the raffle for additional Priority Queue access:

• Up to 15,000 users who link a wallet identified by Chainflip and the Cross Chain Foundation as contributors to the following campaigns:
  • Ownership of the tFLIP Silver Drop OAT
  • Ownership of other Tier 2 OATs in campaigns run during the registration period

The snapshot for onchain ownership will be taken on August 28 at 12:00 UTC.

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 Chainflip Community Sale. Please note that such users ARE NOT GUARANTEED access to the token sale.

In order to be eligible to participate in the Chainflip Community Sale, you will need to have funded your CoinList Wallet with the minimum purchase amount ($100.00) in USDC or USDT before the registration deadline (August 28 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 Chainflip Community Sale. That means users must make sure to fund their wallets with their intended purchase amount before the sale starts on August 31 at 17:00 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.

In order to be eligible to participate in the Chainflip Community Sale, users must fund their CoinList Wallets with the minimum purchase amount ($100.00) 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 the intended purchase amount well before the start of the sale.

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 when you complete your registration for the Chainflip 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 Chainflip Community Sale are subject to the following lock-ups:

• 100% unlock on TGE at mainnet launch, which is currently expected on or around 24 October 2023; date is subject to change up to a maximum of 120 days after sale closes.

No. Anyone who wants to participate in the sale must complete KYC/AML (Know Your Customer/Anti-Money Laundering) checks.

Wallet Link is a feature on CoinList that allows users to connect their on-chain identities to their CoinList-verified identity. When opting into Wallet Link, users verify ownership of their non-custodial wallet and in return can receive access to new opportunities based on their wallet’s activity. Users can delete the wallet addresses associated with their accounts at any time.

During the Chainflip Community Sale registration process, users will be prompted to link up to one Ethereum wallet address using MetaMask/WalletConnect after successfully completing KYC verification. By opting into Wallet Link during registration, users allow CoinList and Chainflip to determine their eligibility for priority queue access based on the address provided.

Additional Allocation Request is a new feature that allows sale participants who purchase the maximum amount of FLIP tokens ($4,000.00) 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 Chainflip sale may request up to $8,000.00 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 September 7 at 11:59 UTC in order to receive an additional allocation. Learn more here.

Disclaimer: CoinList and its employees, officers, directors, and affiliates may have financial interests in, or relationships with, some of the entities and/or certain assets listed on this site and may also participate in certain offerings using the site (where permitted).

CoinList is committed to following all relevant regulatory guidelines. As a result, CoinList will not be able to offer FLIP tokens for purchase during the Chainflip Community Sale to prospective participants in Cuba, Iran, Myanmar, Syria, United States, Canada, South Korea, China, as well as other unsupported jurisdictions.