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Help & FAQs / Masa Community Sale

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How do I fund my purchase?

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.


Other Masa Community Sale Questions

Why can’t certain residents and citizens participate in the Masa Community Sale?

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.

When do I need to fund my purchase?

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.

What is Additional Allocation Request and is it possible to purchase more than the maximum amount of tokens?

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.


What is the lock-up schedule for the Masa Community Sale?

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


Can I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

How will the sale work?

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.

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This site is operated by Amalgamated Token Services Inc. and services are provided through its wholly-owned subsidiaries (altogether, “CoinList”). CoinList does not give investment advice, endorse or make recommendations with respect to any assets or provide legal or tax advice. CoinList Markets LLC (NMLS #1785267) is a Money Services Business registered with the Financial Crimes Enforcement Network and certain states as a money transmitter. Neither CoinList nor any of its officers, directors, agents, or employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. This site contains external links to third-party content (content hosted on sites unaffiliated with CoinList). As such, CoinList makes no representations or endorsements whatsoever regarding any third-party content/sites that may be accessible directly or indirectly from this site. CoinList services are only directed toward the residents of jurisdictions where such services are permitted. Some services may be limited to residents of certain jurisdictions, and disclosures may be required in specific jurisdictions, available here. Use of the site is subject to certain risks, including but not limited to those listed here. Assets offered on the platform are not insured by the FDIC, SIPC, or any similar organization. Users must conduct their own due diligence of any digital asset. Participating in digital assets is highly risky and may lead to total loss of funds. By using this site, you explicitly agree to our Terms of Service and Privacy Policy. CoinList and its employees, officers, directors, and affiliates may have interests in assets listed on this site and may also participate in certain offerings using the site (where permitted).
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