- Every Coin Terminal sale participant has been automatically put into the platform’s monthly on-chain $10,000 cryptocurrency lottery since its introduction.
- Winners are publicly chosen using Chainlink VRF, a provably fair and verifiable random number generator, to guarantee equity and openness.
Coin Terminal, the first open-access Web3 launchpad with refund rights in the market, is offering free lottery tickets to customers as an additional incentive to take part in IDOs. Yurii Ovsii, a 44-year-old Ukrainian who escaped his war-torn nation and now lives in Florida, was the most recent fortunate contender to collect the reward.
Every Coin Terminal sale participant has been automatically put into the platform’s monthly on-chain $10,000 cryptocurrency lottery since its introduction last summer, even if they subsequently want a refund for their purchase. Winners are publicly chosen using Chainlink VRF, a provably fair and verifiable random number generator, to guarantee equity and openness.
Ovsii, a DeFi enthusiast who has a knack for spotting excellent early-ventures, has pledged $14,000 to Project Merlin, a decentralized Web3 environment designed to support the expansion of entrepreneurs. Coin Terminal, the sole launchpad that grants 100% refund rights to participants in the Merlin sale, complied with Ovsii’s later request for a refund after Binance’s decision to revoke the project’s Alpha listing.
Yurii was thrilled to get his investment returned, but he was even more shocked to discover that he had won $10,000 in the lottery.
“I couldn’t believe it when Coin Terminal contacted me to let me know that I’d won, I thought that I was dreaming,” shared Yurii.
“I am going to use this money to enter more launches at Coin Terminal and, most importantly, pay for a holiday in order to spend some quality time with my family. I feel so blessed to have won this lottery, even though I had refunded my entry.”
Even if they subsequently get a refund, each user who contributes $250 or more to a Coin Terminal sale is automatically eligible to win the grand prize and enter the monthly lottery. There were 1,200 entries in the lottery that Yurii won.
Along with offering consumers a free lottery ticket, Coin Terminal’s dedication to accessibility ensures that anybody may participate in a presale without having to stake tokens and enjoy an unwavering money-back guarantee in the event that the project doesn’t work out.
The launchpad offers customers the opportunity to co-invest with some of the largest venture capital organizations in the market, having completed sales supported by many well-known VC firms, including Coinbase Ventures, Animoca Brands, DCG, OKX Ventures, and Binance Labs.
With an emphasis on authenticity, inclusion, and trust, Coin Terminal has launched more than 80 projects since its 2024 inception, including as the AIT protocol, StarHeroes, and K9 Finance.
Along with investors like Binance Labs, Samsung NEXT, Arthur Hayes, and many more, Coin Terminal is a prominent Web3 launchpad that has allowed customers to purchase in pre-sales.