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OKX Jumpstart - TAKI (Taki App) Sale Details

Published on Apr 22, 20227 min read

Dear customers,

We are pleased to announce that TAKI (Taki App) will be part of our token sale project on OKX Jumpstart starting at 2:00 am UTC on Apr. 28, 2022.

I. Pledging details

  1. Time: 2:00 am UTC to 10:00 am UTC on Apr. 28, 2022

  2. Sale price: 1 TAKI = $0.04

  3. Exchange ratio: To be confirmed by the OKB price at 4:00 pm UTC on Apr. 28, 2022 before the pledging date

  4. Session supply: Allotment session: 9,000,000 TAKI; Overpledging limit: N/A

  5. Pledging rules:

  • Minimum pledge for individuals: 1 TAKI;

  • Maximum pledge for individuals: 50,000 TAKI

  1. Allotment coefficient: Based on OKB position held for 3 consecutive days (Apr. 25–27, 2022) before the pledging date. Allotment coefficient can be viewed on the Jumpstart page

For more information, please refer to Jumpstart

Ⅱ. Conditions of Participation

  1. Only users from designated countries who complete KYC 2 verification can participate;

  2. The user's accumulated trading volume must exceed $5,000 within 30 days before the pledging period.

Ⅲ. Participation Guide

Step 1: How to get a higher allotment amount

  1. The more OKB you hold for 3 consecutive days before the pledging date, the more allotment coefficients you will get to participate;

  2. Snapshot rules: We will randomly snapshot users' OKX accounts to calculate OKB holding daily, including Funding Account, Trade Account, and Finance Account;

  3. If the minimum OKB holding amount and average OKB holding amount correspond to different allotment coefficients, whichever the higher will apply, and consistently holding OKB will guarantee higher allotment coefficients;

  4. View your allotment coefficient: You can view your OKB snapshot records and allotment coefficient on the OKX Jumpstart page.

OKB Holding

Allotment Coefficient of Satisfying the Minimum Holding within 3-day

Allotment Coefficient of Satisfying the Average Holding within 3-day

[0, 10)

1

1

[10, 50)

8

4

[50, 100)

16

8

[100, 500)

20

10

[500, 1000)

30

15

[1000, 2000)

36

18

[2000,∞)

40

20

For example, User A with 3-day OKB Holdings: 50 OKB, 2,000 OKB, 3,950 OKB.

So the Minimum Holding within 3-day of User A is 50 OKB, and the corresponding Allotment Coefficient is 16.

The Average Holding within 3-day of User A is 2,000 OKB ([50 OKB+2,000 OKB+3,950 OKB]/3), and the corresponding Allotment Coefficient is 20.

We will take the larger number of the two, which for User A, the Allotment Coefficient is 20.

Step 2: How to participate in the token sale

  1. Only OKB is supported during the token sale;

  2. Exchange ratio will be confirmed by the OKB price at 4:00 pm UTC on the day before the pledging date, subject to the OKX Jumpstart page.

Step 3: Allotment

1. Once the allotment period ends, tokens will be credited to users’ OKX Funding Account and the corresponding amount of OKB will be deducted. Any remaining amount of OKB on hold for pledge will be released

2. Allotment Calculation, allotment session will follow the allotment formula below:

Ⅳ. Example

Users A, B, C, and D want to participate in this token sale project. Let's assume the snapshots of their OKB holdings and corresponding allotment coefficients are as follows:

Snapshot A B C D
Minimum OKB Holding within 3-day 50 5 500 100
Average OKB Holding within 3-day 2,000 5 500 1,000
According to the table above, the allotment coefficients of users A, B, C, and D are 1, 8, 20, and 36, respectively. Let's assume the total allotment is 100,000 new tokens, and the four users pledge new tokens in the amount of 2,500, 25,000, 50,000, and 50,000, respectively. The actual allotment is specifically as follows:
The amount of new tokens user A actually gets from the Allotment Session

__A.jpg

The amount of new tokens user B actually gets from the Allotment Session

__B.jpg

The amount of new tokens user C actually gets from the Allotment Session
The amount of new tokens user D actually gets from the Allotment Session

__D.jpg

Ⅳ. About the Project

Taki is a global social network where anyone can earn social crypto tokens simply by participating within the community. Users can earn $TAKI, the basic social crypto token on the Taki App, by engaging and creating content - such as writing posts or commenting. $TAKI can then be used to buy User Coins which represent the value and influence creators bring to Taki. Use $TAKI and User Coins to reward others, grow your audience and share in the ownership of Taki.

  • Project Name: Taki

  • Ticker: TAKI

  • Initial Total Supply:3,000,000,000 TAKI Token

  • Initial Circulation: 90,000,000 TAKI Token

  • Protocol: Solana

  • Official Website:https://taki.app/

  • Discord: https://discord.com/invite/4W6nurRbeh

  • Twitter:https://twitter.com/TakiApp

  • Release time: Apr. 22, 2022

Note:

• According to relevant regulations, users from the following regions (according to KYC information) cannot participate: China mainland and Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, United States of America [including all U.S.A. territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas)], Canada (limited to Ontario and Quebec), Bangladesh, Bolivia, Ecuador, Kyrgyzstan and Malta.

• Sub-accounts cannot participate in this event.

• OKX reserves the right to disqualify or suspend accounts of any participant and confiscate all rewards of any participant who is found to be involved in any fraudulent, click farming or other illegal behaviors or activities or violation of any applicable rules or policies of OKX or any campaign or project rules or terms and conditions or announcements (as amended and restated from time to time) in connection with the project, or with the intent to abuse this project or disrupt or undermine the legitimate operation of the project, as determined by OKX at its sole discretion.

• OKX reserves the right of final decision to interpret the applicable rules and policies in connection with this project and determine all matters related to this project and related promotions. OKX reserves the right to amend the rules to this project at any time at its sole discretion. OKX's decision is always final.

Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

OKX

Apr. 22, 2022