Sui is a highly scalable layer-1 blockchain designed to provide high throughput and low-latency smart contract execution for Web3 applications. The network is powered by its native SUI token, which is used for gas fees, staking to secure the network, and participating in on-chain governance.
In April 2023, Sui conducted its recognition sale for allowlisted ecosystem contributors via KuCoin Spotlight Pool B. The event successfully raised a hard cap of $750,000. During this allocation, 25,000,000 SUI tokens were sold at a price of $0.03 per token. The sale was strictly limited to verified contributors with a maximum allocation of $45 - equivalent to 1,500 SUI - per winning ticket. Following a slight postponement, final results were announced on May 1, 2023, with all tokens designated for 100% Unlock at TGE upon the mainnet launch.
100% Unlock at TGE
To participate in the Sui token sale on KuCoin Spotlight, users had to qualify for the specific Pool B allowlist. This pool was strictly reserved for verified Sui ecosystem contributors whose email addresses were directly provided to KuCoin by the Sui Foundation.
Eligible participants were required to complete advanced KYC verification on KuCoin and hold the necessary funds to cover the maximum $45 deduction. Once verified, users could subscribe during the designated window, which concluded on May 1, 2023. A total of 16,666 winning tickets were allocated for this specific recognition pool.
Register and complete advanced KYC verification on the KuCoin exchange.
Confirm your allowlist eligibility provided directly by the Sui Foundation for Pool B.
Ensure your trading account has sufficient USDT to cover the maximum deduction of $45.
Navigate to the Spotlight platform and subscribe your ticket during the official registration window.
Wait for the final lottery results and token distribution corresponding with the Sui mainnet launch.