Crypto.com has announced it will be listing NEO on its exchange on Tuesday, July 28th with USDT and CRO trading pairs. To promote the listing, Neo Global Development (NGD) Ecosystem Growth director, John Wang, will participate in an ask me anything (AMA) on Crypto.com’s official Telegram channel.
New tokens enter the Crypto.com exchange through its fundraising platform, The Syndicate, which gives CRO holders priority access and discounts on the purchase of cryptocurrencies. Users must stake CRO tokens in order to receive larger allocations of available cryptocurrency.
An equivalent of US $500,000 NEO will be available to The Syndicate users at a 50% discount. Purchase allocations will be weighted against CRO staked as seen below:
Source: Crypto.com
The NEO sale will begin at 6:00 am (UTC) on July 28th, and conclude at 6:00 am (UTC) on July 29th. Participants will tentatively receive their discounted NEO the following day at 6:00 am (UTC) on Thursday, July 30th, depending on the number of individuals participating in the event.
Crypto.com states that if the total purchase for discounted NEO exceeds the total allocation (the equivalent of US $500,000 in NEO), each participant’s final allocation is to be tallied according to the following equation:
Source: Crypto.com
Crypto.com notes that citizens of the US, China, and Hong Kong are unable to participate in The Syndicate campaign.
AMA on Crypto.com Telegram channel
On the same day of the listing, Wang will participate in an AMA taking place on Crypto.com’s official Telegram channel. The AMA will have three sections: a brief introduction of Neo, answers to pre-selected questions, and a live question and answer (Q&A) session.
A total of seven pre-submitted questions will be selected by Neo, which can be proposed via Google form. The deadline for submitting questions before the AMA is July 24th at 8:00 am (UTC).
In the live Q&A portion of the AMA, a total of seven questions will be answered by Wang, and users will only have the opportunity to submit one question.
Individuals whose questions were answered in the AMA will be eligible to share rewards from a pool of 50 NEO. Additionally, to qualify, participants will need to follow the official Neo Twitter account. Rewards are tentatively expected to be issued within 14 days of the AMA conclusion and will be distributed to users’ Crypto.com wallet.
US-based residents will not be eligible to receive rewards.
The full AMA announcement can be found at the link below:
https://blog.crypto.com/live-ama-with-john-wang-director-ecosystem-growth-of-neo-on-crypto-com-official-telegram/
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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