CoinList ICO: NYM + Registration Quiz Answers
The next generation of privacy infrastructure
ICO Registration Deadline:
- 6 Feb 2022 at 23:59 UTC (7 Jan 2022 at 07:59 in Singapore)
The token sale will be on:
- Option 1: 9 Feb 2022 at 18:00 UTC (10 Feb 2022 at 02:00 in Singapore)
- Option 2: 9 Feb 2022 at 23:00 UTC (10 Feb 2022 at 07:00 in Singapore)
Table of Contents
About NYM
Nym protects against even the most powerful network adversaries that can observe every packet going in and out of your internet connection. With Nym, you can use the internet without fear of being watched.
Visit the CoinList sales page for more information on:
- tokenomics
- how NYM compares against using VPN or Tor to protect your privacy
- early investors
NYM Token
NYM is a multi-chain token, minted on Nym’s internal blockchain Nyx, with bridges to other chains like Liquid and Ethereum.
The total supply of NYM is 1,000,000,000 (1B) tokens.
It is a utility token that rewards mix nodes for mixing traffic and providing privacy for users of the Nym network. Users will use NYM tokens to access the mixnet and send their data through it. The fees, collected in NYM, go to a reward pool which is distributed to mix nodes.
Option 1 allows immediate usage of the Nym mixnet and is compatible with tokenization standards such as Liquid Confidential Assets and ERC-20.
Option 2 provides tokens on the Cosmos-enabled Nyx platform that are not immediately liquid but allow buyers to easily run mix-nodes and collect rewards for mixing traffic, including with locked tokens.
Registration quiz answers
I have registered for the ICO and sharing the registration quiz answers in this blog post.
How many people will receive an allocation if everyone purchases at the maximum purchase limit?
Option 1: 50,000; Option 2: 6,250
What is the sale mechanism for the Nym sales?
Users in the waiting room will be given a random spot in the queue when the sale starts. Users who arrive after the sale starts will be placed behind those in the waiting room
What is the lockup schedule for the tokens?
Option 1: Tokens release on / around March 31, 2022. Option 2: Tokens release quarterly over two years starting on / around May 3, 2022
What currencies are accepted for payment in the sale?
BTC, ETH, USDC, USDT, SOL, ALGO
What is the price per token and max purchase for the sale?
Option 1: $0.50 per token, $500 limit. Option 2: $0.25 per token, $1000 limit
What will happen if someone submits a purchase but doesn’t complete it?
The user’s purchase may be cancelled and the user may be banned from future CoinList sales
Where will I be able to participate in the token sale?
CoinList.co
Which is the only Telegram account for official CoinList announcements?
coinlistofficialchannel
What happens to a user who uses bots or abuses the Queue-It system?
The user’s account will be terminated and all purchases will be cancelled
Purchase details
Your purchase will be confirmed when your deposit clears. If your deposit doesn’t clear immediately, that’s fine – you have until February 16, 23:59 UTC to finalize your purchase.
Please note that if you do not complete your purchase before February 16, 23:59 UTC, your purchase may be cancelled entirely and you may be banned from all future CoinList sales.
If you cancel your purchase after all allocations are sold, you may be banned from all future CoinList sales.
When will tokens be received?
- Option 1: Tokens are expected to be distributed on or around March 31, 2022.
- Option 2: Tokens are expected to be distributed on or around May 3, 2022 with a two year quarterly release.
Resources
- CoinList sales page for NYM: https://sales.coinlist.co/nym
- Official site: https://nymtech.net/
Admin
Started investing in crypto towards the end of 2020.