KuCoin Introduces Lifeform in Its 27th Spotlight IEO, Pioneering Decentralized Digital Identity

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KuCoin, a leading global cryptocurrency exchange, is excited to announce its 27th Spotlight Token Sale featuring Lifeform (LFT), a trailblazer in decentralized digital identity (DID) solutions. Lifeform is revolutionizing the digital world by providing secure and seamless decentralized digital identity solutions. It includes state-of-the-art 3D avatar creation tools, visual DID protocols, and a native Web3 decentralized identity system, backed by a robust metaverse engine SDK. Lifeform is devoted to advancing the Bitcoin ecosystem.

Launched in 2024, the Lifeform Universal Domain platform focuses on facilitating the development of intuitive blockchain domain names with the .btc suffix. It simplifies user identification and authentication across diverse networks, enabling users to efficiently manage their digital presence across multiple chains while ensuring secure and dependable interactions, eliminating repetitive identity verifications. The upcoming Spotlight involves Lifeform's token sale set at a hard cap of $150,000 USDT, offering 5,000,000 LFT tokens to be distributed among 3,000 winning lottery tickets.

Starting on May 6, 2024, at 10:00 UTC, and continuing until May 12, 2024, at 16:00 UTC, KuCoin will record hourly snapshots of users' USDT and KCS balances. These snapshots are used to calculate the average Net Asset Value, which will ultimately determine the number of lottery tickets each participant can receive. The ticket allocation for each user will be confirmed after the ticket calculation period ends on May 13, 2024, at 10:00 UTC.