After making a strong comeback after a long time and successfully selling CyberConnect, Coinlist continues to announce the launch of a new project called Neon. Hak Researh will provide instructions for participating in buying Neon tokens so that people do not miss this opportunity to change their position.
Neon Overview
Neon is a Layer 2 Blockchain built on top of Solana’s network and uses EVM as the foundation for smart contracts. To easily imagine, Neon is quite similar to another Layer 2 project, Aurora, built on the Near ecosystem.
Behind Neon is Neon Foudation, which has developed this network since the end of 2021, when the Solana ecosystem is booming the most, but it will not be until the end of 2022 that Neon will launch its mainnet.
NEON Tokenomics
Token usecase
NEON will be used in the following cases:
- NEON will be used to pay fees for all transactions that take place on the Neon network, replacing the previous ETH.
- Each NEON token will represent a vote to help the owner participate in DAO governance.
Token allocation
|
allocation |
% Allocation |
Vesting |
|---|---|---|
|
Early Purchasers |
16.12% |
Lock for 1 year and vesting for the next 1 year |
|
Key Partners & Advisors |
7.02% |
Lock for 1 year and vesting for the next 1 year |
|
Ecosystem Development |
31.92% |
Lock for 1 year and vesting for the next 1 year |
|
Founders |
15.00% |
Lock for 1 year and vesting for the next 1 year |
|
Early Contributors |
1.00% |
Lock for 1 year and vesting for the next 1 year |
|
Public Sale |
5.00% |
TGE 100% |
|
Treasury |
23.94% |
Used through voting and governance |
Instructions for Buying Neon Tokens
Before participating, people need to meet some requirements from Coinlist such as not living in countries such as the United States, Canada, China, South Korea and certain jurisdictions.
Step 1: Sign up for a Coinlist account
- Visit: https://coinlist.co/
- Sign up for a Coinlist account by email.
- After having an account, everyone needs to access the Account -> Entities section to verify their identity with their passport.
Step 2: Register to buy Neon on Coinlist
- Visit: https://sales.coinlist.co/neon-community-sale/
- Proceed with registration by filling in all information, selecting your country, reconfirming the terms, and connecting to a wallet address.
- Answer Coinlist’s questions with answers below.
|
|
Question |
Answer |
|---|---|---|
|
first |
How many tokens are allocated to the Neon sale? |
50,000,000 |
|
2 |
How will the sale queue work for the Neon sale? |
User in the watting room for the sale will be given… |
|
3 |
What currencies are accepted for payment in the sale? |
Neon is an EVM that allows Ethereum dApps to function within Solana. |
|
4 |
What is Neon built for? |
USDC, USDT |
|
5 |
What is the price per token adn max purchase amount for the sale,.. |
$0.1 per token, $500 max purchase amount. |
|
6 |
What will happen if someone submits a purchase but doesn’t complete it? |
The user purchase may be canceled and user may be banned from futures Coinlist sale. |
|
7 |
Where will I be able to paraticipate in the community sale? |
Coinlist.co |
|
8 |
What happens to a user who uses bots and abuses the Queue-It system? |
The use account will be terminated and all purchases will be canceled. |
Step 3: Join the queue
After registration is complete, everyone needs to access Neon sale on Coinlist at 0:00 a.m. on June 9, 2023 to join the buying queue. Each person will be given a random number and need to wait for their number to arrive. to be bought (usually, numbers below 12,000 have a very high chance of being bought).
Step 4: Payment
If in step 3, everyone receives the purchase amount, they will be redirected to the purchase quantity commitment page and have 7 days from June 9 to June 15 to deposit the amount they have committed to Coinlist.
Neon List Price Prediction
It would be very lame to compare Neon with the current Ethereum Layers, so I will choose Aurora as a Layer 2 on Near Blockchain to compare and then make a prediction about the listed price of Neon.
FDV at the time of Aurora’s token launch has reached $3.2B. If Neon reaches FDV at the time of listing, the token price will be about $3.2. However, if we consider the general factors of the current market. Compared to 2021, it is much worse, so Neon’s price will hardly reach this level.
Summary
Above are instructions for buying Neon tokens on Coinlist from Weakhand. Wishing everyone luck in winning the public sale token and changing their position.
