SQD

Scaling the Open Internet with Powerful & Permissionless Data Access

About

SquidTG is a blockchain game built on the TON blockchain, with Inscription serving as its underlying technology. Currently integrated into Telegram, SquidTG offers players the opportunity to engage with the game directly within the Telegram App. The gameplay is designed in the style of an idle game, where the ultimate objective is to strategically hatch squids and generate profit by selling their eggs.

$SQD is the governance token of the SquidTG Metaverse. It will determine the direction of SquidTG’s games, the development path of the SquidTG Metaverse, and, most importantly, accelerate the growth of the DeFi ecosystem on TON.

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Milestones

  • January 18-18, 2024

Token Sale

  • January 19-24, 2024

Allocated

  • May 17, 2024

Listing

FAQ

Expand itemCan I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

Expand itemHow do I fund my purchase?

We will display payment information when you complete your registration for the Token Sale. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC. You must also have sufficient ETH in your wallet to cover the Ethereum network gas fees when submitting your transaction. If your wallet does not have enough ETH for gas, your transaction will fail even if you have enough USDT or USDC to fund the purchase.

Please allow a few minutes for transactions to be reflected in the purchase UI after submitting payment.

Expand itemSale Structure: How does the First Come First Served sale structure work?

In order to be eligible to participate in a First Come First Served sale, users must fund their CoinList Wallet with the minimum purchase amount in USDC or USDT, as well as pass KYC verification.

Once the sale begins, users will be prompted to submit a purchase request, with a minimum limit set. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold in your funding wallet.

Allocations will be selected on a first-come, first-served basis. Any user who submits a purchase after the supply is exhausted will receive their funds back in their CoinList Wallet within 5 business days of the sale’s conclusion.

Expand itemSale Structure: How does the "Filling from the Bottom" sale structure work?

Filling up from the bottom maximizes the number of individual participants in a sale while still allowing for participants with more capital to express their demand. Using a water-filling mechanism, allocations are distributed evenly from the bottom up, so each participant receives an equal amount first, before larger allocations are gradually filled. For more information on how it works, see here.

Expand itemWhen can I expect to receive my funds back if I do not get an allocation?

Users who are not selected to receive an allocation will receive the funds back to their funding wallet within 5 business days of the sale's conclusion.

Expand itemWhy can’t certain residents and citizens participate?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer tokens for purchase to unsupported jurisdictions found on our Legal page.

You can find jurisdictional eligibility details for each token sale on its deal page.