MEXC Kickstarter is a unique opportunity from the MEXC exchange. There users can get new cryptocurrencies for free. This is an attractive way for investors to enter the cryptocurrency market and generate income. Join MCrypto to discover more information about the Kickstarter program and how to participate on the MCrypto platform.

Information you need to know about the MEXC Kickstarter program

What is MEXC Kickstarter?

MEXC Kickstarter is a type of listing campaign on the MEXC exchange. This program was initiated by the project team before they launched their project. This is an opportunity for users to bet on a specific project goal. Once the target is reached, the listing process will begin. Participants will receive free token airdrops. However, if there are not enough votes in support, MEXC Global will delist the project. They will then refund all staked tokens. The goal of this event is to create conditions for quality projects to be implemented. Also brings free token airdrop benefits to the MEXC user community.

Kickstarter is a platform that allows developers and project teams to present their projects before it is officially launched. This is a form of global capital calling. In which the participants review and evaluate the project. Then decide to invest based on predetermined goals. Since 2015, Kickstarter has become a connecting platform between startup projects and investors. Collecting more than 2 billion USD for more than 58,000 projects is an impressive achievement in this field.

Benefits that the MEXC platform Kickstarter brings to traders

Like many other platforms, Kickstarter offers startups the opportunity to turn their dreams into reality. The first and most important point, the biggest benefit of Kickstarter lies in its ability to raise capital. This is a model that allows you to collect significant amounts of money without having to borrow. However, the benefits do not stop at collecting money. There are many other rewards for project supporters.

When you present your project on MEXC Kickstarter, you can easily gauge the community’s interest in it. Based on the amount contributed, the number of comments, and the sharing of the project on social networks. You can see if the project is as attractive and feasible as it was initially. In addition, people who invest in and support the project can become your potential customers. With the ability to buy your product is very high. This helps partly address the concerns of startups. That is production without a consumer market.

Instructions on how to participate in the Kickstarter event on the MEXC exchange

Conditions required to participate in the MEXC Kickstarter event 

To participate in the MEXC Kickstarter event, users need to comply with some specific conditions. This condition can vary according to each specific event, often including the following factors:

• MEXC account: Users need to have an account on the MEXC exchange.
• Own MEXC Token (MX): Usually, Kickstarter events require users to own a specific amount of MEXC tokens to participate. This amount may vary depending on the specific event.
• Entry period: Kickstarter has a specific deadline within which you need to enter. Information on event start and end times will be announced in advance.
• Identity Verification: Identity verification may be required to ensure the accuracy and validity of participants.
• Rule Compliance: Users are required to comply with the specific rules and terms of the MEXC Kickstarter event.
• Airdrop distribution: After the event ends and the goal is reached, participants can receive a new project token airdrop. Usually, this will be based on the amount of MEXC tokens they have invested in the project.

>>See more: MEXC register on mobile phones is the most detailed

3 simple steps to collect MEXC tokens from the Kickstarter event

Step 1: Make sure you have MX (MEXC currency) in your trading account. Users can purchase MX on the MEXC spot

Step 2: Visit the MEXC homepage and select “SPOT” on the toolbar. In the list of items, you’ll see “Kickstarter”. Click here to see the list of projects currently up for voting.

Step 3: Here, you will see a list of projects that have been participating in the Kickstarter MEXC event. Your task is to vote for projects that you think have quality and potential, that you want to see on the MEXC Global exchange.

Things to keep in mind before participating in MEXC Kickstarter

Kickstarter MEXC-specific rules and requirements

Information about voting and voting tokens in MEXC Kickstarter is as follows:

• Token vote: To vote, you need to use MX (MEXC Token) during the transaction process.
• One vote corresponds to 10 MX.
• The minimum number of votes you need to cast is 1. This means that you only need to spend 10 MX to participate and have a chance to profit.
• The maximum number of votes you can cast is 50,000 votes, which is a maximum of 500,000 MX.
• Tokens used for voting will be temporarily locked for the duration of the event and will be unlocked one hour after the event ends. There is no limit to the number of votes you can make. You can vote as many times as you like, as long as it is within the specified voting period.
• Airdrop rewards will be distributed immediately after the event ends.

Prize details of the MEXC exchange

There is a special reward for 500 users with total assets above 1,000 MX. These are the people who participated in voting in this session of Kickstarter. These people will be randomly selected to receive a futures trading reward worth 10 USD. Rewards will be delivered to the respective winners within 7 business days. (Note: Users must open their Futures Account before the event ends. You can refer to how to MEXC future trading. Only then will they be eligible to receive the future bonus reward. .)

Because Kickstarter runs daily and the program is completely free, this can also be a source of passive income for users holding MX. Kickstarter times usually happen within a very short deadline. Once you vote for your MX project, the MX number will be locked for just one hour. After the event ends, you will receive back all the MX used to vote.

Conclude

If MEXC’s M-Day event is an opportunity for traders to buy new tokens at preferential prices, then MEXC Kickstarter is an event where users receive new tokens completely free of charge. This event is like a regular airdrop program, but it is simpler and more convenient. Users only need to use MX tokens to participate in voting following simple steps as instructed by MCrypto without having to perform other complicated tasks or detailed assessments. Hopefully, through this article, you have seized an opportunity to make money from MEXC and have enough information to participate in the MEXC Kickstarter event.

>>See more: Trade efficiently and securely with MEXC Futures

FAQ

Do investors need to pay any fees to participate in the Kickstarter campaign on MEXC?

No, Kickstarter is completely free, so investors do not need to pay any fees to participate in the event.

When will the tokens be opened if participating in Staking?

During the voting process in MEXC’s Kickstarter, the tokens used for voting will be temporarily locked for the duration of the event and will be unlocked when the event ends. Investors can check the unlock schedule in the Kickstarter event announcement.

When will investors receive the airdrop reward?

Airdrop rewards will be distributed proportionally according to the number of user votes. This amount will be paid after the event ends.