CoinList is set to initiate the sale of Chainflip's token, FLIP, starting September 1 at 1:00 Beijing time. Several new rules have been introduced for this sale:
1. **Account Funding Requirement**: CoinList accounts need to be funded with the necessary purchase amount to participate in the community sales of FLIP tokens.
2. **Anti-Robot Measures**: CoinList has implemented measures to prevent the use of robots for token purchases. Any accounts found using robots will face bans and potential loss of funds.
Chainflip Labs, the cross-chain trading platform, introduced its token economic model earlier in the year. Key details of the token, FLIP, are as follows:
1. **Initial Token Supply**: The initial token supply for FLIP is 90 million tokens.
2. **Inflation Rate**: The token has an annual inflation rate of 8%.
3. **Token Allocation**: A portion of the token, 6.9 million FLIP tokens, is allocated for token sales.
This announcement reflects the ongoing developments and initiatives in the cryptocurrency and blockchain space, with both Chainflip Labs and CoinList collaborating to facilitate the sale of the FLIP token to interested investors.
