CoinEx is planning to list SIPC and support deposit on June 15, 2020 (UTC). And its trading pair SIPC/USDT will be available from June 16 (UTC).
SIPC (SimpleChain) is a public chain designed to be easy-to-use, mutual promoted and win-win. As a revolutionary blockchain application infrastructure design, it promotes the progress and development of blockchain technology and applications through its characteristics of flexibility, scalability, stability, openness and circulation to support plural consensus and performance, thereby enabling smooth and safe operation to meet various business application scenarios.
SimpleChain has implemented applications in multiple fields such as judicial evidence deposition, copyright protection, gaming and entertainment, and offline payment.
In order to meet the needs of different applications, the compatibility requirements for SimpleChain must be higher than other public chains. In response to this problem, SimpleChain adopts a main chain with multi-sub-chain structure, and combines different consensuses to design a two-layer architecture. It implements a distributed network at the bottom PoW, and supports various consensus mechanisms at the upper layer, including PoS, PoA, PBFT, and Raft, to meet different types of needs. It supports users to customize the consensus mechanism according to their own needs. The sub-chain and the main chain perform their respective duties to solve the problems of safety and efficiency.
SIPC is the native token of SimpleChain, and is mainly generated through mining. The total amount of SIPC is 100 million and the circulation is 30 million. It is mainly used for on-chain transactions or contract invocation, and can also be used for sub- chain. In 2019, it was first listed on an exchange, and the price has increased 39 times from the opening price, with a return on investment of 101.21%.
For the celebration of SIPC launch, CoinEx will hold the following events.
Event Details
Event 1: Deposit to share 6,500 SIPC
Duration: 3:00 June 15–16:00 June 19, 2020 (UTC)
Rules: During the event, CoinEx users with a net deposit of every 80 SIPC can get a reward of 1 SIPC for each (max. 20 SIPC/ user). CoinEx will give away 6,500 SIPC in total on a first-come-first- served basis.
Event 2: Trade to share 3,500 SIPC
Duration: 7:30 June 16–16:00 June 19, 2020 (UTC)
Rules: During the event, CoinEx users with a net buying (buy — sell) of more than 100 SIPC can participate in the ranking and grab a share of 3,500 SIPC as below.
№1: 800 SIPC
№2: 700 SIPC
№3: 600 SIPC
№4 — №10: Equally share 700 SIPC
№11 — №20: Equally share 700 SIPC
What’s more, there will be airdrops in Telegram groups. Please follow CoinEx’s twitter and stay tuned!
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