The 1st SafePal x TokoCrypto TKO Wallet Holder Offering Results

Dear SafePal Community,

After careful review of all the metrics, we are excited to announce the final results of the 1st SafePal Wallet Holder Offering (WHO) results. The Wallet Holder Offering (WHO) with our 1st partner TokoCrypto had been tremendously successful, as the campaign has attracted thousands of participants. We believe the community really loved the amazing partnership with TokoCrypto as TokoCrypto’s Twitter followers & Telegram members increased by over 160,000+ during this awesome event.

We are all extremely excited for the upcoming TokoCrypto Binance LaunchPad Listing that’s coming soon (will wait for the official announcement from Binance). Congratulations to the TokoCrypto team on their success, as they have demonstrated that hard work and dedication can really change the Crypto industry for the better. Now let’s talk about the $TKO airdrop rewards, as we have carefully calculated the final results of the SafePal x TokoCrypto Wallet Holder Offering (WHO). 

Previous Participation Rules

A 2,000,000 TKO Token + $100,000 USD worth of SFP Token reward pool was allocated to reward all participants who have participated in the SafePal X TokoCrypto Wallet Holder Offering (WHO) within the SafePal App. Anyone who completes a challenge before March 28th is able to take an exclusive share from the total reward pool. There were 6 tasks in total. The more tasks a user completes, the more shares he/she can take from the reward pool. 

Formula

Each Participant’s SFP Reward = [(2,000,000 TKO + $100,000 USD Worth of SFP) / Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant

Calculation

1. Total shares completed: 179056.75 shares

2. Reward per share = (2,000,000TKO + $100,000 SFP)/179056.75 shares = 11.16TKO + 0.176 SFP

3. $100,000 USD worth of SFP Token, calculated based on March 28th 2021 CoinMarketCap Closing Price of $3.17 USD

$100,000 USD / $3.17 SFP USD Price (CoinMarketCap Historical Data, Closing Price) = 31,545.741 SFP Tokens

31,545.741 SFP Tokens / 179,056.75 Shares = 0.176 SFP Tokens per Share

What’s next

  1. TKO launchpad ends on April 7th
  2. TKO will be distributed to users after it has been listed on Binance (no confirmed date yet

Thank you to everyone for participating in our 1st Wallet Holder Offering, we would also like to thank TokoCrypto for being our 1st Wallet Holder Offering (WHO) Partner. This was an amazing start to our new WHO feature and we would have never predicted the amount of support the community has shown. The SafePal team truly appreciates everyone’s support and we look forward to improving as well as making the Wallet Holder Offering a better utility for everyone. Make sure not to miss out on the OpenOcean x SafePal Wallet Holder Offering that’s happening right now.