Coin Terminal Introduces Lottery Rewards for Refund-Protected IDOs

Investor Protection and Gamification: Coin Terminal has introduced a unique model that combines investor safety with a monthly on-chain lottery, allowing participants in token sales to win $10,000 in crypto, even if they opt for a refund.

Transparent Lottery System: The lottery utilizes Chainlink’s Verifiable Random Function (VRF) to ensure fairness, automatically entering users who contribute $250 or more into the draw, which includes those who have withdrawn their investments.

Redefining Web3 Fundraising: Since its launch in 2024, Coin Terminal has established a refund mechanism that allows investors to reclaim funds if projects underperform, attracting support from major venture capital firms and making it accessible to retail investors.

Encouraging Community Engagement: By shifting the focus from high-risk speculation to accountability and gamified rewards, Coin Terminal aims to enhance participation in Web3 launches, potentially transforming investor perceptions of fairness and engagement in decentralized finance.