Jester Sale Results & Token Locks
On April 1st we held a Flash-Sale for our Promo Kitsu “Jester” — here’s how it went!
From the moment we opened up for auction on the Jester eggs, there has been a tremendous amount of interest from the community. The first released Jester with the ID #250 ended up in a bidding war which pushed the price up to 1 Million $KMC (almost 3x higher than the starting price)!
In total, 151 out of 200 Jesters have been sold during the Flash Sale, many of them being bidded on ferociously by our community for a total of 629 individual bids. The average price a Jester auction has ended for is 440,376 $KMC, which is 17% higher than the starting price.
We have raised a total of 66,496,826 $KMC with this Flash Sale, 45% of which has been locked up for 12 months, vesting daily. To show our long-term faith in the project. 5% of the raised $KMC has been burned, 35% has been retained in our Treasury and the last 15% is allocated to our eco-system development fund.
That’s it for this sale breakdown! Make sure to closely monitor our Socials for future flash-sales as well as cool news and sneak peaks 😎