Refunded but Still Rewarded: Coin Terminal User Wins $10K in Monthly Crypto Lottery

Coin Terminal, the only open-access Web3 launchpad offering guaranteed refunds, has expanded its incentive model by automatically entering contributors into a monthly crypto lottery, regardless of whether they later withdraw their ￰0￱ unique combination recently paid off for Yurii Ovsii, a 44-year-old Ukrainian who resettled in Florida after fleeing the war in his home ￰1￱ requesting a full refund from a Coin Terminal token sale, Ovsii was randomly selected as the winner of the platform’s $10,000 ￰2￱ launching its lottery feature in mid-2024, Coin Terminal has linked all eligible IDO participants who contribute at least $250 to a recurring prize ￰3￱ users who later claim refunds retain their ￰4￱ winner selection process uses Chainlink’s Verifiable Random Function (VRF) to ensure fairness and on-chain ￰5￱ had previously invested $14,000 in Project Merlin, a Web3 ecosystem designed to support startup ￰6￱ the project’s anticipated listing on Binance was canceled, Coin Terminal refunded Ovsii under its 100% money-back guarantee, a core feature of its platform.

“I couldn’t believe it when Coin Terminal contacted me to let me know that I’d won, I thought that I was dreaming,” Ovsii said after receiving the news. “I am going to use this money to enter more launches at Coin Terminal and, most importantly, pay for a holiday in order to spend some quality time with my family. I feel so blessed to have won this lottery, even though I had refunded my entry.” The round Ovsii won included 1,200 total ￰7￱ Terminal notes that no additional action is required from users to join the lottery, every qualifying contribution is automatically ￰8￱ Terminal’s approach to IDO participation removes several traditional barriers by eliminating staking requirements and offering investors a safety net through full refund ￰9￱ has allowed it to attract retail users looking for reduced risk and increased ￰10￱ platform has launched over 80 token sales since its inception, featuring projects such as AIT Protocol, StarHeroes, and K9 ￰11￱ several cases, these sales have included partnerships or backing from high-profile venture capital firms, including Coinbase Ventures, Animoca Brands, DCG, OKX Ventures, and Binance ￰12￱ combining accessible entry, capital protection, and incentive-driven participation, Coin Terminal continues to position itself as a launchpad focused on investor trust and inclusivity within the evolving Web3 landscape.

Disclaimer: This article is provided for informational purposes ￰13￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.