CWFC Project Concludes Subscription with High Participation

The second phase of the CWFC project concluded its subscription on April 4 at 16:00, with the Token Generation Event (TGE) set to be completed by 20:00 the same day. According to ChainCatcher, the event attracted over 42,000 participants, with a total subscription amount of 58,563,157 USDT, exceeding the target by nearly 59 times. Following asset settlement, there will be no lock-up period, allowing users to immediately sell or withdraw their holdings. The project continued to offer a multi-currency participation mechanism, enabling users to subscribe using JU, USDT, BTC, or ETH, with allocations standardized in USDT terms. A dynamic winning rate model was introduced, increasing the rate by 0.2% for every additional 5,000,000 USDT raised. Participants who successfully invited friends to join could share up to 20% of the final token issuance as a reward.