Ten days ago we opened up registration for our CoinList Round with the goal of raising $6.6M from as many investors as possible. Having raised over $30M between our Advisory Round and our Strategic Round, we decided to work with CoinList not because we needed more money to execute on our vision, but because we wanted to grow our community and expand our reach.

After closing registration and going through the requests, we are overwhelmed by the amount of interest we’ve received. Here’s what it looks like by the numbers:

7,000+ investors registered

~$120M in allocation requests

49% of requests came from outside the United States

Given that the CoinList Round registration period was only open for a week and a half, we’re very excited to see this level of interest in Origin. In fact, because demand has been so high, processing times for accreditation and KYC checks have been taking longer than expected (although the backlog has almost been fully processed), so we apologize for any inconvenience this may have caused.

In typical Origin fashion, we’ve decided to deviate from the status quo with our CoinList Round. In order to include as many participants as possible, we are instituting a maximum investment cap. We want to give everyone that registered and passed CoinList’s checks a good chance at securing their allocations. The maximum cap will mean that “whales” aren’t favored. You will have more time to confirm and complete the funding process, though we still encourage you to act quickly.

The investment period started at June 28th at 9am PT and will end July 3rd at 6pm PT. The maximum allocation amount will be set at $25K USD. Here’s a brief breakdown of the process:

Ensure you’ve passed accreditation and KYC checks. Please note this part of the process can take up to a few days depending on processing time. If you haven’t done this already, we highly recommend you submit all your information to CoinList as soon as possible. Confirm your allocation amount. Once the round begins on June 28th, you’ll be able to invest up to $25K USD regardless of the amount you requested during the registration period. Send your funds. You can choose to send your allocation amount in either ETH, BTC or USD. Be on high alert for scammers. CoinList will provide funding instructions on their website at coinlist.co. Do NOT send funds to any addresses that you see anywhere else like on Telegram or Twitter.

If you have any trouble completing your investment, please reach out directly to CoinList through their help center. If you have any other questions, feel free to email us at coinlist@originprotocol.com anytime.

Learn more about Origin: