Coin Terminal, the only open access Web3 launchpad with a money-back guarantee, has expanded its incentive model by automatically entering a monthly cryptocurrency lottery, regardless of whether contributors later withdraw their investment.
This unique combination has paid off for Yurii Ovsii, a 44-year-old Ukrainian who recently fled war in his home country and settled in Florida. Despite requesting a full refund from the Coin Terminal token sale, Ovsii was randomly selected as the winner of the platform’s $10,000 lottery drawing.
Since launching the lottery feature in mid-2024, Coin Terminal has matched all eligible IDO participants who donated at least $250 to a recurring prize drawing. Users who later request a refund will also keep the item. The winner selection process uses Chainlink’s Verifiable Random Function (VRF) to ensure fairness and on-chain transparency.
Ovsii previously invested $14,000 in Project Merlin, a Web3 ecosystem designed to support startup growth. After the project’s expected Binance listing was cancelled, Coin Terminal refunded Ovsii under its 100% money-back guarantee, a key feature of the platform.
“When I got the call from Coin Terminal that I had won, I couldn’t believe it. I thought I was dreaming,” Ovsii said after hearing the news.
“I will use this money to get more entry into the coin terminal. Most importantly, I will pay for a vacation to spend some quality time with my family. I feel really blessed to have won this lottery, even though I got my entry fee refunded.”
A total of 1,200 participants won the Ovsii round. Coin Terminal points out that users do not need to take any additional action to participate in the lottery and all eligible contributions will be automatically included.
Coin Terminal’s approach to IDO participation removes several traditional barriers by removing staking requirements and providing investors with a safety net through full refund rights. This has helped us attract retail users looking for reduced risk and increased transparency.
The platform has launched over 80 token sales since its inception, including projects such as AIT Protocol, StarHeroes, and K9 Finance. In some cases, these sales have included partnerships or support from prominent venture capital firms, including Coinbase Ventures, Animoca Brands, DCG, OKX Ventures, and Binance Labs.
By combining accessible entry, capital protection, and incentive-based participation, Coin Terminal continues to position itself as a stepping stone focused on investor trust and inclusion within the evolving Web3 landscape.
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.