Eligible purchasers can fund their purchase using Tether (USDT) or USD Coin (USDC) from a non-custodial, external cryptocurrency wallet. Payments made in USDT or USDC will equate to the value of one United States Dollar (“USD”) regardless of fluctuations in USDT or USDC.
You must also have a sufficient balance of ETH in your wallet to cover Ethereum network gas fees when submitting your transaction. If your wallet does not have enough ETH for gas, your transaction will fail even if you have enough USDT or USDC to fund the purchase.
The wallet address linked during the wallet connect step will be the default wallet for payment and the wallet that receives any token distribution, regardless of which wallet ultimately sends the funds. Additional non-custodial, external wallets can be used to fund a purchase, but tokens will always be distributed to the wallet connected during the sale flow.
Please allow a few minutes for transactions to be reflected in the purchase UI after submitting payment.
Rainbow is a self-custodial crypto wallet that lets users securely store, send, receive, and manage digital assets directly from their own wallet, without relying on a centralized intermediary. It supports tokens, NFTs, swaps, and multiple Ethereum-based networks through a simple, user-friendly interface. With Rainbow, users always remain in full control of their private keys and onchain activity.
CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer RNBW tokens for purchase during the Rainbow Token Sale to prospective participants in the US (and its territories), with the exception of U.S. accredited investors, Canada, and the EU (except for up to 149 natural or legal persons per Member State under MiCAR exemptions), and any individual, country, or territory subject to US, EU, UN, or UK sanctions, and certain unsupported jurisdictions.
To learn more about the "Filling from the Bottom" Allocation Method, see here.
After the purchase period closes, allocations will be selected based on the “Filling from the bottom” allocation method. Users who are not selected to receive an allocation will receive their funds back to their funding wallet within 5 business days.
In order to participate in the Rainbow Token Sale, users will need to fund their purchase request with the minimum purchase amount ($100 USD worth of USDC or USDT). There is no pre-funding deadline, but users will need to fund their purchase request within the 7-day timeframe, from December 11 at 17:00 UTC to December 18 at 17:00 UTC, to be eligible for an allocation.
In order to be eligible to participate in the Rainbow Token Sale, users must pass KYC verification and have an external non-custodial wallet address to fund their purchase request.
Once the purchase period begins, users will be prompted to submit a purchase request, with a minimum purchase of $100.00. You will not be able to submit a purchase request that is larger than the amount of USDC or USDT that you hold in your external wallet.
After the purchase period closes, December 18, 2025 at 17:00 UTC, allocations will be selected based on the ‘Filling from the Bottom” allocation method. Users will be informed of the final allocations within 5 business days of December 18, 2025 at 17:00 UTC.
Users who are not selected to receive an allocation will receive their funds back in their funding wallet within 5 business days of December 18, at 17:00 UTC.