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 investment.
This unique combination recently paid off for Yurii Ovsii, a 44-year-old Ukrainian who resettled in Florida after fleeing the war in his home country. Despite requesting a full refund from a Coin Terminal token sale, Ovsii was randomly selected as the winner of the platform’s $10,000 lottery.
Lottery Mechanics and Fair Play
Since launching its lottery feature in mid-2024, Coin Terminal has linked all eligible IDO participants who contribute at least $250 to a recurring prize draw. Even users who later claim refunds retain their entry. The winner selection process uses Chainlink’s Verifiable Random Function (VRF) to ensure fairness and on-chain transparency.
A Refunded Winner's Story
Ovsii had previously invested $14,000 in Project Merlin, a Web3 ecosystem designed to support startup growth. When 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 entries. Coin Terminal notes that no additional action is required from users to join the lottery; every qualifying contribution is automatically included.
Coin Terminal's Investor-Centric Approach
Coin Terminal’s approach to IDO participation removes several traditional barriers by eliminating staking requirements and offering investors a safety net through full refund rights. This has allowed it to attract retail users looking for reduced risk and increased transparency.
The platform has launched over 80 token sales since its inception, featuring projects such as AIT Protocol, StarHeroes, and K9 Finance. In 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 Labs.
By 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.