IDO PARTICIPATION
Based on the data provided by the project, BitStarters will provide a summary of the information received after conducting our due diligence. It will allow the participants to have a summarized view of the project information and other data.
.Step-by-Step participation process
Preliminary Steps:
· To be eligible for IDO participation, a user must be KYCed, and must be staking at least 1 BIST at least 48hrs to IDO Purchase.
· To be considered for whitelist pool, a user must apply for whitelist slot.
· Users that meet the threshold for Priority Pool will be required to reserve their slot in Priority Pool.
· Snapshot of users’ BitPower will be taken at random timestamps and used for whitelisting lottery.
· Priority List and Whitelisted users will be announced at least 24hrs to IDO Process.
IDO Process:
Round One: Priority and Whitelist Pools
Priority Pool and Whitelist Pool will be open to eligible users. Users will have exactly 1hr to purchase their guaranteed allocation.
Round Two: Community Pool
All KYCed users of our platform will compete for Community Pool allocation and LeftOver Allocation from Round 1(if any). This will be on FCFS basis
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