IDO Rounds Explained
Participation Rounds for Initial Dex Offerings on ChainGPT
Last updated
Participation Rounds for Initial Dex Offerings on ChainGPT
Last updated
ChainGPT.org
ChainGPT Pad employs a two-phased approach to IDO launches, designed to encourage commitment from the CGPT user base and maximize opportunities for projects to complete their sales. Pre-Order Access (Diamond Tier Only)
Pre-Order access is exclusive to Diamond Tier members, providing additional time to participate in the IDO before the general Guaranteed Round opens.
• Duration: 12 hours.
• Access: Diamond Tier members only.
• Purpose: Allows top-tier members early access to the IDO.
Round #1 (Guaranteed Allocation)
The first round is reserved for Silver, Gold, and Diamond Tier members who register their interest prior to the IDO launch. Registration typically opens a week before and closes 24 hours before the launch.
• Duration: A minimum of 24 hours.
• Eligibility: Silver, Gold, and Diamond Tier members, with a limited number of Bronze Tier members earning access through social campaigns.
• Conditions: The round may end early if 99% of the total capacity is reached.
Round #2 (FCFS - First Come First Serve)
The second round operates on a First Come, First Serve basis and is open to the broader ChainGPT community. No prior registration is needed, but participants should be aware that the sale could close early if the full capacity is reached.
• Duration: 12 hours (unless otherwise specified).
• Eligibility: Open to all KYC-compliant members.
• Condition: A minimum of 1% of the total capacity is reserved for this round, ensuring broader participation.
