How to Participate in an IDO
In this article, we will answer your questions on the new BSClaunch IDO whitelisting guidelines, the holding mechanism, and how to join one.
Get-to-know about our Launchpad
BSClaunch is a Next-generation DEFI platform with an Ecosystem launcher that uses Initial Decentralized Offerings, or IDOs, to connect major projects with early community members. In exchange for funding, a project will give tokens to community members (IDO participants) during an IDO. As a result, projects can generate funds and expand their communities, while participants gain access to (very) early access to high-potential tokens.
Many people want to be involved in IDOs, yet there isn’t enough space for everyone. As a result, taking part in an IDO successfully necessitates a few actions in advance to assure fairness and security.
Step 1: Discover coming IDOs
The fastest way you can catch a new IDO on our platform is through the official Telegram announcement channel and Twitter. Plus we also have a vibrant community of 58,000+ members who are always ready to help and keep you up to date with news and discuss investment-related topics in the telegram chat group.
Announcement Channel: www.t.me/Bsclaunchchannel
Community Chat: www.t.me/Bsclaunchgroup
Twitter: www.twitter.com/BSClaunch
Step 2: Pick one and start joining the whitelist
Before each IDO event, we will whitelist and publish updates on new mechanics (if any) on our official announcement channel on Telegram and Twitter. You can earn yourself a chance to participate by subscribing to our whitelists by following these simple steps:
- Find a whitelist that is open for the project that you want to join
In this step, you may need to perform some simple tasks in the whitelisting form to get whitelisted. Such as providing your information, and wallet address, spreading the news on our social media, or KYC (if the project requires KYC users, in most cases KYC is not necessary). Last but not least, pay a little bit more attention to the Whitelisting Details that we publish.
- Learn about our IDO mechanism (Holder/Farmers/Non-Holder)
Currently, there are three ways for you to join our IDO event.
1. Buy and hold tokens; you will receive an allocation equal to the tier you achieved. In addition, $BSL holders have the privilege of participating in special Airdrop events organized by us and other partners.
2. Farming to receive LP Tokens, you will receive an allocation equivalent to your achieved tier. In addition, you can still keep farming to accumulate your rewards while you get yourself a chance to be one of the early investors in our potential projects (recommended) ✅
3. Sign up for our community whitelist and do a few simple steps to get yourself the chance to join IDO free
For further details, please read the full article here: Ranking System Policy Updates for BSClaunch
Step 3: Participate in the IDO
This will be the last part of the article on how to join IDO on BSClaunch, This will be a guide to using our App B-Launch to be able to buy your allocation once you have whitelisted. Make sure that you’re whitelisted!
1. Visit www.app.bsclaunch.org/pools
2️. Connect your MetaMask wallet (BEP-20). Don’t know how to connect your MetaMask wallet on our App? Check out our tutorial here: https://t.me/Bsclaunchchannel/297
3️. Select your pool & make sure you join the correct pool. Once the IDO starts, click the “Join Pool” button
4️. Approve the allocation amount in BUSD (max allocation will be shown)
5️. ️ Approve your transaction
6️. Once confirmed, you have to wait for the pool time to finish before claiming your token
Please note:
- The contract address will be announced by the team through our official Telegram & Twitter channels only. Please beware of the fake contract address.
- Always check the URL you’re visiting: BSClaunch.org
About BSClaunch / BSClaunch Socials
BSClaunch is a smart investment platform based on Binance Smart Chain, enabling projects to raise capital in a decentralized environment, and the community to invest with safety, freedom, and equal opportunity. BSClaunch isn’t just another launchpad, we are an ecosystem launcher that provides a full suite of DeFi solutions.
With BSCLaunch, we will not just offer a very safe and well-supported all-in-one Launchpad for one product fundraises but multi-product projects! It also opens the possibility of complementary but separate projects to bundle themselves and launch together.
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