How to Participate in an IDO on Launchpad
Here you will learn how to participate in the Launchpad: register and buy tokens of an IDO project you like.
Before start, please, be ensure that you are using Blast network and have assets on Blast network to participate. Please, check these pages to know How to integrate Blast Network with MetaMask and How to bridge to Blast Network.
Step 1: Open app.blastup.io and Connect your wallet.
Step 2: Buy at least 2000 BLASTUP tokens.
Step 3: Choose an IDO project with open registration on the Launchpad's active projects page and click on the project card.
Step 4: Review the project information: it is important to understand the registration time for the IDO, the start time of the first stage of sales, the start time of the second stage of sales, and the end date of the sales. Click the "Participate" button → You will be redirected to your wallet to sign the transaction for participation in the IDO.
Step 5: After registration confirmation, your current status will change to "Registered" and your current level will be displayed (there are a total of 6 BlastUP Tiers on the Launchpad → the higher the level, the higher the allocation of IDO project tokens).
Step 6: The size of the available allocation will be calculated after the registration period is completed. The Launchpad smart contract will automatically assign you an available token allocation based on the total number of registered participants, their level, and weights.
Step 7: The first phase of token purchase opens - you can buy the allocated tokens using ETH, WETH, or USDB on the Blast network. All levels participate in the first phase.
Step 8: The second phase of token purchase opens - Premium Tiers can purchase the remaining unclaimed allocation on a "First come, first served" basis.
Step 9: Sales completion and a short period for finalizing the IDO.
Step 10: Token claiming - you can claim the purchased tokens to your wallet by clicking the "Claim tokens" button. Typically, you will receive 15 to 25% of the tokens immediately, with the rest distributed over time.
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