Just a reminder:
The IDO will take place from Monday January 10th, 2022 on Flamingo.Finance.
Their governance website lists all the information you need to decide if you wish to participate in the $GM token sale. The information given here is not legal or investment advice, so please do your own due diligence before investing in $GM.
What do I need to do so I can participate in the $GM Token Sale?
There are three (3) phases to the $GM token sale
- Pre-Sale Registration — Jan 10 -14, 2022
- Pre-Sale — Jan 14–16, 2022
- Public Sale — Jan 16–18, 2022— unless sold out earlier.
STEP 1 — PRE-SALE REGISTRATION — Jan 10–14
To get ready for the $GM token sale, Go to Flamingo’s IDO page.
Purchase and stake the required level of $FLM.
Do you need to buy $FLM?
If you do not currently own any $FLM, then head over to the ‘Convert’ page of the website to purchase some with Neo N3 ‘GAS’ or NEO. Enter the amount of ‘GAS’ or NEO you wish to convert to $FLM and complete the transaction. Note: if you have NEO you need to convert it to bNEO first (section wrap on Flamingo).
To work out how many $FLM you need, please note that you must be at BRONZE tier level or higher to participate in the $GM token pre-sale, which amounts to 1000 FLM.
In order to have the best chance of securing the amount of $GM you want, then stake the highest amount you can. The higher the tier the better pre-sale weight you will have to secure your $GM once the sale starts.
This step only secures your ‘position’ in the tier levels. At this point you are NOT indicating how many $GM you want.
You will have a 4-day window to stake the required $FLM to participate.
The $FLM tiers range from ‘Public’ right up to ‘Kryptonite’. The higher tier you are in, the higher weight you will have, giving you more allocation.
Higher level Tiers
You can choose to participate at any level you wish.
You must continue to stake your $FLM to not incur a withdrawal penalty that corresponds to the tier that you are participating in. Levels Bronze-Gold require a 2-day holding period and Platinum-Kryptonite a 1-day holding period.
To get a better understanding of how the Flamingo.Finance IDO platform works, read their article here.
STEP 2- PRE-SALE — Jan 14–16
On the day the pre-sale opens, you can go to the IDO site and with your wallet connected, pre-order the number of tokens you would like.
The maximum number of $GM tokens each wallet can purchase will be determined by the level of interest and the pre-sale weightings of each wallet.
It is at the point that you indicate how many $GM tokens you would like to purchase in the sale (remembering that the actual number you end up with will be determined by the number of people wanting to buy and the tier level you have $FLM staked at).
Everyone who pre-registers will be able to buy some $GM tokens. It is up to you how many of your allocation you purchase. You can buy all allocated to you, or part of what is allocated to you. The choice is yours.
You must purchase your $GM with fUSDT. The easiest way to do this is to ‘convert’ NEO or GAS, using the same process as outlined above to purchase $FLM.
STEP 3 — Public Sale — Jan 16–18— unless sold out earlier
** If you participated in the pre-sale registration and pre-sale phases you can now ‘claim’ your $GM tokens.
To buy any remaining $GM — during the public open IDO sale day, head to the Flamingo website and if there are any tokens available after the pre-sale, they will be available to buy here.
To see full details about the GhostMarket Token sale click on the ‘Project Info’ button.
From this screen you will see that the total number of tokens for sale is 2m for 0.13 fUSDT each.
Click the ‘connect wallet’ button to connect the wallet you will be purchasing your tokens with.
You can use Neoline or O3 wallets connected to Neo N3 only (NEO Legacy is not supported).
Once connected you will be able to purchase any $GM tokens remaining. The Public Sale will be available on a first come first serve basis.
~~Please remember that you will need fUSDT in your wallet to purchase your $GM tokens~~
**PLEASE NOTE**
They expect $GM tokens to sell out very quickly. If this happens, then you may be unable to purchase any if you did not pre-register (see steps above).
GhostMarket tokens will be available on various exchanges after the public sale on Flamingo.Finance at dates and times to be announced.
If you miss out on buying tokens during this phase, you will still be able to purchase $GM tokens via other exchanges in the near future.
Liquidity Pool
As part of our partnership with Flamingo.Finance, we are setting up a liquidity pool for $FLM/$GM. The pool will be incentivised and give people the opportunity to earn $FLM. More details of this will be announced shortly after the IDO is finished.
Pre-Launch Contest — US$10,000 of $GM to be won!
Their Pre-Launch contest will be run on Gleam.io.
Follow this link to enter for your chance to win one of 10 prizes of US$1,000 worth of $GM tokens!
https://gleam.io/mTcBj/token-sale-contest
Start entering now!
Launch Contest
They will also be holding a contest during their launch for more chances to win $GM. Details will be announced before launch.
**Hint: — make sure you have an active GhostMarket user profile set up on their site that has at least minted, bought or sold an NFT.
GhostMarket is excited to be able to offer $GM to the IDO market.
About GhostMarket
GhostMarket is the most powerful cross-chain Non-Fungible Token (NFT) marketplace in the world! It sports a comprehensive selection of features wrapped in a gorgeous and intuitive user interface.
