Fantom DAO Upcoming IDO Details!

IDO Details

Pricing:

$20 per token for Whitelist Sale / $25 per token for Public Sale

Supply and Allocation:

Initial Circulation Supply: 60,500 $MAGIC

  • Whitelist IDO: 22,500 $MAGIC
  • Public IDO: 22,000 $MAGIC
  • Initial Liquidity: 16,000 $MAGIC

IDO Usage:

40% — Initial Liquidity

40% — Treasury

20% — Developments and Partnerships

The IDO Plan:

The IDO is split into two stages, including a whitelist round and a general public round.

  1. The whitelist round is only open to individuals who have met specified criteria and have received the whitelist qualification.
  2. Anyone can participate in IDO to purchase a $MAGIC token during a standard public round.

The IDO will be held on Fantom DAO’s website: https://www.fantomdao.finance/

1. Whitelist Round

There are a total of 300 addresses for the whitelist, and the details are as follows:

  • Participants: Person who owns the address selected as the whitelist
  • Token quantity: Up to 22,500 $MAGIC token
  • Token Price: $20 worth of FTM
  • Quota per wallet: Up to 75 $MAGIC tokens FTM ($1,500 worth of FTM)

Whitelist Quantity Distribution

There are 4 ways to get a whitelist spot.

1) Social Media Promotion: 200 Addresses (By Quality)

Creating and promoting Fantom DAO promotional content through any social media channel will count towards the whitelist spots.

e.g. Twitter, Telegram, Kakao Talk, TikTok, Instagram, YouTube, and blog, using links or screenshots

➡ Submit your entry to the google form below:

https://forms.gle/QT6BHXXSFdSWtQUb9

2) Discord and Telegram Activity: 50 Addresses

The team will handpick all the winners of this category based on the support that a certain individual has given to their project and is contributing actively to their platforms.

➡ Join their Discord here: https://discord.gg/Zhveyvu2ET

3) Giveaway: 30 Addresses

You can participate in the giveaway through Gleam.io.

➡ Giveaway link: To Be Announced

4) Meme Contest: 10 Addresses (By Quality)

Make memes and videos using Fantom DAO’s name and logo, and submit them below to grant yourself more allocation for the whitelist round:

➡ Meme Contest Details: https://twitter.com/Fantom_DAO/status/1490303125139640321

2. Public Round

There is no limit to the addresses that can participate in the public round:

  • Participants: Anyone
  • Token quantity: Up to 22,000 $MAGIC tokens
  • Token Price: $25 worth of FTM
  • Quota per wallet: None.

Timeline

Whitelist application period: until February 20th

Whitelist Selection Announcement: February 21st

Whitelist IDO: February 22nd — February 23rd

Public IDO: February 23rd

$MAGIC Token Claim: February 24th

📰 INFO 

https://medium.com/@fantomdao.official/fantom-dao-ido-details-77ec615ba669

Market Stats:
BTC Dominance: 57.31%(-0.64%/24h)
ETH Dominance: 12.77%(+0.61%/24h)
Defi Market Cap: $97.64B(+15.14%/24h)
Total Market Cap: $3240.76B(-2.41%/24h)
Total Trading Volume 24h: $233.44B(+21.04%/24h)
ETH Market Cap: $413.93B
Defi to ETH Ratio: 23.59%
Defi Dominance: 2.88%
Altcoin Market Cap: $1383.43B
Altcoin Volume 24h: $156.36B
Total Cryptocurrencies: 32413
Active Cryptocurrencies: 10202
Active Market Pairs: 91115
Active Exchanges: 762
Total Exchanges: 9625
BTC: 93936.68$(-0.9%/1H)
ETH: 3433.15$(-1.23%/1H)
AVAX: 42.23$(-1.26%/1H)
BNB: 638.54$(-1.03%/1H)
MATIC: 0.56$(-3.31%/1H)
FTM: 0.96$(-0.08%/1H)
ADA: 0.97$(-3.31%/1H)
DOT: 8.39$(-1.23%/1H)
UNI: 11.31$(-1.64%/1H)
CAKE: 2.74$(-1.43%/1H)
SUSHI: 1.08$(-1.45%/1H)
ONE: 0.02$(-0.25%/1H)