Pricing:
$20 per token for Whitelist Sale / $25 per token for Public Sale
Fantom DAO set the price in a way that everyone who trusts Fantom DAO has a chance to collaborate in this presale and receive good returns.
Supply and Allocation:
Initial Circulation Supply: 60,500 $MAGIC
- Whitelist IDO: 22,500 $MAGIC
- Public IDO: 22,000 $MAGIC
- Initial Liquidity: 16,000 $MAGIC
There will be no team or investor allocation in the IDO.
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.
- The whitelist round is only open to individuals who have met specified criteria and have received the whitelist qualification.
- 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