Rules
The actual sales of tokens/NFTs will run on a First Come First Serve (FCFS) basis for all the tiers and rounds.
Sales pool
xPad membership pools (For user in Tier Bronze, Silver, Gold; lucky tickets and whitelisted wallets):
Public pool (For public users)
Sales allocation
XPad membership pools: 90%
Public pool: 10% (+ any left allocation from XPad membership pools)
If any allocation is left after the XPad membership pools close, public users will have opportunity to purchase in the public sale.
Sales duration
For IDO / private sales: total 2 hours
XPad membership pools: 1h (eg: 16:00 – 17:00 UTC, June 6)
Public pool: 1h (eg: 17:00 – 18:00 UTC, June 6)
For INO: total 24 hours
XPad membership pools: 1h (eg: 16:00 – 17:00 UTC, June 6)
Public pool: 23h (eg: 17:00 – 16:00 UTC, June 6-7)
Refundable rule
Considering the current market conditions, refundable rule provides benefits to both projects and protects XPad’s community, xPad will refund for IDO participants if:
The token price falls below IDO price within 72 hours of claim period.
Another IDO launchpad issues a refund.
Also, the refund process will be executed via a smart contract, and those investors who fail to make a decision within the stated time will not be eligible for a refund. We believe the refundable IDO will help our users have the ability to choose if they would like to support the project and choose the best projects for themselves.
We reserve the right to take a fee (from $1 to $5) when you get a refund depending on the requirements of the project.
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