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Participating in a Presale

Participating in a presale on Koincity involves understanding various elements of the process, from launchpad specifics to contribution rules and special access privileges. This section guides potential investors through the key steps and considerations for engaging in a presale on Koincity.

Understanding the Launchpad Structure​

  1. Launchpad: The platform where token presales are conducted.
  2. Soft Cap: The minimum funding target that needs to be achieved for the presale to be considered successful.
  3. Hard Cap: The maximum funding limit; reaching this amount signifies full success of the presale.

Contribution Guidelines​

  1. Minimum and Maximum Contributions: Each launchpad sets specific minimum and maximum contribution limits for participants.
  2. Initial Contribution: Users must contribute at least the minimum amount specified to participate in the presale.
  3. Subsequent Contributions: After the initial contribution, the minimum amount for additional contributions is set to 1 Koin.

Special Access and Restrictions​

  1. Koincity Moon Boys NFT Holders: These holders get 1-hour early access to every launchpad.
  2. Koin Crew The Crew NFT Holders: These holders get 30-minutes early access to every launchpad.
  3. Koinos Garden NFT Holder-Exclusive Launchpads: Some launchpads are exclusively open for Koinos Garden NFT holders, but Koincity Moon Boys NFT holders also gain access to these.
  4. Withdrawal Option: Users have the option to withdraw their contribution from a launchpad with a 10% fee.

Outcomes of a Presale​

  1. Successful Launchpad: Defined by meeting at least the soft cap. Achieving the hard cap marks the project as 100% successful.
  2. Failed, Cancelled, or Timeout Launchpads: If a launchpad fails to reach the soft cap, is cancelled, or times out (a successful launchpad not finalized before the latest launch time), it is considered failed, and users can withdraw their contributions without a fee.

Claiming Launchpad Tokens​

  1. Post-Finalization: After a launchpad is finalized, indicating the successful provision of liquidity to KoinDX, participants can claim their launchpad tokens.
  2. Claiming Process: The specific process for claiming tokens will be provided on Koincity, typically involving interaction with the user’s Koinos-compatible wallet.

Steps to Participate in a Presale​

  1. Choose a Launchpad: Select a launchpad based on your investment preferences and eligibility.
  2. Understand the Terms: Read the launchpad’s details, including soft cap, hard cap, and contribution limits.
  3. Contribute: Follow the steps on Koincity to make your contribution, adhering to the minimum and maximum limits.
  4. Monitor Progress: Keep track of the launchpad’s progress towards its funding goals.
  5. Claim Tokens: Once the launchpad is finalized and liquidity is provided to KoinDX, claim your tokens as per the instructions provided.

Conclusion​

Participating in a presale on Koincity offers various opportunities for investors, including early access for NFT holders and flexible contribution options. Understanding the rules and conditions of each launchpad, along with the options for withdrawal and claiming tokens, is crucial for a successful investment experience. This guide aims to equip potential investors with the necessary knowledge to navigate the presale process on Koincity effectively.