π₯How to participate in an IDO?
In this article, you will learn about how to participate in an IDO on Unicorn Hunter Launchpad, as well as the detailed steps involved.
I - Allocation Mechanism
Unicorn Hunter Launchpad employs three allocation rounds as follows:
Lottery Round
Eligible Participants: All investors at every level.
Operation: Utilizes a random draw mechanism. Each investor registering for an IDO project will receive a certain number of lottery tickets. The higher the investor's level and points, the more tickets they receive, increasing their chances of winning an allocation slot.
Guaranteed Round
Eligible Participants: Silver, Gold, Diamond tiers.
In this round, guaranteed allocations are distributed among eligible investors based on their tier, accumulated points, past participation in projects, and investment amount. The more pools an investor participates in, the greater their chances of receiving assured allocations in this round.
First come, first served (FCFS)
Eligible Participants: Bronze, Silver, Gold, Diamond tiers.
The FCFS round opens only if, after the payment rounds conclude, there are remaining allocation slots for the project. At this point, based on points and ranking, eligible investors will receive additional allocation slots. However, due to the First Come, First Served mechanism, those who arrive first will be able to purchase first. Investors receiving allocations in this round need to make payments as quickly as possible to avoid being outpaced by others.
II - 4-Step Process to Participate in an IDO Pool:
The process of participating in an IDO pool comprises four main steps:
Step 1 - Registration
Step 2 - Allocation Result
Step 3 - Payment
Step 4 - Claim
Step 1 - Registration
Investors can find a list of ongoing or upcoming projects in two areas:
a, On the Unicorn Hunter Launchpad homepage - in the Upcoming Pools section.

b, On the Pool list page:

To view detailed information about each project, simply click on the project name to access its information page. Here, you will find all the essential details about the project (team, product, backers & partners, roadmap, tokenomics, etc.) to consider before making an investment decision.

On the right-hand side of the project information page, you will see a notification box with a countdown timer to the Registration Open milestone. When the countdown timer expires, you can press the "Participate Now" button to proceed with registering for the project.
Please note, to successfully register for participation, you need to meet the following 2 conditions:
You have completed the 3-step account verification. If not completed, the system will prompt you to finish all 3 steps before proceeding.
You have sufficient balance in the wallet linked to your account (the wallet balance requirement will depend on each project).
Once your account meets these two conditions, you can successfully register for the project.

Step 2: Receive Allocation Result
In this step, you will receive specific notifications regarding the allocation you have received from the Lottery and Assurance rounds. This allocation amount will be automatically calculated by the system based on your points and ranking.
Step 3: Payment
Each IDO pool on the Unicorn Hunter Launchpad system will have 2 payment rounds:
Early Payment Round
Official Payment Round
In case both payment rounds end and there are still remaining allocations, the 3rd payment round (First Come First Served) will be opened.
Early Payment: You can fully pay your allocation in the early payment round. We recommend completing the payment in full during this step to ensure your allocation.
Official Payment: If you have only partially paid during the early payment round, please complete the remaining payment in this round.
FCFS: You should not wait until the FCFS round to proceed with payment, as allocation at this stage will be very limited. If you do not act quickly, you may miss the investment opportunity.
Step 4: Claim
Here, you can track the statistics of your investment, the total number of tokens you have successfully purchased, as well as specific claim milestones over time.
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