The Star Atlas task IEO task will get location on the FTX exchange at 19:00 on August 26, 2021 (Vietnam time). At the exact same time, the task will have PAID Ignition’s IDOs on Raydium and Apollo-X.
Prepare for IEO
Before participating in IEO, inform by yourself very carefully about the task Star atlas.
To participate in the IEO, be certain to study the guidelines under and do the following in advance:
- Register your FTX account and submit Level two KYCs. Due to numerous new registrations, there is no promise that your KYC will be accredited in advance of the IEO. Submit KYC as quickly as doable and get accredited to be eligible for IEO.
- Note that you need to have at least 150 FTTs wagered on FTX to participate in the IEO and you will get a lot more tickets if you bet a lot more.
- Starting time: IEO commences at 19:00 on August 26, 2021 (Vietnam time).
- Prepare the revenue to bid: at least USD 400 (T) and at most USD 500 (T) and five FTT for every ticket.
- Bet on FTT to near the ticket assignment 24 hrs in advance of the IEO.
Nothing ensures your suitable to participate in the IEO or obtain any allocations.
Join IEO
one. Create your FTX account and comprehensive KYC degree two
two. Create your IEO sub-account. This will develop a unique sub-account referred to as ATLAS-IEO, which you will fund and use to participate in the IEO
three. Top up your sub account. You will use these money to send bids.
four. Set your bid.
Use the present type for ATLAS and POLIS to submit your present. Please note that features can only be positioned in between 19:00 and twenty:00 on August 26, 2021 (UTC).
You will only be in a position to submit features if you have finished KYC Level two at least 24 hrs in advance, which is eight:00 pm on August 25, 2021. US residents and residents of any restricted jurisdiction are not permitted to participate.
five. Waiting for the outcome
two,000 tickets accepted (all 360,000,000 ATLAS tokens and three,600,000 POLIS tokens). At 9:00 pm on August 26, 2021 (Vietnam time), FTX will distribute the lottery. The tokens will go to the highest bidders in situation there are two,000 tickets, every with an present of 500 USD + five FTT for every ticket, FTX will assign them randomly.
Within hrs of the allocation remaining established, the transactions will be printed on the winning buyer’s sub-account and you will be in a position to transfer money (not ATLAS and POLIS) from the ATLAS-IEO sub-account.
- If you do not attain the assignment, your revenue will be returned
- If you location an FTT bid but win the auction with no it, the FTT will be returned
- All wagered FTTs will be burned.
six. Use your ATLAS and POLIS
Any ATLAS and POLIS obtained will be unlocked when ATLAS and POLIS are listed on FTX, per the FTX Terms of Service.
Race for ATLAS and POLIS
Each present ticket, if filled in, effects in a transaction: you shell out your present and obtain 180,000 ATLAS and one,800 POLIS. You can enter the amount of tickets you want to send. Each ticket is a supplement to 180,000 ATLAS and one more one,800 POLIS You can bet as numerous tickets as you want.
Example: if you auction three tickets for 500 USD plus five FTT, you could finish up shopping for up to 540,000 ATLAS and five,400 POLIS in complete every finished ticket will concern you 180,000 ATLAS + one,800 POLIS and will value 500 USD every plus to five FTT.
two,000 winning tickets had been obtained (in complete 360,000,000 ATLAS and three,600,000 POLIS). At 9pm, FTX will distribute the lottery. The tokens will go to the highest bidders in situation there are two,000 tickets, every with an present of 500 USD + five FTT for every ticket, FTX will assign them randomly.
Bids have priority for USD (T), FTT buy: an present ($ 400, 5FTT) will be positioned in advance of a bid (forty. FTT) and immediately after one particular ($ 500, FTT).
Your ticket amount
You can participate if you have at least 150 FTT bets on FTX starting up 24 hrs in advance of the commence of the IEO. You will get a lot more tickets if you bet a lot more FTTs:
- 150 FTT: one ticket
- one,000 FTT: two tickets
- ten,000 FTT: three tickets
- 50,000 FTT: four tickets
- 250,000 FTT: five tickets
- one,000,000 FTT: six tickets
Note:
- Statistics are aggregated across all of your sub accounts.
- The optimum amount of tickets is blocked in accordance to the information up to 24 hrs in advance of the IEO. FTX will conclude the last difficulties on this web page only a couple of hrs later on.
- You can only submit features in between 19:00 and twenty:00 (UTC).
Condition:
- All participants agree to abide by the FTX Terms of Service.
- Any participant uncovered to be in violation of the FTX Terms of Service will be disqualified.
- FTX reserves the suitable to adjust the Terms and Conditions of this IEO with no observe.
- Multiple entries by an personal are strictly prohibited and will outcome in disqualification.
- Residents of the United States or residents of any restricted jurisdiction are strictly prohibited.
- Resale of obtained ATLAS and POLIS to US residents or any limited jurisdiction is prohibited.
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