Update ITHEUM IDO: Prepare the EGLD stability snapshot

The ambiance is heating up ahead of the IDO Iteum occasion. The KYC registration and implementation method has officially closed considering that three:00 pm now (March 25, 2022) Vietnam time. Below is a summary of what end users will need to do following to safe the order of IDO.

Snapshot EGLD

As portion of Elrond Maiar Launchpad’s pursuits, the following stage in the IDO ITHEUM method is to get a snapshot of the volume of staking or authorized EGLDs for each and every token handle to establish which end users have effectively passed the KYC method.

The snapshots will be acquired by the method at a random second on March 25, 2022 and stored in the Launchpad sensible contract to be certain transparency and fairness for all Iteum end users.

Users will be positioned in a single of the following 5 ranges primarily based on the variety of EGLDs:

Based on the ELGD stability, the consumer will earn the corresponding degree

Note: EGLDs that are not staking or authorized will not be counted.

Next stage

  • March 26, 2022: Eligible persons will need to order IDO tickets to participate in the token sale occasion, in accordance to each and every rank will be obtained with the corresponding variety of tickets. The selling price for each and every ticket is 200 USD and is paid in EGLD tokens. Users have 24 hrs to order an IDO ticket.
  • March 28, 2022: closure of the ticketing method. The task will hold a fortunate draw to choose the ultimate winner. Those who are unlucky will be reimbursed by ELGD.

See additional facts right here: https://maiarlaunchpad.com/itheum/how-to-guide

About Iteum

Iteum gives a set of equipment that permit you to hyperlink higher-worth information from Web2 to Web3 and therefore execute peer-to-peer transactions without the need of any centralized intermediary. This will permit end users to continue to keep their information harmless and conveniently join the Web3 and Metaverse information economic system.

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