Democratizing IDO rounds
Instaraise aims to be the equalizer, bringing presale opportunities to the average crypto user. This is done in two rounds: Private and public.
- 1.Private rounds: To make it as fair as possible for holders, we've integrated “pool weight score,” which determines how much allocation you receive. Pool weight score depends on how many $INSTA tokens you stake plus the interval for which it's staked. Essentially, this gives every community member a possibility to join presales that are generally unavailable to them directly via the project owner.
- 2.Public rounds: As of the v1 launch, the Public sale is open for all participants but every participant has a fixed pool size i.e only a fixed amount they can invest in the pool which is set by the project owner in our smart contract. By v2 the same principle of “pool weight score” applies, but it depends on how many tokens the user owns. No need to stake, only hold.
Note: * Our smart contracts are configurable and, It depends on project owners how they want to democratize their IDO
Let's take an example on the 70-30 ratio for Private and Public round on the Amount of token for Sale