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#FOLD DEVELOPER NEWS DESK — 2021-05-27

Manifold IDO — Everything You Need to Know


News from the FOLD Coin Development team on May 27, 2021

Manifold IDO — Everything You Need to Know

Here’s how you can get involved

Manifold’s IDO offering is just around the corner. Before we get into the details, we would like to give our community a special thanks. Thank you for your patience and unwavering support over the past few weeks. We’re now less than five days away from the IDO (which will happen on June 1, 2021).

Here’s everything you need to know in order to get your hands on FOLD tokens.

The IDO in Numbers:

Date: June 1, 2021

Time: 1PM EDT

Price per token: $3

Total number of tokens to be sold: 50,000

Maximum per person: $600 or 200 tokens

Whitelist Approval: 600 users

Please note: The Manifold IDO will be on a First Come First Serve basis and we will be using the Crowdsale Auction Type.

For more information on the different auction types and what they mean, you can check out MISO’s documentation here.

How to participate

Step 1:
Head over to the IDO page on MISO to see all the details of the upcoming offering.

Step 2:
Apply to Join the Whitelist.

In order to be eligible for selection, you must do all of the following:

Note: It is important to fulfill all four of the above requirements to be eligible.

Step 3:
Once the whitelist closes, 600 whitelist participants who are selected will receive an email with a link to complete their KYC process via Blockpass.

Step 4: (If you are selected on the whitelist)
Connect your MetaMask to MISO. This can be done by clicking the CONNECT button in the top-right of the page. At this time, MetaMask is the only supported wallet on MISO.

If you’d like to read more about this process, feel free to check out this documentation.

Once a wallet is connected, users will be able to see and interact with the Market specifics panel pictured below (an example is taken from MISO documentation):

Step 5:
Wait until the countdown has finished and swap ETH for FOLD tokens.

If you have any specific questions about the IDO process or need any clarification, please visit our Telegram community here and someone will be able to help you.

Manifold Token Metrics

Ticker: FOLD

Blockchain Network: Ethereum

Max Supply: 2,000,000

Initial Market Capitalization: $1,500,000

Total Raise (All Rounds): $2,650,000

Platform Raise: $150,000

Private Sale

Raised: $2,500,000

Price: $2.50

Lock-up: 20% at the TGE, then 20% on a quarterly basis for 12 months

Public Sale

MISO: $150,000

Price: $3.00

Personal Allocation: $600 or 200 tokens

No lock-up

FAQs

  • Where will FOLD be tradeable?
    Sushiswap
  • Are the whitelist participants announced yet?
    No, we’ll let you know when this has happened.
  • Do I need ETH or a stable coin?
    ETH
  • How can I whitelist?
    Fill out this form to apply for whitelist.
  • Why is my KYC still pending after X hours?
    The Blockpass process can take a while, so please be patient. We can’t speed up this process from our side.

To find out more about Manifold, head over to their official channels:


Manifold IDO — Everything You Need to Know was originally published in Manifold Finance on Medium, where people are continuing the conversation by highlighting and responding to this story.



Source     #FOLD Price


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