INO rules

There are two models that a NFT sale can be launched on KingdomStarter INO Launchpad: For staking members and non-staking members.

For staking members

Tier model

  • We still apply the tier system for KDG token holders to access exclusive NFT and Project Launch. In order to access each tier, a fixed minimum number of KDG tokens needs to be staked and it's the tier system for IDO also.

👉Stake at: https://stake.kingdomstarter.io/#/

  • You will be able to join INO after you have staked enough KDG tokens for a tier. The maximum number of boxes (max-buy) that you can buy in an INO is determined by your tier access. Furthermore, each INO will have a different max-buy.

💡For example: Users in Tier Mars can purchase a maximum of 10 boxes, while Earth, Venus, and Mercury have a maximum of 6, and Star has a maximum of 3.

Max-buy

When INO opens, you will see your max-buy and will be able to purchase NFT from 1 to max-buy quantity.

Note: We apply First Come, First Served rules for the INO sales. That is, even if you have been whitelisted and have the opportunity to join INO, if there are more users than NFTs or spots available, participation will be assigned to the fastest users who have completed the purchase step.

For non-staking members

  • No whitelist, no staking

👉For this rule all users can join INO, no need to stake KDG and no have any whitelist.

  • Max-buy is allocated the same for all participants

  • First come, first served rule will be applied

Round and phase

Round

In INO, we did not divide into Guaranteed and Community rounds as IDO, there is only one round for INO.

Phase

On KingdomStarter, there will be more than 1 INO phase based on how many NFT boxes are left over from the previous phase.

Important notes

Swap currency

INOs on KingdomStarter will not be able to purchase boxes using any specific currency. Users may purchase INO boxes using KDG tokens, BUSD, BNB, USDT... or any other tokens assigned by INO projects.

Flexible rules

Remember that all of the rules announced in this article are subject to change at the discretion of each INO. We will fix the rule to join INO based on the requirements of INO projects: the rules can be changed, the max-buy can be different, and the tasks can be less or more than normal.

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