ABOUT BAC IDO
- IDO Price: 0.5 U/$BAC
- IDO $BAC Allocation: ~ 700,000
Participation Details
Start & End Time:
- Start Time: May 29th, 10:00 UTC+8
- End Time: May 29th, 23:59 UTC+8
Subscription Asset:
- ETH
- ETH Price: Average price from May 25th, 10:00 PM UTC+8 to May 28th, 10:00 PM UTC+8
IDO Pool:
Whitelist Pool: Includes participants from the BAC Genesis Runner NFT Phase 2 Staking Event and the BAC Contributor Program (e.g., a 500 BAC token quota equals 5 whitelists).
- Each whitelist guarantees an allocation of 100 $BAC tokens.
- A single address can hold multiple whitelists.
Public Sale Pool:
- The allocation for the public sale pool will be the total allocation minus the actual allocation sold in the whitelist pool.
- The minimum subscription amount per address is 10 U.
- After the subscription is completed, the final allocation will be confirmed based on the total subscription amount, and any excess ETH will be refunded soon after the IDO.
Allocation Calculations:
- Total Public Sale $BAC = Total IDO $BAC — Whitelist $BAC Purchase Amount
- User’s $BAC Allocation = Total Public Sale $BAC * (User ETH Deposited / Total Public ETH Deposited)
- User ETH Refund = User ETH Deposited — (User’s $BAC Allocation * 0.5 / ETH to U Ratio)
Vesting Description
Unlock Schedule:
- 50% unlock upon TGE
- Remaining 50% unlock after 2 weeks
- Distribution Method: Direct airdrop to user addresses
For more information and updates, follow us on our official channels!
