Today, we’re excited to unveil our approach to IDOs, emphasizing fairness, inclusivity, and transparency. In this article, we’ll delve into the details of our IDO Whitelist and Public Sale phases, outlining the key features and mechanisms.
IDO Whitelist Phase
During the IDO Whitelist phase, participants have the opportunity to secure their spots in the token sale under predetermined conditions. Here’s what you need to know:
1. Staked Genesis NFT: Each staked BAC Genesis Runner NFT automatically earns one IDO whitelist spot post-snapshot.
2. Multiple IDO Whitelist Spots: Participants can accumulate multiple whitelist spots using a single address.
3. Guaranteed Allocation: Each whitelist spot entitles the holder to a guaranteed allocation of $BAC tokens.
Public Sale Phase:
Following the IDO Whitelist phase, we transition into the Public Sale phase, characterized by the following aspects:
1. Fixed Token Supply: The total supply of $BAC tokens available for sale during the Public Sale phase remains constant.
2. Oversubscription Mechanism: To ensure fairness and accommodate demand, the Public Sale phase adopts an oversubscription mechanism.
3. Allocation Distribution: At the conclusion of the Public Sale phase, $BAC tokens are distributed based on the total subscription amount, with proportional refunds issued for oversubscribed allocations.
Stay tuned for further updates!
