IDO 32 on ENJINSTARTER is Jigen.

ENJINSTARTER

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ENJINSTARTER

2 min readJan 17, 2022

IDO 32 on ENJINSTARTER is Jigen.

The IDO for Jigen will take place on ENJINSTARTER on the 23rd of January 2022.

Jigen is the first NFT gateway for Fashion and Luxury items in the metaverse and gaming ecosystem. Its mission focuses on three main areas: building its own brand, exclusive NFT drops through its launchpad, and custom NFT works for companies and projects. Jigen seeks to solve typical problems for brands through the use of blockchain technology such as counterfeiting, but through less technical inputs for the newer users of the industry, such as NFTs. With a simple interface that reduces the time spent for trading items and solves the scalability problems inherent in traditional NFT minting methods, Jigen tries to address a wider audience and younger generations who are immersed in metaverses.

NFTs on the Jigen platform are backed by real world luxury assets. Real world asset-backed NFTs allow users to redeem the physical asset at a point in time or hold the NFT for investment purposes. Jigen NFTs are digital certificates serving as proof of authenticity. Customer ownership is guaranteed by the blockchain itself. Buyers can at any time get the physical product by claiming it on the website. In this way, the NFT previously purchased will be promptly delivered to the owner. Through the blockchain explorer, the user can visualize the time of purchase, the current state of the product (if delivered or still in virtual form) and the transactions associated with the product, including previous owners and the hash related to the claiming process.

Here are the 3 main steps to participating in IDOs on ENJINSTARTER:

Step 1: Get your Metamask Wallet KYC-approved on Blockpass at the following link: bit.ly/KYCblockpass

Step 2: Hold enough EJS in your Metamask Wallet according to the tier you want to participate in. You may read about our tiers here — https://bit.ly/EJSTiersV3

TLDR: There are 2 main pools on ENJINSTARTER:

The guaranteed allocation pool (GAP) where you will need to hold a minimum of 25001 $EJS to qualify for a guaranteed allocation and the Community Allocation Pool (FCFS) where you’ll need to hold at least 1250 $EJS to participate in an First Come First Serve round of an IDO.

Step 3: Check the IDO whitelist when it launches 12 hours before each IDO to see if your wallet was whitelisted.

Remember to check out EJS’s Project Turbocharge if you’re looking for good reasons to buy into a tier on ENJINSTARTER. We have just embarked on a all encompassing effort to maximize the value of EJS for every holder by greatly expanding the utility of EJS and reducing the supply of tokens.

Written by ENJINSTARTER