KoiStarter Tiers IDO Model

After one day of launching our platform, KoiStarter is delighted to get the overwhelming attention and participation from the crypto community. And today we are excited to announce our Tiers IDO model to everyone.

Following our recent statement, KoiStarter uses a fixed tier system based on the number of CTR tokens held.

Key takeaways from the table:

• As you advance in tiers, the number of tokens you can purchase from each pool will increase
• Tiers were designed to be inclusive to all traders, big and small, with a low barrier to enter into the first to the fourth tier
• Large shareholders are incentivized to stake into the upper tiers yielding higher allocation opportunities and creating less price volatility for all holders.
• Application for Private group and Private sale allocation depends on specific projects.

Now let’s take a closer look on how it work

Round 1: Whitelist winners

The allocation will be calculated based on the formula as below:

Max allocation = [Total tokens for a tier] / [Users in that tier]

Total tokens for a tier = [Tokens allocated to each “share”] * [Tier’s weight] * [Users in tier]

Tokens allocated to each “share” = [Pool’s Total raise] / [Combined weight]

Combined weight = (Tier 1 weight * users in tier 1) + (Tier 2 weight * users in tier 2) + (Tier 3 weight * users in tier 3) + (Tier 4 weight * users in tier 4)

Tier 1 Matsu weight = 4

Tier 2 Take weight = 12

Tier 3 Ume weight = 26

Tier 4 Kiku weight = 58

Users in tier 1–4:Count only users in winner list

Example Token Breakdown

Let’s imagine an example project called AAA Token that is using our KoiStarter Launchpad. To simplify the math, let’s say they are selling 120,000 tokens in the public pool. There are 500 Matsu Members, 250 Take Members, 200 Ume Members and 100 Kiku Members.

The total participants on this AAA IDO project is 1050.

Tier 1 Matsu weight = 4, Tier 2 Take weight = 12, Tier 3 Ume weight = 26, Tier 4 Kiku weight = 58. So the combined weight of all the qualifying buyers in this example is (500*4) + (250*12) + (200*26) + (100*58) = 2,000+3,000+5,200+5,800= 16,000

The amount of tokens allocated to each “share” is 120,000 / 16,000 = 7.5

The formula for the number of tokens allocated to a tier is given by:

[Tokens allocated to each “share”] * [Tier’s weight] * [Users in tier]

The amount of tokens for Matsu Tier = 7.5 * 4 * 500 = 15,000

The amount of tokens for Take Tier = 7.5 *12 *250 = 22,500

The amount of tokens for Ume Tier = 7.5 *26 *200 = 39,000

The amount of tokens for Kiku Tier = 7.5 *58 *100 = 43,500

The formula for the amount of tokens a user in a tier can purchase is given by:

[Number of tokens in tier/num users in tier]

The amount of tokens for each user in Matsu Tier = 15,000 /500 = 30

The amount of tokens for each user in Take Tier = 22,500/250 = 90

The amount of tokens for each user in Ume Tier = 39,000/200 = 195

The amount of tokens for each user in Kiku Tier = 43,500/100= 435

Here are the final results of this example token sale:

Round 2: FCFS

What Will Happen to the Unsold Tokens?

In round 2, the unsold tokens from the first round are made available on a FCFS basis. This round is open for everyone who has registered to the whitelist.

These members can purchase an additional amount that is determined by a tier-based formula. The IDO is concluded when all the tokens have sold.

The maximum amount of allocation in this FCFS round is calculated by the formula:

[Max old allocation] + [ (The unsold allocation in round 1) / (Expected FCFS participation)]

*Max old allocation: The maximum number of unused allocation at round 1 of each participant.

*The unsold allocation in round 1: The remaining allocations in round 1 which have not sold.

About Koistarter

Koistarter is a launchpad which is developed by Creator. Koistarter is a cutting-edge and secure launchpad powered by Creator Platform. It will be a playground for investors to invest in new startup cryptocurrency projects backed by Koistarter as well as Creator. Koistarter strives to empower the most leading projects and promising entrepreneurs with the ability to contribute to the blockchain community.

Creator Launchpad could assist all customers with completing all of the difficult procedures like: pre-marketing, executing the sales events, token listing, staking, vesting, liquidity mining after the sales.

Learn more about KoiStarter:

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