Explaining SeedBox Tier System
Whether you want just to start participating at IDOs or seriously intended to break a big jackpot through our VC investment opportunities, first of all, it is important to have a thorough understanding of how SeedBox tier system works. This article will help you make everything clear.
To be eligible to participate in IDO and VC deals first you’ll need to stake $SBX tokens. We have 9 different tiers split among them into 3 Lottery and 6 Guaranteed with multiples to be added depending on the tier:
LOTTERY:
Tier 1: 1x allocation [15%] — 5 000 SBX
Tier 2: 2x allocation [25%] — 8 500 SBX
Tier 3: 2x allocation [50%] — 17 000 SBX
GUARANTEED:
Tier 4: 2x allocation — 30 000 SBX
Tier 5: 3x allocation — 50 000 SBX
Tier 6: 6x allocation — 85 000 SBX
GUARANTEED + VC ALLOCATION:
Tier 7: 14x + VC allocation (Pool weight 10% — 170 000 SBX)
Tier 8: 22x + VC allocation (Pool weight 30% — 300 000 SBX)
Tier 9: 28x + VC allocation (Pool weight 60% — 650 000 SBX)
It’s important to clarify that the higher the tier’s bid is, the higher the allocation and, fairly, the final share in the investment object.
ALLOCATION BONUS:
Long-term investors will benefit from the +1x increase according to their current tier. The bonus will depend on the period of staking time for IDOs. For example, staking $SBX for IDO participation for 6 months without unstake will give +1x for their current tier multiplier.
The unsold tokens from the main round are available on a first-come-first-serve basis only to guaranteed tiers. These members may purchase an additional amount according to their current tier-based formulas.
STAKING FOR IDO PARTICIPATION:
!SeedBox offers its community members additional rewards from staking $SBX tokens!
We hope this info was helpful. Be ready for the staking, we are launching soon!
About SeedBox
SeedBox is a top-notch IDO launchpad that grants access to venture capital for retail investors. The paramount mission for SeedBox is to bring the revolution to the existing market of decentralized crowdfunding, granting unprecedented access to the seed and private stages of the investment rounds to the retail sector, simultaneously providing a valuable source of funding to the ideas of tomorrow.
