ChainBoost: IDO & INO Participation Guide
ChainBoost makes gaining early access to IDOs & INOs fun and easy — here’s how to participate
ChainBoost, the world’s first play-to-participate launchpad, makes gaining early access to IDOs (Initial DEX Offerings — early access to token launches) and INOs (Initial NFT Offerings) an enjoyable and straightforward process. In this article, we will look at how to participate in campaigns on ChainBoost, taking you through all the steps involved in unlocking early access to promising new crypto projects.
Registration and Expressing Interest
Before participating in an IDO or INO on ChainBoost, you must register by completing KYC and express interest in the specific campaign you wish to contribute to. You may find all of the details in this step-by-step article and this handy video.
Note: KYC restricts access to IDOs by country. Details may be found in the ChainBoost FAQ.
If you are selected to participate, you will receive an email from ChainBoost.io.
Don’t give up hope if you haven’t been selected! Suppose any IDO allocations remain after the regular participation window has closed. In that case, a warp-speed round will open by invitation to selected individuals who are KYC’d but were not selected to participate.
Preparing for IDO/INO Day
To prepare for the IDO/INO, you will need to set up the contribution chain on your wallet and transfer or bridge the necessary funds for participation. The token and chain with which purchases are completed will be stated in the campaign information and are specific to each project.
Please note that it is necessary to have the appropriate tokens on the proper chain for the purchase, along with sufficient tokens to pay gas fees for the transaction ($ETH for Ethereum, $MATIC for Polygon, $BNB for BNB Chain — ample time is given to complete transactions, allowing users the flexibility to select a time that may minimize gas costs).
Please allow time to complete this step, as network conditions and issues with transfers from CEXs (Centralized Exchanges such as KuCoin) can sometimes cause delays in transferring funds.
Experienced community managers are available to help you with any issues you may encounter on ChainBoost Discord and Telegram.
What to do on IDO/INO Day
On the day of the raise, you will connect your wallet and select the appropriate project from the “Projects” page. If you have been selected to participate (remember to check your email), you will see a participation button on this page to take you to the purchasing interface. Complete the actions and initiate the transaction on your wallet.
When your transaction has been processed, a completion screen will pop up. You may verify your purchase on the Transactions page through the “My Transactions” button at the very top of the website. You may check the transaction on the appropriate block explorer (Etherscan, Polygonscan, or BscScan) for on-chain confirmation.
Suppose IDO spots remain after the regular participation window closes. In that case, the warp-speed round will open by email invitation or to those who have KYC’d but were not selected for participation — watch your email carefully for this opportunity!
What Happens Next?
Now that you have completed your purchase, you are ready to receive your tokens according to the details specified in the campaign. Token allocations (both project tokens and NFTs) will be distributed directly into your contributing wallet unless otherwise announced. In some cases, you may be directed through the steps required to claim tokens from the project — clear instructions will be provided on ChainBoost social platforms should this be the case.
Distribution details are provided on the project’s IDO page. Note that the vesting schedule (release of tokens in tranches over time) is specific to each project and that the details are subject to change by the project to ensure long-term success. A convenient Twitter feed is also provided on the project’s page for ease of access to project announcements so that you may keep up with any emergent details.
Enjoy!
Congratulations — once you have completed all of the steps above, you have participated in launching a promising new crypto project! ChainBoost chooses these projects to offer a mix of qualities that bring value to the blockchain space and the community of which you are now part.
Please remember that taking part in IDOs and holding the tokens you receive for the long term contributes to your BoostScore, increasing the chances that you will be selected for early access to additional upcoming IDO and INO campaigns. ChainBoost rewards positive engagement across the ChainGuardians ecosystem — for further details and to keep up with all of the exciting projects coming to ChainBoost, please join the channels and groups linked below.
About ChainBoost
ChainBoost is a gamified launchpad and incubator protocol that provides exclusive early access opportunities for loyal supporters to participate in emerging crypto projects. Loyalty is determined by BoostScore, an innovative credit system that rewards desirable user behavior and engagement within the ChainGuardians ecosystem. Through high selection standards and implementation of the BoostScore system, ChainBoost connects proven early-project supporters with promising early projects.
