Enjinstarter’s New FCFS Allocation System
Enjinstarter is thrilled to announce the launch of our new First Come, First Served (FCFS) Allocation System. This innovative approach is set to redefine how allocations are distributed during our Initial DEX Offerings (IDOs) and is designed to promote fairness and inclusivity within our community. Here’s everything you need to know about this exciting new system.
Why a New System?
The launchpad and crypto space is dynamic and ever-evolving, requiring systems that can adapt to changing needs and priorities. At Enjinstarter, we’re committed to providing equitable opportunities for all participants, whether they are seasoned investors or newcomers to the launchpad arena. This commitment has driven us to develop a tier-based FCFS system that recognizes and rewards community engagement and investment, while also offering a welcoming entry point for new enthusiasts.
How It Works
The new FCFS Allocation System is structured around four distinct tiers, each associated with a minimum staking requirement and corresponding minimum allocation. Here’s a breakdown of the tiers and their requirements:
- Multiverse Tier: 500,000 EJS staked — Min allocation $250
- Metaverse Tier: 100,000 EJS staked — Min allocation $100
- Universe Tier: 25,000 EJS staked — Min allocation $30
- Galaxy Tier: 1,250 EJS staked — Min allocation $10
Dynamic Multipliers
What sets this system apart is its dynamic multipliers, which adjust the allocation amounts based on the remaining quantity of tokens after the initial distribution. If a large amount remains, the allocations for all tiers may increase, providing participants the opportunity to invest more. Conversely, if the remaining amount is low, the allocations will stick to the minimums specified for each tier. This flexibility ensures that the distribution process is both fair and responsive to the actual participation in each IDO.
The Thought Behind the System
Our new FCFS system is rooted in the principles of fair distribution and inclusivity. By setting tier-specific allocation minimums and dynamic multipliers, we aim to:
- Provide Fair Access: Ensure that participants across different investment levels have access to our IDOs.
- Encourage New Participants: The Galaxy Tier, in particular, is designed to attract new entrants to the Enjinstarter launchpad, giving them a chance to experience IDOs without requiring a significant initial investment.
- Reward Loyalty and Engagement: Higher tiers reward more significant staking commitments with larger minimum allocations, incentivizing sustained engagement and investment in the Enjinstarter ecosystem.
Looking Ahead
This restructured allocation system is part of a broader strategy to adapt and innovate in line with the needs of our community and the wider blockchain environment. As we roll out this system in the upcoming three IDOs, we will closely monitor its impact and effectiveness, ensuring it meets our goals of fairness and inclusivity.
We believe that by continuously refining our processes and systems, Enjinstarter can remain at the forefront of the blockchain launchpad space, providing value and opportunities to all members of our community.
Stay tuned for more updates and prepare to participate in our upcoming IDOs under this new and exciting system. Stake your EJS, climb the tiers, and be part of the future of blockchain project launches with Enjinstarter!
About Enjinstarter
Enjinstarter is a leading Web3 launchpad that propels the blockchain ecosystem forward by providing early access to groundbreaking projects in Gaming, AI, DePin, and the Bitcoin ecosystem. With a commitment to community engagement and transparency, Enjinstarter offers a secure and fair platform for investments.
By requiring a minimal staking of 1,250 wEJS, participants gain access to a robust multi-chain environment that boasts over 80 successful IDOs. Enjinstarter goes beyond merely facilitating investments; it actively supports projects through their pivotal early phases, promoting innovation and growth within the blockchain sphere.
Website: enjinstarter.com
Stake EJS: stake.enjinstarter.com
Launchpad: launchpad.enjinstarter.com
