ShuttleOne Public token offering on Instaraise: Everything you need to know

Instaraise
Instaraise Library
Published in
4 min readDec 9, 2021

Instaraise is really excited to host the ShuttleOne Public token $SZO offering on its own native platform. We invite all the community members from across the Tezos ecosystem to participate in this sale.

This article explains all the details about the Token offering specifications and how to whitelist yourself for the sale.

ShuttleOne’s native token $SZO Tezos offering is going to launch on the Instaraise native platform on December 12th at 12PM (UTC).

$SZO token sale specifications

ShuttleOne’s native token $SZO Tezos offering is going to launch on the Instaraise native platform on December 12th at 12PM (UTC).

Tokens for Sale: 1,000,000 $SZO

Round 1 Details ( Guaranteed Allocation )

Price in Round 1: US $0.12

Tokens split here: 100%

Duration: 12 hrs

Start Time: 12/12/2021, 12PM UTC [ Round 1 ]

Duration: 12 hrs

** Tokens left will be forwarded to Round 2

Round 2 Details (FCFS)

Price in Round 2: US $0.1425

Start Time: 13/12/2021, 12 AM UTC [ Round 2 ]

FCFS Round needs no staking but participation needs KYC to be done due to country Restrictions. All KYCed People will be whitelisted for Round 2.

Allocation in this round is subject to the availability.

How to Participate in the $SZO token sale

in order to participate in the $SZO token offering, you need to go through the whitelisting and enrolment process to guarantee your allocation in the sale.

The Whitelisting and enrolment require just 3 simple steps:

  1. Complete your KYC
  2. Stake $INSTA tokens to be eligible to participate in the sale
  3. Enroll yourself for guaranteed allocation round

Complete your KYC:

Step 1: Go to Go to the Launchpad> Projects

Here you will find all the details of the previous and upcoming sales.

The steps are clearly mentioned on the right side of the ShuttleOne token sale card.

Click on “Apply now” to start your KYC Process. Follow the steps displayed on the screen.

Stake $INSTA tokens:

Step 2: Stake your $INSTA in the IDO Staking Console

After the KYC is complete you will move to the next step, that is to Stake $INSTA tokens.

Go to: Launchpad > Staking or simply click on the “Stake $INSTA now” button in the second step.

Fill in the amount of $INSTA tokens you want to stake and click on confirm.

Successful staking will get you to the next step that will give you the respective tier you want in the Guaranteed Allocation Round ( i.e Round 1 )

Enrolment in Guaranteed allocation:

Step 3: Enrol yourself in the guaranteed allocation round.

After staking $INSTA, go back to the Launchpad> Projects section and head to the last step

Click on “Enroll for the sale” and follow the steps shown in the screen.

Once Clicked on “Enroll for the Sale”, you are ready for the Guaranteed Allocation and this screen will appear

** Remember, you should have staked in the IDO Staking Contract to get into the Guaranteed Allocation Round

** FCFS Round needs no staking but participation needs KYC to be done due to country Restrictions. All KYCed People will be whitelisted for Round 2.

** Allocation in this FCFS round is subject to availability.

ShuttleOne’s native token $SZO Tezos offering is going to launch on the Instaraise native platform on December 12th at 12PM (UTC).

To learn more about Instaraise, check us out on our website or follow us on Medium, Twitter, and Telegram

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Instaraise
Instaraise Library

First-ever Decentralised IDO Platform on Tezos empowering projects by distributing tokens via auctions.