First IDO on IOSTarter on June 19th| Tutorial To Join Inside

Your Metaverse, Your NFT, Brought to You By WITCH

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IOST

7 min readJul 14, 2021

We are glad to announce that WITCH IDO will be launched on Donnie Finance on June 19th as the first IDO on the IOST network. Here is a guide to help the IOST community join the Witch IDO, which is going live on June 19th.

As of the time of writing, the pre-IDO processes are taking place and you can submit your tickets to participate in the highly anticipated event.

Disclaimer: Third-party developers develop all IOST DApps. The information provided here does not constitute any investment advice. All content provided here is intended for education only. IOST bears no responsibility or liability for any loss which players may experience. Please contact the DApp team directly for any questions.

[IOSTarter IDO Details]

IDO Supported Token: IOST

Initial Price : 1 IOST = 0.02 WITCH (≈1.5 USD / WITCH)

IDO Amount: 16,666 WITCH

WITCH Contract 0xdc524e3c6910257744c1f93cf15e9f472b5bd236
Total WITCH Issuance: 100,000,000 WITCH

Minimum and Maximum Amount per Account :

Standard : 5,000 IOST (66.6 WITCH)~ 7,500 IOST (100 WITCH)
Premium : 15,000 IOST (200 WITCH)~ 25,000 IOST (340 WITCH)

[IOSTarter IDO Process and Timeline]

Whitelist Draw Lot Open (Submit Your Ticket)

2021. 7. 12. 09:00 AM (UTC +9)

Ticket Draw and Winner announced

2021. 7. 14. 09:00 AM (UTC +9)

KYC Application Submission

2021. 7. 15. 09:00 AM (UTC +9) ~ 2021. 7. 16. 09:00 AM (UTC +9)

JOIN IDO, First Come First Serve

2021. 7. 19. 09:00 AM (UTC +9)

Notes:

[Claim IDO Token Button] Will be activated when WITCH is listed on CEX
Donnie DEX LISTING will open upon discussion

About WITCH

WITCH is a project that will bridge between the exciting world of and boundless potential of NFTs and you through our products (WitchWitch, Witchcraft).

Witch is our first location-based social media platform where user uploaded content will be stored on the blockchain. Users can later mint their content as NFTs on Witchcraft. Besides issuing NFTs users can also participate in NFT auctions dropped by renowned artists, celebrities on Witchcraft.

Through our partnership with major entertainment and graphic design companies such as Uncutpoint (Warner Music Korea’s First Record Label) and Studio Lennon, we plan to hold auctions of high-quality NFTs of the most sought-after artists across the world.

WITCH Website https://witchwitch.io/
WITCH Medium https://medium.com/witch-official
WITCH Twitter https://twitter.com/witchwitch_sns
WITCH Telegram https://t.me/witchofficialgroup

For more details, please contact official@witchwitch.io

How to participate in IOSTarter

Two weeks ago, Donnie Finance announced the official launch of IOSTarter, the First IDO launchpad on IOST. We’ve received a high volume of requests for IOSTarter, and we are in review for projects to raise liquidity in IOSTarter.

Now, Donnie Finance has officially updated and launched IOSTarter on Donnie.finance.

Each IDO will have Two IDO Pools; Standard and Premium.

Standard: Lower Min/Max Purchase Limit to people who own less IDO Ticket.
Premium: Higher Min/Max Purchase Limit to people who own more IDO Tickets.

To participate in the IOSTarter launchpad, there are few steps that users must do

[IDO Process]

1. Ticket Purchase

You must have IDO Tickets to participate in an IDO. To acquire a Ticket, you must stake DON, BLY, or LP Tokens.

1 IDO Ticket = xxx Token has a different ratio for each Ticket Pool.
You must return IDO Ticket to unstake and receive what you’ve staked.

More Tickets = More Chance to Win, More Tickets = More Token to Buy

Multiplier (Weights) will be applied to the possibility to be whitelisted if you own more tickets. Details of Multipliers can be found on IDO Page.

Not just multiplier when you have more Tickets, You will also be able to participate in Premium Launchpad. Premium Launchpad will have higher Min/Max Purchase Limits, and more Pools available for IDO.

2. Whitelist Survey

You must complete Whitelist Survey to be whitelisted. To complete, you must follow, RT Launchpad’s project Twitter, Join Telegram, Read Terms&Conditions, and submit IOST Wallet Address.

We will check and match Survey answers to Whitelist KYC information. If no survey, you may lose your winning ticket.

3. Whitelist Draw

When Whitelist Draw is open, you must Apply for Whitelist Draw. All Tickets you own will be used for Ticket Draw. If you own 50 Tickets, x1.2 Multipliers will apply, 60 Tickets will be entered for Ticket Draw. Each account can win only 1 ticket per IDO.

Once, Running Time is over, the contract will automatically draw Winning Tickets.

If you are selected, you will see Green_Winning Message to complete KYC.

If not, you will see Blue_Failed Message

Even if you are selected as Whitelisted Account, it doesn’t mean you are guaranteed to participate in IDO. You must complete the next procedure. Now, It’s all about First Come, First Serve.

4. KYC

You must submit KYC information once Whitelisted. Few countries are forbidden to participate in IOSTarter. Any fake passport or forbidden country, incorrect photo direction will be rejected.

KYC process will take 1 business day. You must submit within the timeline.

Now, you have completed all the steps and you can join the IDO!

5. Join the IDO

Once you have completed Whitelist Survey, Draw, KYC, You will see JOIN IDO Activated.

Then, you will be able to purchase IDO Token with IOST.

Depending on Standard or Premium, Minimum purchase and Maximum purchase limit will vary.

Tokens are available to First-come First-serve. Even if you’ve completed the whitelist, Token could be sold out before you join IDO.

Hurry to Join IDO

6. CLAIM TOKEN Button

Once, IDO Token is ready to be distributed and LP is added on Donnie DEX, the Claim button will be activated with an announcement.

About Donnie Finance

Donnie Finance is built on the IOST smart contracting platform. It plans to offer a range of services such as digital asset management, decentralized exchanges, payment, credit analysis, and lending services.

Their native token, DON, is for governance. To participate in their ecosystem and vote, DON holders must stake the token. Beyond voting rights, holders receive benefits such as discounts on services and transactions, favorable interest rates when borrowing, among others.

To ensure the security of funds and bolster confidence, Donnie Finance’s code is audited by Halborn and SLOW MIST. The project is backed by heavyweights, including IOST, HUSD, Cobak, Tpay, and DeFi Code.

In addition to top-tier support from established firms in DeFi, the project’s parent company is liquid, generating over $10 million in revenue. Its blockchain division also comprises over 17 experienced team members.

[Donnie Finance(DON)’s Official Community]

Website : https://donnie.finance/
Medium: https://donnie-finance.medium.com
Telegram: https://t.me/donniefinance
Twitter : https://twitter.com/DonnieFinance

About IOST

High fees and slower transaction times on the Ethereum network have left the door open for new solutions to emerge, and IOST is one such project that has been gaining traction since its mainnet launch in 2019.

Backed by major financial and VC firms such as Sequoia, Matrix, and ZhenFund, IOST is a pioneering decentralized, high-throughput, gas-efficient Proof-of-Believability-powered smart contract platform built to tackle the scalability trilemma once and for all. For this, the concluding ranking from China’s CCID ranked IOST as the best blockchain platform under Basic Technology, better than Ethereum, EOS, and every other smart-contracting platform evaluated by the agency. This is a testament to the quality and ability to roll out a better, innovative product and reflective of our true desire to be the best in the sphere.

Being one of the public chain leaders in terms of adoption, performance, and utility, IOST remains committed to our mission to unleash the power of blockchain. IOST currently has the ever-expanding 500,000 community members in over 20 countries, over 400 nodes, a top staking economy, symbiotic relationships with corporations dotted worldwide.

If you would like to hang out with the IOST community on chat, social media, or to discuss product development, we have something for everyone:

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