💡ALPHA, Partnership and Open Pool

Let's imagine a practical example to help you understand the process: Project A wants to raise a $1000'000

This is split between Early Pool, Partnership and Open Pool, the split is configurable, for the sake of simplicity, let's say it's split 33-33-33 with all pools receiving $333333.

24 hours before early pool opens, a snapshot is taken: for simplicity, lets assume their are 100 wallets holding 100k $ALPHA or Amount X of Partnership Token

The User allocation limit is = $333k / 100 = $3333 if KYC has been completed. If KYC has not been completed, you will only be able to purchase a maximum of $1000

You will have a allocation cap of $3333 per 100K $ALPHA in your wallet.

You will now have 24 hours to secure your $3333 allocation in the Early Pool.

Miss this window, and you will be able to compete FCFS against other early pool members in the Open Pool.

Miss this window and youll be able to compete FCFS in the Open Pool with members of the wider public.

Let's say you bought $2000 in Early Pool, you will only be allowed to secure allocations in Open Pool to the value of $1333.

Same is for the Partnership Pool where you have to hold X Amount of the partnered Projects Tokens

Open Pool

ALPHA X public Open Pool is accessible to everyone! There is no requirement of holding a specific amount of $ALPHA tokens to participate in this pool.

All you need to participate in Open Pool is an account on Ignition.

The KYC process is only mandatory when buying over $1000 worth of tokens. If you choose to opt out of the KYC process, the contribution amount to Open Pool fundraises needs to be below $1000.

There will be a 10% service fee in place for every fundraise contribution that is made through Open Pool. For example: you choose a contribution amount of $100. When you participate, $10 must be added to your total contribution.

Open Pool works on a first-come, first-serve (FCFS) basis with no user limits being applied by default. In certain cases, user limits may be applied according to a highly configurable process based on a number of factors, including project raise requirements.

We recommend all users to log in to Ignition ahead of time, before Open Pool opens.

Please keep in mind that certain countries are restricted from participation in IDO fundraises on ALPHA

Currently, we do NOT allow the following nationalities to participate in any ALPHA IDO: - Belarus - Burma - Côte D'Ivoire (Ivory Coast) - Cuba - Democratic Republic of Congo - Iran - Iraq - Liberia - North Korea - Sudan - Syria - Venezuela - United States - Zimbabwe