🟠Brightypad Token Tiered System
Last updated
Last updated
BrightyPad will be using the latest technologies and skilled workers to ensure that the launch of every new crypto project on our service will be safe and fair for everyone participating making it harder for whales to buy up large supplies in a short time frame and easier for smaller players to have a chance.
Based on the number of BYP tokens that is in a particular wallet or otherwise known as the membership level, a user will be categorized under a given tier that has a predetermined max allocation and depending on the token weight of all the users, they get a weighted max allocation dependant on the amount of BYP tokens they own in their wallet.
In the first round, called the “Allocation Round”, users can purchase the amount allotted to them based on their tier.
ROUND 2 - FCFS ROUND
In round 2, the unsold tokens from the first round are made available on a FCFS basis, only to guaranteed tiers (Platinum and above). These members can purchase an additional amount that is determined by a tier-based formula. This round is open until all tokens are sold, typically lasting for only a few minutes. After all the tokens are sold, the IDO is concluded.
Brightypad will collect user data and obtain real user feedback on the BrightyPad IDO development this will help developers build a reliable gateway heading into the future all the while taking into consideration valuable community feedback and potential DAO proposals.
BrightyPad will ensure a legitimate system giving our users the proper incentives to accumulate and hold tokens and support each project launched. Over time, BrightyPad will modify other aspects as necessary to keep the system operational, competitive, and rewarding for all community members.
BrightyPad is next generation of blockchain launchpads helping to solve the existing weaknesses that plague current launchpads. This type of platform benefits all holders of the token and allows for fair vetted project launches giving traders of all sizes the opportunity to invest in the newest upcoming project launches on BrightyPad.
