Instaraiser Logo Instaraise

Tag: IDO

Categories
Dev updates

ShuttleOne $SZO Token sale recap: Bringing the award-winning company to Tezos ecosystem

Instaraise enables ShuttleOne to raise $64,000 through $SZO token offering on Tezos Protocol

The first-ever decentralized fundraising and incubation protocol on Tezos Ecosystem, Instaraise has successfully concluded another token offering on its IDO platform. This time, it is the ShuttleOne Network — an operating system for digital finance that enables multichain functionalities to dApps on Metachain.

ShuttleOne is an award-winning company with millions in asset management. They have recently got featured as the only representative of decentralized finance to win the 2021 MAS Fintech Award.

Organized as a one-day event on December 12, 2021, the 1,000,000 $SZO token offering on Instaraise received a great response from the community as expected. In no time, the participants previously whitelisted for the token sale lapped up over $64,000 worth of ShuttleOne’s Tezos-based $SZO utility tokens to turn the sale into a grand success.

The successful ShuttleOne IDO has added another feather to Instaraise’s cap, which already has multiple successes under its belt.

A Glimpse of the $SZO IDO on Instaraise

As always, Instaraise conducted the $SZO token offering in two distinct rounds. First, the Guaranteed Allocation Round, followed by the First Come First Serve Round. The Instaraise community members participating in the IDO were whitelisted after the successful completion of the KYC verification process. Following the whitelisting, based on their $INSTA staking status, their eligibility to participate in the Guaranteed Allocation and FCFS rounds were determined.

A Housefull Guaranteed Allocation Round

Easily one of the sought-after IDO events on Instaraise, the $SZO token offering received a great response withstanding the highly uncertain market conditions or the weekend slump that’s prevalent in the crypto market.

All the sale participants opted for Guaranteed Allocation by staking the requisite number of $INSTA tokens to unlock the desired allocation tiers. They all received confirmed $SZO allocation including any applicable time and stake leverage benefits, enabling them to become early supporters of the ShuttleOne community at an attractive entry price.

A seamless experience was offered to the participants with the improved interface on top of secure audited IDO infrastructure, automated smart-contract drove liquidity provisioning and locking features.

Added Surprise! Fee Distribution

The enthusiasm shown by the community resulted in a highly successful fundraising round for the ShuttleOne ecosystem. The entire funding derived from this round is used to provide adequate liquidity for $SZO on the Tezos ecosystem.

Meanwhile, Instaraise has decided to incentivize the community for its support by handsomely rewarding a few lucky participants.

Instaraise is soon setting its adopted deflationary model into motion by preparing for the redistribution of fees collected during the $SZO token offering to the ecosystem’s benefit. Instaraise will be “airdropping” a total of 10,000 $SZO tokens to 10 lucky participants. Further, another 10,000 $SZO tokens will be swapped with $INSTA, and locked for a duration of 2 years, thereby adding additional $SZO liquidity to the market while removing a portion of $INSTA from circulation with the intention of driving demand for the platform’s ecosystem tokens.

Continued Development of Instaraise 2.0

The new avatar of the Instaraise IDO platform that focuses on delivering a better user experience through an easy-to-use interface is part of the ongoing Instaraise 2.0 development plan. As Instaraise prepares to introduce other promising projects to the Tezos community, it is also in the process of creating new LP farms and a decentralized exchange platform with unique capabilities.

These upcoming developments are worth waiting for, as they are bound to add more value to the Tezos ecosystem. They will also play a crucial role in providing additional resources to promote further growth of all the existing and future projects that receive support from Instaraise fundraising and incubation protocol.

Keep watching this space for announcements about upcoming IDOs as well as other attractive rewards and incentive programs for the community.

Categories
Dev updates

AqarChain IDO on Instaraise- A quick Recap

Instaraise has successfully completed another IDO on its native IDO platform instaraise.io. AqarChain IDO was completed on the 21st of October 2021 and we are amazed to see the community coming forward and investing in the projects coming into the Tezos ecosystem.

In this article, we have shared some of the snips and bits of the Aqarchain IDO which had been facilitated first time by our new architecture in a fully trustless and decentralized manner.

We also explained the fee distribution that contributes to Instaraise and how it empowers our Community.

AqarChain IDO Highlights

Aqarchain IDO went beyond our expectations with respect to the fund raised and the time taken. We have successfully raised $50,000 worth XTZ and the whole amount is used to provide liquidity to Quipuswap.

Pool Weight and Time leverage in Action

We made sure that the time & stake leverage gives the $INSTA stakers the right amount of allocation as per the pool weight score they have attained until the start of the IDO. This IDO gave $INSTA stakers an edge over the other investors.

For $INSTA stakers we have prevented GAS wars and have given all our investors an edge who are residing in any of the tires to gain the allocation they deserve.

** The time-based weight was also considered so that investors staking for a longer period gains the extra bit of Allocation.

Verified Trustless Architecture in Play!

We have integrated or audited IDO architecture to carry out the AQRtz IDO in the most trustless manner possible.

Liquidity provisioning and locking are done in a trustless manner with our Smart Contract and the owner does not get access to the funds until the liquidity is locked.

Fees Distribution

We have a deflationary model that works for the fees we accumulate after each IDO.
1/4th of the AQRtz tokens were swapped to $INSTA and 10 lucky participantswill get airdropped and will be announced soon 🙂

How we are improving?

With the completion of another challenging yet fun IDO, Instaraise is now fully aware and more experienced in empowering new projects with its impactful marketing advisory, community growth, and ecosystem development assistance.

We took feedback from our peers as well as from our community and based on it, we are improving our UI to the next level with a new addition to the features offered. As of UX is concerned we are working on it too to make it easier to use and with a lot of in-page info regarding INSTA.

Huge improvements are coming to the UX, as well as the UI of Instaraise. Our team is working hard to get the new lookup very soon with added features and a more convenient interface.

With the wrap-up of another successful IDO, Instaraise is all set for its next incubation with more exclusive rewards and events for the community. Our Next IDO is at the doorstep, stay tuned!

Categories
Product exploration

Instaraise Token allocation tiers

Instaraise is the first decentralized IDO platform for Tezos. INSTA will empower investors and allow projects creators the ability to provide token sales for upcoming DeFi crypto launches

Main Takeaways

  • All Token holders of IDO Token Allocation tiers will be Incentivised and rewarded in a way that is inclusive and with a low barrier to entry
  • IDO token allocation Tiers and corresponding pool weights

We have found a solution to incentivise and reward all token holders in a way that is inclusive and with a low barrier to entry.


We have found a solution to incentivise and reward all token holders in a way that is inclusive and with a low barrier to entry.

The fundamental flaws of existing launchpads is that acquiring enough tokens to participate in the ecosystem is prohibitive, and even if you do hold the tokens, you are not guaranteed an allocation spot. They are based on a first come first serve basis where automated bots can fill the whitelist spots in a matter of seconds. Instaraise is creating fair decentralized launches.

The interesting part of the Instaraise system is a two-round system that gives every tier level a guaranteed allocation. There is no luck, and no lotteries, and no bots, only fair distributed rewards for all participants.

Let’s take a look at how it will work

The Instaraise Allocation Round 1

Tiers and corresponding pool weights

*Whitelisting is required for every Tier based Allocation

Economy

Staking Requirement : 2,000 INSTA

Guaranteed Allocation : Yes

Initial Pool weight : 20

Staking Length Required : 14 days before allocation starts

Pool weight increment per 10 days of staking +2

Business

Staking Requirement : 20,000 INSTA

Guaranteed Allocation : Yes

Initial Pool weight : 100

Staking Length Required : 14 days before allocation starts

Pool weight increment per 10 days of staking +4

First Class

Staking Requirement : 50,000 INSTA

Guaranteed Allocation : Yes

Initial Pool weight : 300

Staking Length Required : 14 days before allocation starts

Pool weight increment per 10 days of staking +2

Extra Incentive : Access to Sale Token and $INSTA Airdrop

Executive First Class

Staking Requirement : 100,000 INSTA

Guaranteed Allocation : Yes

Initial Pool weight : 500

Staking Length Required : 14 days before allocation starts

Pool weight increment per 10 days of staking +2

Extra Incentive: Access to Sale Token and INSTA Airdrop

Key takeaways from the sale Tiers:

  • Every tier is guaranteed to have the opportunity to purchase tokens from the public pool
  • The more you hold the more you get the allocation for even a low staking amount.
  • As you advance in tiers, the number of tokens you can purchase will increase
  • We specifically designed the tiers to benefit the entire Instaraise ecosystem.
  • Tiers were designed to be inclusive to all traders, big and small, with a low barrier to enter into the first and second tier.
  • Large shareholders are incentivized to stake into the upper tiers yielding higher allocation opportunities and creating less price volatility for all holders.

**All tiers mentioned above will be eligible for lucky Airdrop to be distributed to 10 lucky participants after each sale.

Example for Token Breakdown

Let’s imagine an example project called XYZ Token that is using our Instaraise Launchpad. To simplify the math, let’s say they are selling 1,000,000 tokens in the public pool. There are 100 Tier-1 Members, 25 Tier-2 Members, 10 Tier-3 Members and 5 Tier-4 Members.

  • Tier-1 Members have a weight of 20, Tier-2 have a weight of 100, Tier-3 have a weight of 300, and Tier-4 have a weight of 500. The combined weight of all the qualifying buyers in this example is (100*20) + (25*100) + (10*300) + (5*500) = 10,000
  • The amount of tokens allocated to each “share” is 1,000,000 / 10000 = 100
  • The formula for the number of tokens allocated to a tier is given by :

num_users_in_tier * share_amount * tier_pool_weight

  • Amount Assisted for the tokens will be :

The amount of tokens for. Tier-1 is 100 * 100 * 20 = 200,000

The amount of tokens for Tier-2 is 25 * 100 * 100 = 250,000

The amount of tokens for Tier-3 is 10 * 100 * 300 = 300,000

The amount of tokens for Tier-4 is 5 * 100 * 500 = 250,000

  • The formula for the number of tokens a user in a Tier can purchase is given by:

The amount of tokens for each user in Tier-1 is 200,000/100 = 2,000

The amount of tokens for each user in Tier-2 is 250,000/25 = 10,000

The amount of tokens for each user in Tier-3 is 300,000/10 = 30,000

The amount of tokens for each user in Tier-4 is 250,000/5 = 50,000

*These calculations are shown to brief the users about how the allocations happen. Taking considerations like Pool weights to be the same for sets of people joining the pool with the same score. It will be done on an individual basis if for every pool weighted score we have.

Instaraise FCFS Round 2:

What will happen to the Unsold Tokens?

In round 2, the unsold tokens from the first round are made available. All tiered members can purchase an additional amount that is determined by a tier-based formula. The second round buying window opens at the same time for all members, regardless of tier level. 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.

We will be collecting both data and feedback on the IDO structure in order to optimize the system over time as well as taking into consideration community feedback.

Our system is a provably fair system giving our users the proper incentives to accumulate and hold tokens and support each and every project launched.

Over time, we will tweak weights, add new tiers and change other parameters as necessary to keep the system functional, competitive and rewarding for all community members.