IDO Rules

There will be 2 phases for IDO sale on HyperLaunch Launchpad.

1/ DETERMINING ALLOCATION:

Anyone can have their allocation, but not at the same size. In order to determine who can buy how much, participants would need to commit their capital before the sale begins.

For HyperLaunch token, the first 70% of IDO pool will be dedicated to those who hold from 5 ZEN on a FCFS basis.

The rest 30% will be shared among the rest based on their capital contribution. For example, if the capital commitment goes up to % of the IDO raise, overfunded by 200%, then the rest participants will be able to buy 15% of their initial commitment (30% divided for 200% overfunded amount). The surplus amount will be refunded to those who did not got their bag filled 100%.

2/ CLOSING THE SALE.

The sale ends before it even starts, for most cases.

Based on the initial committed capital, the pool will be filled instantly in case the pool is overfunded.

However, in the case that the initial capital commitment round does not cross the IDO raise, 100% of the committed capital will be filled automatically.

The remaining amount will be open for the public (late comers) to participate.