KSM Starter: Important Integritee Public Sale Update
Thanks to the KSM Starter community for our first successfully hosted IDO (Luxy). Our allocations filled up faster than we had anticipated which is great news, but also means some people did not achieve their desired allocation despite having staked $KST.
We have heard your feedback and are working fast on an improved tier allocation distribution algorithm that will prioritize higher tiers first. This will allow us to better ensure highest tiers receive their desired allocation.
For the first 30 minutes of the sale, everyone from Tier 2 to Tier 5 has a guaranteed allocation based on their tiers. After the initial period ends, the IDO participation will open for Tier 1 — Dove participants and other registered users who did not contribute in the first 30 minutes. Second round will be on a FCFS — First Come First Serve basis.
If you are in tier 2–5 but still miss the 30 minute guaranteed allocation window you will be eligible for purchasing in the FCFS period but are not guaranteed your allocation anymore so be ready with your required tokens at the appointed time!
Registrations is now open
Some people were waiting on the Dove gleam campaign results and missed out on the registration. We have some great news — registration has been reopened!
Register here: https://app.ksmstarter.com/integriteeregister
Registration start: Nov 29 2021 14:00:00 UTC
Registration end: Nov 29 2021 17:00:00 UTC
About KSM Starter
KSM Starter, the primary launchpad on Kusama, is built to provide early-stage support and public funding for projects building on Substrate. KSM Starter’s incubator modeled launchpad is driven by the community and shared values of fairness, transparency, and decentralized organization. Unique to the KST ecosystem, community members are incentivized to participate in the pre IDO selection process through higher allocation rewards. Also unique to KSM Starter, collaboration is fostered among launched projects by incentivizing community members to support previous launches by awarding them with improved lottery odds. This along with the KST Ecosystem Council generates a synergistic network effect that empowers all projects to succeed and leave a lasting impact on Kusama.