At DuckDAO, we are always listening to our community. After all, you are a major part of why we have grown to become one of the foremost crypto incubators and launchpads operating today.
Now, we’re putting your words to effect by adding multiple ways to secure yourself a guaranteed allocation in DuckSTARTER launches.
In the last month alone, we have launched more than two dozen initial launchpad offerings (ILOs) on DuckSTARTER — all of which achieved considerable returns for successful participants. However, due to the limited number of slots, not everybody can participate.
This is part and parcel of the nature of ILOs. We offer limited allocations for vetted, highly sought-after projects, which stand an excellent chance of both short-term and long-term success. Rather than give everybody a tiny allocation, it makes sense to give around a quarter of all participants a larger allocation.
But while this is the case, we also understand that it’s possible that sheer bad luck means some people lose out more than would be expected statistically. With that in mind, we’ve come up with two solutions that we think will help ease the process for anybody that wants to boost their odds of winning in future.
First off, we will be adding a fifth tier, known as the ‘Champion’ tier. All users in the Champion tier will receive a guaranteed allocation in every DuckSTARTER launch.
Note: If you are considering upgrading to Champion tier, we recommend doing so at least 24 hours before a sale. This will ensure you are able to participate.
The total allocation for this tier will be divided equally between participants. This means if there is one participant, they will claim 100% of the allocation for the Champion tier, whereas 10 participants would share 10% each, and so on. The amount will be determined before each sale, so each Champion tier user knows exactly what they are eligible for.
The Champion tier will require 100k staked DUCKs to unlock and users will only need to complete KYC once to gain access to all subsequent launches — no whitelisting needed!
Beyond this, we will also be introducing a point system, which anybody can use to turn the odds in their favor. We will be announcing the full details of the point system in the coming days. But for now, we can reveal that it’s designed to increase your odds of getting into batch 1 and 2 in the next ILOs if you missed out on the previous ones.
Until these two features are implemented, the best way to improve your odds of getting into an ILO is by simply increasing your tier — since there is far less competition in higher tiers and more places available.
We expect that the Champion tier will be added in early May! We will announce the specific date in the days ahead!
For more on DuckSTARTER check out our comprehensive overview of the platform — here.
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DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast-track their progress on the path to success.