SnapEx Launchpad Tier System — Guaranteed Allocation, FCFS
Gold - 15 000 SNAP (25% of total + subsequent rounds)
Silver - 7 000 SNAP (unsold from previous round + 35% of total + subsequent rounds)
Bronze - 3 500 SNAP (unsold from previous rounds + 40% of total +subsequent round)
Public - Anyone (unsold from previous rounds) - max 50 USD per purchase
Allocation size for each whitelisted address of each round will be announced after the whitelist process is done. Allocation will vary for each project according to several factors. i) numbers of whitelisted address ii) amount of funds raise iii) others
The table below summarizes how does the launchpad tier system work:
Max allocation in the round ($) indicates the maximum allocation size per whitelisted address in that round depending on his/her tier. Please note that the allocation sizes here are only for illustration purposes.
Illustration 1 (Gold): Nguyen holds 20 000 SNAP Tokens. She is in the Gold Tier. She is entitled to purchase a maximum of $2000 in Gold, $500 in Silver and $200 in Bronze. The total purchase she is entitled to is $2700.
Illustration 2 (Silver): Samy holds 8,000 SNAP Tokens. She is in the Silver Tier. She is NOT entitled for the Gold-tier privileges. However, she is entitled for $500 in Silver and $200 in Bronze. The total purchase she is entitled to is $700.
Illustration 3 (Bronze): Chan holds 3,800 SNAP Tokens. She is in the Bronze Tier. She is NOT entitled for Gold and Silver. However, she is entitled for $200 in Bronze. The total purchase she is entitled to is $200.
Illustration 4 (Public): Any unsold amount after 3 rounds will open to the Public round. Anyone can make a maximum of $50 per address..