> For the complete documentation index, see [llms.txt](https://smartlaunchpad.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smartlaunchpad.gitbook.io/docs/ido-mechanism.md). # IDO Mechanism ### Token Sale Process As mentioned previously, there are three ways to participate in the IDO on SMARTLAUNCHPAD. Token Sale Process consists of 6 stages as follows: 1. Register 2. Lottery 3. Guaranteed Allocation 4. Allocation Distribution 5. Public Sale (FCFS) 6. Token Vesting #### Register * Users register to participate in the token sale by entering KYC * Do some tasks to accumulate points #### Lottery Users of Tier 1, and 2 will receive fixed tickets. They are not guaranteed to win their slots for IDO. If users want to increase their chance of winning lottery, they need to participate in more social tasks and SMARTLAUNCHPAD's service to accumulate more points for their tickets. #### Guaranteed Allocation Users of Tier 3, 4, and 5 will receive guaranteed allocation to participate in the token sales. #### Allocation Distribution Users will receive a purchase spot corresponding to the winning ticket. Users then deposit funds in accordance with the ticket size to confirm their allocation. #### Public Sale Round The remaining tokens will be sold in the Public Sale Round. Eligible participants: * Users who joined Register to join in IDO * Except users who successfully bought in Allocation Distribution Stage * Users who weren’t selected in the Lottery Stage will be allowed to participate Public Round is First Come First Served (FCFS) with a buy limit for each wallet decided by SMARTLAUNCHPAD and the project team. #### Token Vesting Vesting schedule is different for each project as it is decided by team SMARTLAUNCHPAD and Project's partners. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://smartlaunchpad.gitbook.io/docs/ido-mechanism.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.