Equinox Scotty Beam IDO Participation Process

Be sure to sign up for the public sale before 10 Nov 2021

Are you ready to get beamed up again, Equinauts?

It’s almost time for round two of the Scotty Beam launch. Thank you to all that participated and made the private sale round a wild success. Now we’re even more excited to launch the public sale.

Scotty Beam is the world’s first cross-chain NFT teleporter, validator, and peer-to-peer exchange. The protocol works with all EVM-compatible blockchains, filling the gaps in the NFT industry and empowering projects with cutting-edge technologies.

We want to make sure everyone who is eligible gets a chance to participate in this futuristic project, so please read our following guide all the way through to ensure you don’t miss out on this amazing opportunity.

If you missed the 05 Nov private sale, don’t fret! You’ll get a second chance during the public sale on 10 Nov 2021. Keep an eye on our social channels for more information and check out our launch event article here to see how you can win an allocation.

The Scotty Beam IDO:

First and foremost, sign up and complete your KYC. You cannot participate in the IDO until these two things are done. We’ve updated and streamlined the process, so it should only take about 30 minutes from start to finish.

If you hold multiple NFTs, you can access the relevant pools for them on different wallets under the same KYC. Duplicate KYCs or circumventing the rules may lead to disqualification from this launch, or other subsequent events.

The allocation funding will be in BUSD, so you will be using the Binance Smart Chain network on your MetaMask to pay for your tokens. The token distribution will happen later. Stay tuned to our socials for more information on the date and time.

For info on adding the Binance Smart Chain Network to your MetaMask, check out the instructional article here.

About the Scotty Beam Pools

We’ve broken the traditional IDO mold and become the first NFT-based launchpad to ensure safety, transparency, and gamified participation for IDO offerings. Your access to the pools is based on the NFTs you hold and/or whether or not you are a lottery winner.

There will be four available pools, with each one linked to a corresponding Equinox NFT.

• Tier 1 — Autumnal (Lottery & FCFS)
• Tier 2 — Winter (Lottery & FCFS)
• Tier 3 — Vernal (Lottery & FCFS)
• Tier 4 — Nox Summer (Guaranteed Allocation)

The NOX Summer pool is the highest tier, meaning participants will receive access to guaranteed allocations. We will award allocation access for each of the other three pools using a lottery system and an open enrollment.

The first 65% of each pool will be allocated to the lottery winners. Once those are filled, the final 35% of each tier’s total pot will go to the non-winning lottery participants on a First-Come, First-Served (FCFS) basis.

We’re running a total raise of $100,000 for Scotty Beam in the private sale, but participation numbers will determine the individual allocation amounts for each pool. To ensure the Summer Nox tier remains the top tier, we have crafted a waterfall allocation method, meaning that participation levels in the top tier determine the allocation to each tier below. This method will ensure that the lower tiers aren’t more beneficial than those above them, regardless of participation levels.

We will be taking a snapshot on 10 Nov 2021 at 5:00 am UTC to capture the list of eligible Equinox NFT holders who signed up, completed KYC, and confirmed their participation. After the snapshot, we will run the lottery to determine who will get initial access to the three lower tiers. Lottery winners will be announced on 10 Nov 2021 at 9:00 am UTC.

This initial access for Summer NFT holders and lottery winners will open at 11:00 am UTC.

To be included in the snapshot, you must go to the pools page and click the Confirm button for the NFT you hold. The MetaMask wallet holding your NFT must be connected to the Binance Smart Chain network. If you fail to complete this step before the snapshot, you will not be added to the lottery and could miss out on participating in the Scotty Beam IDO.

Scotty Beam IDO Summary

• Date: 10 Nov 2021
• Blockchain Network for Funding: Binance Smart Chain
• Blockchain Network for Token Distribution: Binance Smart Chain
• Participation Closing Snapshot: 5:00 am UTC
• Lottery Winner Whitelist Announcement: 9:00 am UTC
• Pools Open for Summer Nox/Lottery Winners: 11:00 am UTC
• Pools Open for FCFS Holders: 12:00 pm UTC
• Token Ticker: $SCOTTY (Formerly $BEAM)
• Token Price: $0.04
• Vesting: 20% at Token Generation Event (TGE), linear monthly unlock for 4 months.

Make sure you check out the launch event article here to see how you can win a Scotty Beam allocation.

Step-by-Step Guide

There are six main steps to participate in the Scotty Beam IDO.

1. Sign up at Equinox.fund
2. Complete the Know-Your-Customer (KYC) Process
3. Purchase Equinox NFT on Liquidifty
4. Confirm Your Participation
5. Join the Corresponding Pool for Your NFT and Fund Your Allocation
6. Wait for token distribution

Let’s look at these steps in more detail below.

Step 1 — Sign Up at Equinox.Fund

We recommend you sign up at Equinox well ahead of time to ensure you can log in and connect your wallet before the pools open.

Go to Equinox.fund, click ‘Go to Equinox Launchpad,’ then click the ‘Sign-Up’ button.

Enter your email address. Click ‘Submit.’

Enter the code sent to your email in the pop-up box.

That’s it! You’re now signed up and ready for KYC.

Step 2 — Complete KYC

After you’ve signed up for the website, a ‘Complete KYC’ button will appear at the top right corner of the screen. Click the button.

In order to increase trust and fairness in the Equinox platform, we need to uniquely identify you and your email address. Please prepare your passport or ID card.

When you’re ready, click ‘Start Your KYC.’

Click the ‘Verify Me’ button.

Choose your language, then click ‘Start.’

Check the box to agree to the terms, then click ‘Continue.’

Prepare your selfie video using the camera on your mobile phone or computer. Follow the instructions on the screen. If you’re having trouble with mobile, try the computer, and vice versa.

Next, select the origin country and type of document to be scanned in for identification, then follow the instructions on the screen. Please make sure you take a clear, high-quality photo or scan of your passport or ID, so all information is easily readable.

Once that is complete, click ‘Confirm,’ then leave your browser open and wait for the verification. It may take 20–30 minutes for KYC verification to be completed.

Once you get confirmation, your KYC is complete! You are now ready to participate in Equinox IDOs.

Step 3 — Purchase Equinox NFT on Liquidifty

To buy your NFT, go to the Equinox.Fund website, log in, and connect your MetaMask wallet.

Navigate to the Scotty Beam pools page.

Select the Equinox NFT you want to purchase. The link directs you to the Equinox shop on Liquidifty. Double-check that the NFTs are owned by @Equinox to ensure they’re not fake tokens.

Make sure your MetaMask wallet is connected to Binance Smart Chain, then use BNB to complete the purchase.

Holding an Equinox NFT is the only way to get access to the IDOs, so head over and get yours before they’re gone!

Step 4 — Confirm Your Participation

Before the participation snapshot on 10 Nov 2021 at 5:00 am UTC, log in to the Equinox.fund website. A code will be emailed to you. Enter the code in the box and press ‘Submit.’

Connect the MetaMask wallet holding your Equinox NFT. Make sure it’s connected to the Binance Smart Chain Network.

Navigate to the Equinox Scotty Beam pools page, then confirm your NFT and desire to participate in the IDO by clicking the ‘Confirm’ button.

After you click the ‘Confirm’ button, you’ll see a green message that says Participation confirmed. You will now be included in the snapshot and eligible to participate in the lottery for allocation access.

Step 5 — Join a Pool

The funding is happening on the Binance Smart Chain network, so make sure you have your MetaMask connected to the correct network and that you have enough BNB for transaction costs and BUSD to pay for your Scotty Beam allocation.

Pools will open for Summer Nox participants and lottery winners on Wednesday 10 Nov 2021 at 11:00 am UTC. The pools will open on an FCFS basis to the rest of the eligible NFT holders on 10 Nov 2021 at 12:00 pm UTC.

At the time of the IDO, head to Equinox.fund, go to the launchpad, then log in and connect your MetaMask wallet holding the Equinox NFT. Make sure it is connected to the Binance Smart Chain network.

Once your wallet is connected, the ‘Join Pool’ button will be highlighted for your eligible pool. Remember, your pool is determined by the NFT you hold, so you need to be logged in and have the wallet holding your NFT connected to the website before the ‘Join Pool’ button will work.

Click ‘Join Pool’ and enter the number of $SCOTTY tokens you want to purchase. Click ‘Submit’ and follow the MetaMask prompts to approve the transaction.

You have now joined the pool!

Step 6 — Wait for Token Distribution

The distribution date is still To Be Determined (TBD) but keep an eye on our social channels for more information.

The vesting distribution for the tokens will be 20% at TGE, followed by a linear monthly unlock for 4 months.

Congratulations! You’ve taken part in the Scotty Beam Equinox IDO. You’re an early adopter of an epic project and have become an important part of crypto history!

Equinox IDO Launch FAQs

We want everyone to be able to participate in each IDO successfully, so here are our answers to some of the more frequently asked questions.

What is the difference between the participation round and pool openings?

• Participation Round: This is the time window available to confirm your intention to participate in an IDO. This must happen prior to the Participation Close Snapshot. The snapshot dates/times are listed on the project page on the Equinox website and will be communicated in our social channels before it happens. No funds will be sent during this step. The current snapshot date and time is 10 Nov 2021 at 5:00 am UTC.
• Pools Open / Pool Openings: This refers to the actual IDO and when the pools open for allocation funding. Scotty Beam Pools will open for allocation funding on 10 Nov 2021 at 11:00 am UTC for lottery winners and Summer NFT holders. The FCFS pools will open at 12:00 pm UTC.

Can I pay in other tokens / stablecoins?

• No, the only payment accepted is BUSD.

Why is the network listed as BSC?

• The fundraising is happening on Binance Smart Chain using BUSD.

Where can I buy the NFTs to participate in the launch?

• From the Equinox page on the Liquidifty marketplace.

What is the minimum/maximum buy amount? What is the participation limit?

• There are no set minimum and maximum amounts for lottery winners or first-come, first-served participants. The buy amounts are determined by the number of participants and the size of the fundraise for each launch. We work to find a balance so the allocation amounts are meaningful to the community.

When is the public round?

• 10 Nov 2021

Is there a whitelisting requirement?

• You will need to confirm your participation before the Participation Window closes. There will be a lottery to determine access after the closing participation snapshot, but there is not a separate whitelist.

Which countries are banned?

• Citizens and residents of and persons located in the United States of America, China, Hong Kong, and all sanctioned OFAC countries (DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia) as well as Central African Republic, Libya, Mali, Somalia, Yemen.

When will I receive the tokens? What is the lockup period?

• The token distribution date is TBD. At the time of distribution, you will receive 20%, followed by a linear monthly unlock for 4 months.

Can I pay for the tokens with any wallet address?

• You will need to use your MetaMask wallet, connected to the Binance Smart Chain network.

Is there any way to participate without holding the Equinox NFTs?

• No. The IDOs are only available to Equinox NFT holders.

OTHER IMPORTANT NOTES

*For applications to be considered valid, they must all pass the Equinox KYC process and adhere to each project’s specific KYC requirements and country restrictions, which vary per project on a case-by-case basis.

**There will be no financial compensation offered to any user who experiences a double pay issue with their IDO participation. The IDO project or Equinox will not reimburse any double pay incidents. Please use caution when submitting transactions on the Equinox platform to avoid this issue, taking care to send only one transaction per participation pool.

**Please note that any unforeseen difficulties or failures on the part of the third-party provider, Passbase, to provide timely KYC services is solely the responsibility of Passbase and not Equinox or its IDO projects. No compensation of any kind will be offered for errors or difficulties with using the Passbase platform. Please prepare your KYC well in advance to minimize the chance of unforeseen issues.

Find out more about Scotty Beam at:

Website | Twitter | Telegram

About Equinox

Autumn Equinox has passed. The time for a new non-fungible community-driven launchpad is upon us.

Find out more at:

Website | Twitter | Announcements | Telegram