Equinox ZONE IDO Participation Process
Be sure to sign up before 14 Jan 2021
Get ready for round two, Equinauts!
If you missed the ZONE private round, which launched back on 01 Nov 2021, you’re in luck! Round two is right around the corner.
The ZONE public sale is launching on 15 Jan 2022.
We want to make sure everyone eligible gets a chance to participate. Please read our following guide all the way through to ensure you don’t miss out on this amazing opportunity.
And remember, the funding is on Binance Smart Chain with BUSD, but the project is built on the Algorand Network. You will need your MetaMask wallet for the allocation funding — and an Algorand wallet to receive the ZONE tokens.
ZONE is changing competitive gaming and social media as we know it. Their remarkable technology allows you to engage with other players from within a Discord server and even add friendly wagers. The protocol turns well-known games like Chess, League of Legends, PUBG Mobile, and more into Play-to-Earn games by allowing competitors to play for ALGO and ZONE rewards. And for the first time, owning a Discord server can pay off, as part of the fees from challenges go back to the server owners. You’ll never want to play games the old way again!
The ZONE 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 20-30 minutes from start to finish.
If you hold multiple NFTs, you can access the relevant pools for those NFTs 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 at a later date and be airdropped to your Algorand wallet.
Make sure you go through the opt-in step to receive your ZONE token airdrop.
To receive an asset (token) on the Algorand network, users must manually opt-in and hold a minimum balance of ALGO tokens in their Algorand wallet. These features act as security and spam prevention to help protect you from being scammed by malicious actors.
Opting in to receive assets is easy to do and only takes a few minutes.
After you have created your Algorand wallet, add some funds to cover the gas fees and token reservations. We recommend holding at least 0.3 ALGO to receive your ZONE tokens.
When the ZONE tokens are minted, they will have an asset ID assigned to them, which can be used for the opt-in process. The ZONE team will have a separate opt-in page for the community to make the process as easy as possible.
Stay tuned to the ZONE and Equinox socials for more information.
About the ZONE 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 $300,000 for ZONE, 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 participation snapshot on 14 Jan 2022 at 19:00 UTC to capture the list of eligible Equinox NFT holders who have 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 14 Jan 2022 at 22:00 UTC.
This initial access for Summer NFT holders and lottery winners will open at 11:00 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 ZONE IDO.
ZONE IDO Summary
- Date: 15 Jan 2022
- Blockchain Network for Funding: Binance Smart Chain
- Blockchain Network for Token Distribution: Algorand
- Participation Closing Snapshot: 19:00 UTC
- Lottery Winner Announcement: 22:00 UTC
- Pools Open for Summer NOX/Lottery Winners: 11:00 UTC
- Pools Open for FCFS Holders: 11:30 UTC
- Token Ticker: $ZONE
- Token Price: $0.038
- Total Raise: $300,000
- Vesting: 20% at Token Generation Event (TGE), then 16% released every Quarter
There are seven main steps to participate in the ZONE IDO.
- Sign up at Equinox.fund
- Complete the Know-Your-Customer (KYC) Process
- Purchase Equinox NFT on Liquidifty
- Create and Register an Algorand Wallet
- Confirm Your Participation
- Join the Corresponding Pool for Your NFT and Fund Your Allocation
- Opt-in 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 ‘Launch App,’ then click the ‘Log In’ button.
Click the ‘Sign Up’ link at the bottom of the pop up box.
Enter your email address and new password. Click ‘Continue.’
That’s it! You’re now signed up and ready for KYC.
Please note: The Equinox site has recently migrated to a new Login/Password authentication process. If you’re an existing user you will need to click on ‘Log In,’ enter the email address you used to sign up to Equinox, then follow the instructions in the email to create a new password.
You can refer to our previous article here for more information.
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 on your mobile, try your 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 an Equinox NFT on Liquidifty
To buy your NFT, go to the Equinox.Fund website, log in, and connect your MetaMask wallet.
Navigate to the ZONE pools page or click the ‘Get Started’ button at the top right of the home 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 — Create and Register an Algorand Wallet
Create the Algorand wallet of your choice. Once you have completed this, copy your PUBLIC address. Never give anyone your private keys.
Return to the Equinox website and click on the ZONE project box. There will be a purple bar with a ‘Register’ button.
Click the ‘Register’ button and paste your Algorand wallet address in the pop-up box. Click ‘Register Address.’
You can now confirm your participation in the pool.
Step 5 — Confirm Your Participation
Before the participation snapshot on XX Jan 2022 at 5:00 am UTC, log in to the Equinox.fund website.
Connect the MetaMask wallet holding your Equinox NFT. Make sure it’s connected to the Binance Smart Chain Network.
Navigate to the Equinox ZONE pools page, then confirm your NFT and desire to participate in the IDO by clicking the ‘Confirm’ button.
After you click the 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 6 — Join a Pool
The funding is happening on the Binance Smart Chain network, so make sure you a) have your MetaMask connected to the correct network, b) have enough BNB for transaction costs, and c) enough BUSD to pay for your ZONE allocation.
Pools will open for Summer NOX participants and lottery winners on 15 Jan 2022 at 11:00 UTC. The pools will open on an FCFS basis to the rest of the eligible NFT holders on 15 Jan 2022 at 11:30 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 amount of $ZONE tokens you want to purchase. Then, click ‘Submit’ and follow the MetaMask prompts to approve the transaction.
You have now joined the pool!
Step 7 — Opt-in for Token Distribution
The token distribution is happening on the Algorand network. This is separate from the allocation funding. Users will have tokens distributed to the Algorand wallet address registered during participation confirmation.
To opt-in for token distribution, the ZONE team will be creating an opt-in page for the community. Stay tuned to the Equinox and ZONE socials to see for further information.
Once it goes live, visit the ZONE opt-in page and click ‘Connect Wallet.’
Enter your ALGO wallet password and click ‘Connect.’
Select your wallet, click ‘Connect,’ then verify your wallet address. Click ‘Next.’
Click the button that reads ‘Click Here to Opt-In.’
Verify the data in the pop-up box, then click ‘Continue.’
Enter your wallet password to sign the transaction. This enables you to receive ZONE tokens.
Click ‘Finish.’ You’re now ready to get your ZONE tokens dropped to your wallet!
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, then 16% released every Quarter.
Congratulations! You’ve taken part in the ZONE 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 on our social channels before it happens. No funds will be sent during this step.
- Pools Open / Pool Openings: This refers to the actual IDO and when the pools open for allocation funding. ZONE Pools will open for allocation funding on 15 Jan 2022 at 11:00 am UTC.
Can I pay in ALGO, other tokens, or 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. This is separate from the ZONE token distribution to your Algorand wallet.
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.
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%, then 16% released every Quarter.
The raise is on BSC; how will I receive the tokens in my Algorand wallet?
- They will be airdropped to the Algorand wallet you registered when confirming your participation. But make sure you complete the opt-in process to approve the airdrop to your Algorand wallet.
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 ZONE at:
Autumn Equinox has passed. The time for a new non-fungible community-driven launchpad is upon us.
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