What Are the Typical Participation Requirements for a Launchpad IEO?
Participation typically requires users to have an account on the host exchange and complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. Users are often required to hold or stake the exchange's native token for a certain period to qualify for an allocation.
There may also be geographical restrictions. The amount of the native token held usually determines the size of the allocation.
Glossar
Participation Requirements
Criterion ⎊ Participation requirements define the specific criteria that individuals or entities must satisfy to engage in a particular financial event, such as a crypto token sale, a derivatives contract offering, or a platform's loyalty program.
Launchpad
Platform ⎊ A Launchpad is a dedicated token sale platform, typically hosted by a major cryptocurrency exchange, designed to facilitate the initial distribution of new project tokens to a curated investor base.