BabylonsLaunchpad

Babylons is an ecosystem govered by a DAO model serving as a community-goverened NFT platform.

One of the key Babylons products is a Launchpad where users can participate in IDOs to get a share of promising projects on early stage.

How to Participate in an IDO on Babylon

In order to participate in an IDO, users must meet several requirements and proceed with following steps:

1) Make sure that a wallet for connection to Babylons platform is installed, for example, Metamask;

2) Buy and stake enough $BABI tokens to be eligible for participation in an IDO. Check $BABI Markets on CryptoRank to find exchanges for purchasing;

3) After $BABI tokens are purchaised and staked, upcoming IDO for participation is found - it needs to buy tickets to participate in an IDO. Tickets will be given in a NFT format;

4) The number of tickets allocated to individuals according to the amount of staked $BABI is given below:

• Phlegethon Level - 250 $BABI Staked, 1 ticket allocation;
• Styx Level - 1100 $BABI Staked, 4 tickets allocation;
• Acheron Level - 2200 $BABI Staked, 7 tickets allocation;
• Fountain of Youth Level - 3500 $BABI Staked, 12 tickets allocation;
• Hanging Gardens Level - 6600 $BABI Staked, 20 tickets allocation;
• The Tower Level - 11500 $BABI Staked, 30 tickets allocation;
• Moon Level - 18000 $BABI Staked, 50 tickets allocation;
• Primum Mobile Level - 33500 $BABI Staked, 80 tickets allocation;
• Empyrean Level - 50000 $BABI Staked, 100 tickets allocation;
• Babylons — Purgatory — Citizen Level - for active Discord members, it needs to have at least level 6 in Babylons Discord Server. Level provides 10 tickets allocation;
• Intergalactic Alliance Level is forged for strong partnerships in multiverses, it needs to have at least one whitelisted Babylons Partner NFT (e.g. Babylons Manga — Ninth Edition). This level provides 10 tickets allocation.

Allocation Trading feature offered by Babylons, provides an opportunity to sell your IDO entry rights in NFT format before listing of the project, so you can earn a certain amount of profit even from projects you do not want to invest in.