THE DIFFERENCES BETWEEN PRIVATE & PUBLIC IDO
A significant discussion, namely the difference between PRIVATE & PUBLIC IDO…
When you read Private & Public, of course, you already understand what will happen to IDO on the STRT Button.
In short, Private can only be accessed by VIP Members while Public is only accessed by investors who are not VIP Members of the STRT Button.
Oh.. then I want to be a VIP Member, how do I do that?
CLICK HERE to learn how to join VIP Member.
Ok, let’s continue with a more detailed explanation below:
This project is listed by the STRT Button team, why?
It’s Well Qualified because it has gone through filtering!
How can that be?
This Private Project is a collection of legit projects from the nearest networking and from the results of the STRT Button team’s research that have met our criteria based on security and convenience by means of KYC, Audit, Locked tokens, etc. Even if you want to submit it for us to research, and then we will give this Private IDO slot to you.
But remember, you have to be confident enough with your project and present it very well. Well, there are also projects that we are Funding or Incubating at the early stage.
So, this Private Project can only be accessed by VIP Members and through this Private IDO, the STRT Button acts as “a bridge” between retail investors and early-stage projects. Isn’t that good? Because the allocation is not only in the Public Round but also in the Seed, Strategic, or Private Round.
Every project is released by the project creator by using the “Create Token Sale” feature in the STRT Button dApp. (We are still working on this feature, so stay tuned for the launching day!) After that, the Pool will be live automatically to the Public. But this needs more attention because everyone can Create a Token Sale without going through KYC or auditing from the STRT Button. So there will be a big risk for them to scam or rug pull. DYOR is needed for projects in Public IDO.
Because the differences are so slight and so significant, the quality of each project is also very different.
For you project creators, it is very important to do your best in development progress, don’t be a project that only “sells” Whitepaper!
Next article we will discuss our Development Progress, make sure to subscribe to our Medium and follow us on our Official Social Media below✅