How to participate in the public sale of electronic currency on Polkastarter |
As we wrote last week "As detailed in "Announce Public Sale of Cryptocurrencies on Polkastarter"!, the public sale of e-Money will take the form of an initial decentralized offering (IDO) on Polkastarter on January 19, 2021 CET.
There is a limited supply of 300,000 NGM tokens with a fixed price of $0.50. There is a NGM purchase limit of $1,000 per participant.
Since then, we've had a lot of questions asking for information about whitelisting and passingPolkastarterwhitelist
whitelist
The first is the whitelist process. Since NGM is not an ERC-20 token, people who purchase NGM through Polkastarter will receive an ERC-20 version of NGM tokens, which act as "tickets" representing the right to receive prorated NGM. After the transaction closes, these ERC-20 tokens will be delivered, the contract will be locked, and the NGM tokens themselves will be delivered on the mainnet to users who have pre-registered in proportion to the ERC-20 NGM "token" held.
Therefore, a simple whitelisting process has been implemented to ensure that NGMs are properly assigned to NGM ticket holders. All potential participants must first pass the whitelist to participate in the public sale. The whitelist form can be found atwallet.e-money.com/salefound onthere, those wishing to purchase tokens will be asked to provide their Ethereum address and email address.
To fill out this form, potential users must first create an e-money address.
Create your e-money network address
To create your e-Money web address, simply go towallet.e-money.com
Choose your connection method. For this step, we will use the Keplr browser extension.
2. After selecting Kapple, you will be taken to the following screen. When the chain addition request appears, click Approve.
3. A request to connect window will pop up. Click Approve again.
4. After that, your e-money account is ready to use. You can find your e-money address in the upper left corner of your wallet.
Connect your wallet to Polkastarter
go to
go topolkastarter.com, and then tap the Connect Wallet button in the upper right corner of the screen.
Select your wallet from the list of available supported wallets and connect. If your wallet is not listed, just select a wallet from the list, then go to their website and set up a wallet.
Next, add enough ETH to this wallet to support the amount of NGM you wish to purchase.
Join an electronic currency pool on Polkastarter
The e-Money pool that can be used to purchase e-Money native NGM tokens will soon be available atpolkastarter.com/poolson open. After the pool is officially launched:
Select an electronic currency pool from the list and click the link to access the pool.
In the e-Money pool page, click the "+Join Pool" button.
You'll then be taken to a short disclaimer, which you'll need to read and accept.
Next, look at the pool's min and max allocations and enter how much ETH you want to spend to buy NGM tokens.
Click the "Join Pool" button.
In the popup, click to confirm the transaction in your wallet. This will start the confirmation process, which may take some time.
Once confirmed, wait for the pool time to end before claiming tokens.
Remember, whitelisting is critical to participation, so make sure you complete this step ahead of time. Since there is a limited supply of NGM to sell, make sure you have set up your e-money account, have ETH in your ETH wallet, and make sure your wallet is connected to Polkastarter to avoid disappointment.
Catch all the latest cryptocurrency news:
Twitter:https://t.me/emoney_com
Twitter:https : //twitter.com/emoney_com
medium:https://medium.com/e-money-com
LinkedIn:https : //www.linkedin.com/company/e-money/
GitHub:https : //github.com/e-money



