Poolz Guide: Participation in IDO, Tiers and Launchpad Requirements
What Is Poolz?
Poolz is the first Launchpad to offer risk-free IDOs.
This model will allow investors to get back 100% of their funds within 24 hours of listing the tokens of each project that IDO has held on Poolz. This way, if investors want to exit their position due to any market circumstances, they will be able to do so at the touch of a button and get back the amount they have actually invested.
Should I choose Poolz?
The Poolz platform is integrated with some of the largest blockchain networks (Ethereum, Binance Smart Chain, Huobi ECO, Polkadot, Tomochain, Polygon, Avalanche). And is in discussions with more than a dozen major blockchain networks. Poolz has raised $2M led by leading venture capital funds such as Genesis Block, SevenX Ventures, Alphabit, GBV Capital, Phoenix Capital, DuckDAO, Aggressor Ventures, OMS capital.
To date, there are more than 65 successful IDOs. Poolz has cemented its status as one of the leading start-ups in the IDO space.
Poolz Statistics and Performance
According to Cryptorank.io, Poolz ranks in the top 10 Launchpad by revenue platforms in the market.
So far, Poolz has raised $8.89 million in investment, with an average ROI of 1.42x.
It is growing fast and has a lot of room for growth. Given this fact, Poolz is really worth a look.
The results of the latest IDOs conducted on Poolz are shown in the following image.
How Does Poolz Work?
Investors can use the Poolz platform to find promising projects.
Using Launchpad Poolz for fundraising will have the following advantages:
For every $250 POOLZ you block on the platform, you will earn one lottery ticket, which offers you the chance to win a distribution. The more $POOLZ you block, the more tickets you win and the more likely you are to win a distribution through the lottery system.
How do I buy POOLZ? Read our detailed guide here.
Current Price, £ 1.052 Market Cap, £ 3,868,640
What do you need to Participate in IDO on Poolz?
A short brief:
Step 1: Check that you have enough Poolz to participate in the IDO
- For every $250 worth of $POOLZ you block on the platform, you will receive one lottery ticket. Each lottery ticket gives you a chance to win an allocation.
If you block $1,000 POOLZ, you will receive four lottery tickets. The more $POOLZ you block, the more tickets you win. So, your probability of winning a distribution through the lottery system will be much higher.
- Only the top 100 $POOLZ holders have a guaranteed distribution of IDO and PreIDO. They will be determined by Leaderboard results.
- Guaranteed distribution of 50% of the users not chosen for any IDO during the entire month to the last IDO of the month!
Requirements: Users must keep their Poolz token locked and apply for each IDO.
Step 2: Connect your wallet to the Poolz webpage
Connect your cryptocurrency wallet to the platform by going to https://www.poolz.finance/. In the top right corner of the Poolz page, click on "Connect Wallet". Then select your desired wallet from the pop-up menu.
Step 3: Lock your $POOLZ
Once your wallet is connected, lock your $POOLZ tokens. This is a mandatory step to participate in IDOs run by Poolz. Do this on the official Poolz blockchain page.
Step 4: Meet the white list requirement
Register on the blockchain to participate in IDOs. Registration is required for everyone, including the Top 100.
Sign the transaction using your wallet to confirm that it is active and will participate in IDO. Click on the "Join Whitelist" button as shown in the image.
Step 5: Win Allocation
The IDO Wihitelist Winners will be published in Poolz main TG channels approximately 24H before the IDO along with other information such as IDO Purchasing time and Claiming & Listing details.
In https://www.poolz.finance/lobby you will be able to connect to the IDO pool and as soon as the sale will start, purchase the required allocation
If you have won an allocation and participated in the IDO, the IDO tokens can be:
How to get Whitelisted on Poolz IDO: $POOLZ Rules
To be eligible to participate in the IDO whitelist, you must:
Winners' wallets will be published 24 hours before the IDO time on the Poolz website.
1. The Top 100, you will receive a guaranteed distribution in the upcoming IDOs and Pre IDOs.
2. 250 Poolz bets = 250 points in the leaderboard (1 lottery ticket)
Poolz wallets holding only $POOLZ do not count towards the leaderboard
Poolz Launchpad IDO: Tiers
Let's take a look at the 6 tiers by which you can increase your chances of making the Launchpad POOLZ whitelist.
If you hold 250 POOLZ, your level is 1, you are Amber. For that you have 1 ticket to win the whitelist.
How the POOLZ project works is you hold tokens, staking them, i.e. putting them into POOLZ, earning you interest and annual profit. This gives you the opportunity to participate in IDO new projects. The more POOLZ tokens you have, the more likely you are to be whitelisted.
It is a lottery, and you will be randomly selected if you are lucky. But you can increase your chances of winning by storing, holding and staking more POOLZ. Amber - The minimum number of POOLZ is 250. Next level is 500 POOLZ and you already have 2 tickets . So you have 2 more chances to win on the white list. And each subsequent level adds another ticket.
Diamond is from 5000 POOLZ - then you have 4 tickets and you can still get one guaranteed allocation for an IDO. You have 100% one allocation for IDO. And if you have 10,000 POOLZ - then 2 guaranteed allocations, which increases your chances of winning the IDO, and you know exactly what you're going to win.
You must also pay attention to the fact that you have to keep the betting amount for at least 7 days. You need at least 7 days before the start of IDO to have POOLZ in staking. If you have bought POOLZ and staking, you need 7 days to get into the whitelist.
Having studied the project documentation, it is safe to say that Poolz takes its activities seriously. You can find a more detailed review on the website.
The information contained in this article is for information purposes only. It should not be construed as financial advice. Investing in cryptocurrency involves significant risk of loss, and we advise you to consult a financial advisor if you decide to invest in cryptocurrency. Remember that all investments are made at your own risk.
Is Poolz available in the UK?
Poolz is not a scam, the site is legal and available in the UK.
Is Poolz Safe?
Poolz takes its operations seriously. With their security system for investors, it is possible to invest large sums in crypto projects as the capitals will be completely safe until the time of listing.
How do I participate in Poolz?
To take part , you need to have 250 POOLZ for the minimum level. This corresponds to 1 ticket to win. The more tickets you have, the more likely you are to win.
Poolz created its new IDO model to offer completely risk-free IDOs and create a win-win situation for projects and investors alike. Poolz therefore ranks among the top 10 Launchpad and IDO platforms in terms of revenue in the market. It is a user-friendly, well-made product that does its job well.
Poolz Rating Summary
We have analyzed the main advantages and disadvantages of Poolz based on 3 important parameters for choosing IDO:
- Trustworthy (we made an independent research based on Trustpilot reviews and other independent sources on the internet).
- Our usability tests and experts researches.
- Analysis of token value, capitalization and value forecasts for the year by analysts.
Based on all this data, an independent rating was compiled
You should be aware of all the dangers connected with cryptocurrency trading and seek counsel from a financial expert who is not affiliated with any cryptocurrency exchange. This website's opinions, news, research, analysis, pricing, and other information are offered as general market commentary and do not represent investment advice.