ZeeDO is a multi-chain IDO platform that enables the ZeroSwap Community to participate in token distribution by staking its own token, $ZEE. It is compatible with Binance Smart Chain, Ethereum, Polygon, and Heco Chain of Huobi, utilizing chain-link VRF/Randomizer in ensuring fair and transparent token sales.
Participating in token distribution on ZeeDO follows a process that starts with staking ZEE tokens, followed by applying for Initial Desk Offering (IDO) and claiming Proof of Participation (POP) ticket. After that, Proof of winning tickets (POW) are drawn where holders are entitled to buy $XYZ token.
The Polkally IDO on ZeeDO
Polkally, a P2P auction platform based on IPFS and several blockchain networks will have its IDO on ZeeDO which will facilitate the sale of its own token, $KALLY from May 17 to 19.
As for sale details, there will be a total sale worth $200,000. A total of 20K POP will be made available, having a breakdown of 10K on ZEE/ETH staking and another 10K on ZEE/BSC staking. There will be 625 winners both for ZEE/ETH and ZEE/BSC staking. Each ticket worth 3,000 ZEE tokens each, will account for 160 $KALLY tokens worth $0.05 per unit.
Meanwhile, ZeroSwap has also launched the Learn and Earn Quiz about Polkally, which can grant 1000 ZEE to 50 winners while 10 lucky winners are awarded limited edition NFT.
Important reminders
Those who will participate to purchase $KALLY tokens must remember that staking $ZEE BEP20 or $ZEE ERC20 on the ZeroSwap Staking Module is a pre-requisite. There is also a need for application on ZeeDO after the staking process. The following schedules must be remembered: POP claiming time will be on May 17, 2021, at 5:30 AM UTC and will end at the same time on May 19 with the POW Draw time following shortly at 11:00 AM UTC. Only users who have won POW tickets can proceed to buy $KALLY tokens.
Image courtesy of Crypton [EN]/YouTube
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Source: https://bitcoinerx.com/blockchain/zeedo-set-for-polkally-ido/
