To all Parallese out there, brace yourself, because The Parallel is going to launch IDOs on the 3 reputed Launchpads this December

• 

Krystal Go Launchpad

• Registration Open: Dec 24th, 2021
• IDO: Dec 28th, 2021
• Official Site: https://go.krystal.app/

• 

How to join IDO on Krystal GO?

Step 1: Connect your Wallet

Log in to: https://go.krystal.app/

Click the “Connect wallet” at the top right corner. Then connect your wallet, you can choose to connect via MetaMask, CoinBase or WalletConnect

• 

Step 2: Finish KYC

Let’s go to the KYC (Know Your Customer) Process. KYC is conducted directly on the website via the 3rd party service provider Blockpass.

• At the top, click on “Dashboard”
• Scroll down to the bottom and click on KYC

• 

Get the following documents ready:

1. Proof of Identity
   • Passport
   • National ID card
   • Driving license
2. Proof of Address
   • Utility bill
   • Government issued document
   • Bank statement
   • Bank reference

The document must be:

• Be issued within the last 3 months
• Includes your name

Follow the instructions to complete the KYC process. Once completed, Blockpass will now review your submission. Results and updates will be sent directly to your email address, so keep a lookout there on the status of your verification. You can now close and sign out.

To adhere to compliance policies, users from some countries have been restricted. Contact them on the Krystal Telegram channel if you are unable to complete KYC because of this.

While waiting for Blockpass to complete the review, you can start accumulating points first.

*Note: Certain citizens are not allowed to pass KYC with either ID or a Driving License. In this case, you would need to have a Passport for verification. You can find the ​​list of Identity Documents supported by Blockpass here.

Step 3: Stake KNC

The first way you can accumulate points is by staking Kyber Network Crystal (KNC) tokens on Krystal GO.

For every KNC staked on KrystalGO, 1 point is awarded. You can view your accumulated points on the Krystal GO Dashboard.

• 

How to Stake KNC?

1. Go to Dashboard
2. Approve KNC token to stake. You only need to do this transaction once.
3. After the transaction is confirmed, click on Stake to stake your KNC.
4. For every KNC staked on KrystalGO, 1 point is awarded.

Please note: You can unstake KNC any time, but you will only receive them back into your wallet after 7 days.

Where to buy KNC?

If you want to buy more KNC, click on the ‘Buy KNC’ button, and it will bring you to the Krystal website, where you can swap any tokens for KNC.

Stake KNC on multiple chains

• 

1. If you are holding KNC on multiple blockchains, you can even choose to stake them on all chains.
2. You can choose to stake on Ethereum, Binance Smart Chain or Polygon.
3. You can check your total amount of KNC staked in the left column.
4. Click on details to see the breakdown of the amount of KNC you have staked on each chain.

For every KNC staked on KrystalGO, 1 point is awarded.

• 

Step 4: Trade on Krystal

The second way you can accumulate points is by trading on Krystal.

It is not a requirement to trade on Krystal to accumulate points. If you have already achieved your desired tier by staking KNC, you don’t need to fulfill any trading requirements.

For every 10 USD token swap trade volume on Krystal, 1 point is awarded. You can view your accumulated points on the Krystal GO Dashboard.

• 

1. To accumulate points from trade volume, visit https://defi.krystal.app
2. Token swaps on all of Krystal’s supported blockchains will be counted. At the time of writing. Krystal supports Ethereum, BSC, Polygon and Avalanche. Swapping tokens on any blockchain will boost your overall trade volume.
3. Trade volume will be calculated 30 days back from the end of a project’s whitelist stage.
4. You can view your accumulated points on the KrystalGO Dashboard.

Please note that: Only swap transactions are counted. Wrap or unwrap transactions are not eligible.

Transactions are counted on all the supported blockchains.

How is the 30-Day period calculated?

Trade volume will be calculated 30 days back from the end of a project’s whitelist stage.

For example, Project A’s whitelist stage ends on 30th November. Your trade volume from 1st to 30th November will be taken into account.

Once again, the trade volume of token swaps will be calculated in USD. For every 10 USD token swap trade volume on Krystal, 1 point is awarded.

Step 5: Check your tier

Participating in KrystalGO is very simple, and our tiering system provides opportunities for all community members regardless of their capital size.

To view all our tiers, click on Detail

• 

Topaz (0 points)

• There are no minimum requirements set for the amount of KNC staked
• There is no minimum trading volume on Krystal required

While we previously announced that to qualify for Topaz, a minimum point count of 300 is required, we have since lowered it to provide more opportunities for all our members.

This tier does not guarantee participants an allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

Obsidian (3,000 points)

• Minimum amount of KNC staked = 1,200 KNC
• To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

This tier does not guarantee participants an allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

Emerald (10,000 points)

• Minimum amount of KNC staked = 4,000 KNC
• To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

All qualified participants in this category will be guaranteed an allocation.

Sapphire (35,000 points)

• Minimum amount of KNC staked = 14,000 KNC
• To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

All qualified participants in this category will be guaranteed an allocation.

And finally, the higher the tier, the greater the token allocation

• Your exact allocation will only be revealed a few hours after the end of the Whitelist Registration period.
• Participants have to make sure to maintain your tier until your allocation is revealed.
• The higher the tier, the greater the token allocation.
• The allocated token amount in each tier will differ on a by-project basis. It will be revealed during each project’s IDO announcement.

For example, for Project A’s token launch

• Participants in Topaz will be allocated 10 tokens to purchase
• Participants in Obsidian will be allocated 100 tokens to purchase
• Participants in Emerald will be allocated 1,000 tokens to purchase
• Participants in Sapphire will be allocated 10,000 tokens to purchase

• 

Step 6: Register for Whitelist

It’s the moment you’ve been waiting for — registering for whitelists!

After your KYC status is verified, and you have started accumulating points on Krystal GO, you are now able to participate in token sales.

Click on IDO pool to learn about available projects

• 

Select the project you are interested in, and you learn everything about it on the project page

• 

On the top left-hand corner, you can see which blockchain this token sale is conducted on, and what the deposit token is.

You can also see the complete timeline. You will see the dates for each stage — from the start of the whitelist to the end of the sale.

• 

If you are interested in joining a project, click on Register Now. If you do not register, you won’t be able to join the sale.

• 

If you are required to perform social tasks, a pop-up will be shown. Fill in the corresponding information and click Submit.

• Your status still be updated to Registered.
• Do note that you have to maintain your tier level throughout the registration period until the results are announced.
• Participants in ALL TIERS have to wait until the end of Whitelist Registration for the Whitelist Results Announcement to find out their token allocation.

• 

Step 7: Participate in Token Sale

If you have completed the registration and are whitelisted to join the token sale, you will be able to participate in the token sale

Check Project Timeline & Information

Please note that each token sale will be conducted in 3 phases.

• Phase 1: Only whitelisted wallets can buy.

Members with guaranteed allocation and winners of the pool, please purchase within Phase 1. If you miss it, your allocation will be passed to the second phase for others.

• Phase 2: Wallets that have registered for the project can buy.
• Phase 3: All wallets that have completed KYC on Krystal can buy.

If you don’t get into the whitelist, you will still have the chance to buy during a later phase, as long there are still tokens available.

All this information can be found on the project page.

• 

1. Timeline of token launch: Make your necessary preparations.
2. Sale progress: This bar shows how many tokens have been purchased. The sale will end when the progress reaches 100%.
3. In this box, you could see your allocation and the ongoing phase. This is where you make the deposit transaction.
4. Token information: Here you could see how many tokens will be sold, the token rate, the currency that will be used.

Making a Deposit

1. Connect your wallet (which was whitelisted and KYC-ed) and select the corresponding blockchain of the project.
2. Approve the smart-contract.
   • This step is required when the currencies required by the pool are non-native tokens. You must approve their use on the pool’s smart contract.
   • You only need to do this transaction once, so for pools using native tokens, you will not have to perform this step.
3. Deposit
   • Check your maximum allocation
   • Type in the amount you want to purchase (or click Max to auto-fill with your max)
   • Click Deposit.
4. Confirm on your wallet and wait until the transaction is mined. When the transaction is confirmed, the purchase amount will be updated accordingly.

With that, you have purchased your tokens successfully.

• 

Step 8: Claim your Tokens

Different projects have different token vesting periods. To check if your tokens can be claimed at the end of the token sale, visit the project page.

• Click on Claim to claim your tokens.
• After the transaction is completed, the project’s token will be available in your wallet.

When can you claim the tokens?

• For projects that fully unlock after the sale period, you will be able to claim all the tokens after the sale period.
• For projects that have a vesting schedule, token will be unlocked block-by-block, you can make the claim transaction any time. You will be able to claim all the tokens after the vesting period ends.

• 

Rada Launchverse

• Whitelist Open: Dec 19th, 2021
• IDO: Dec 28th, 2021
• Official Site: https://rada.network/

• 

How to join IDO on RADA Launchverse?

Visit https://rada.network/en/launchverse to complete KYC, a prefund with stablecoins-only or with RIR to maximize your winning chance, and check your status on the Dashboard.

Step 1: Find a project you’re interested in

You’ll see all of RADA’s fantastic projects in LaunchVerse

1. Go to https://rada.network (always make sure the URL is rada.network — bookmark it to avoid possible scams)
2. Click on “LaunchVerse” Navigation
3. Choose any Project and click “Discover Now”

• 

Step 2: DYOR! (Do Your Own Research)

Make sure you do your own research – RADA will help you by providing Project Reviews

1. DYOR on this pool in the “Raising Overview” box
2. On the right-hand corner box, choose “Full research” if you want to read a full Research article of that project. 

• 

Step 3: Apply for whitelist 

Before you can invest, you must apply for the whitelist

• 

Connect wallet

For now, LaunchVerse implements the best experience with the MetaMask wallet. Please create one and use it to connect with LaunchVerse.

*Note: Please make sure that you use only one consistent MetaMask Wallet connected to the below Sign-in Method, for the platform to keep your data when you sign in later.

Having multiple wallets connected to your RADA account will prohibit you from joining any pool on LaunchVerse.

• 

Login

• Click “Login button”
• Choose your Sign-in Method (Google/Facebook/Twitter) 

*Note: Please make sure that you use only one consistent Sign-in Method, for the platform to keep your data when you sign in later.

• 

KYC

You will need to complete your KYC information to be able to join for all upcoming token launches. This only needs to be done once.

Follow the steps for KYC

Certain citizens are not allowed to pass KYC with either ID or a Driving License. In this case, you would need to have a Passport for verification. You can find the ​​list of Identity Documents supported by Blockpass here.

For KYC verification, one Proof of Identity from the following is required:

• Passport
• National ID card
• Driving license

Follow the instructions to complete the KYC process. Once completed, Blockpass will review your submission. Results and updates will be sent directly to your email address, so keep a lookout there on the status of your verification. You can now close and sign out.

To adhere to compliance policies, users from some countries have been restricted. 

If you are having trouble completing KYC, please join the RADA Discord server, find the “LaunchVerse Support” category and ask for help in the “{project IDO name} support” channel, the Customer Services Team will be ready to assist 24/7.

• 

Step 4: Prefunding 

After completing the “Whitelist” Step, you will be directly transferred to the “Prefunding” step. LaunchVerse allows users to pre-fund their allocation using RIR and stablecoins (BUSD, USDC, etc.). 

• Select prefund amount 

• 

Choose the amount that you wish to invest

In this section, you can choose whether to use your RIRs or Stablecoin to prefund. 

If you already have RIR, it’s recommended to use RIR instead of just BUSD/USDT,… so that you’re 99% guaranteed with your application.

*Please note that the RIRs section will not be displayed for users who do not have RIRs in their wallets.

Please read the “Allocation Details” section to know the Maximum & Minimum allocation amount you can invest. 

*Depending on the project and available allocations, the minimum, and maximum allocation, and how much you can prefund will vary from project to project.

• Enable Stablecoins (or RIRs also)

• 

By granting permission, you are allowing the RADA smart contract to access your funds (both RIRs and Stablecoins). 

You will have to pay an amount of around 0,25$ to deploy this action (gas fee).

*This is the network fee, LaunchVerse does not profit from any of this. 

*Please note that the “Enable RIR” section will not be displayed for users who do not have RIRs in their wallets.

• 

A gas fee is required for granting permission

• Prefund

Once you are done with all “Enable” steps, now you can click the “Prefund” button to approve the $BUSD + RIR (if you have it) to officially deposit your fund. 

*You have to pay a transaction fee to deploy this action (gas fee).

• 

Step 5: Keep track of your “Status”  

To better understand how your result in the “Status” stage will be after the “Prefunding” stage, we have listed out some potential scenarios one might have in the prefunding process:

Scenario 1: Fully prefund with RIR

At LaunchVerse, $RIR holders have all the power. For all IDO prefund processes, using RIR will get you a 99% guarantee for an allocation.

Example: If you choose to prefunds with 200 $BUSD and spend 2 $RIR.

• 

Choose to prefund fully with RIR

In this scenario, you are guaranteed an allocation of $100 – $200. 

But still, the final allocation will be calculated based on the total subscription of the pool using the overflow structure.

• Best case scenario: you will get a $200 allocation. 2 $RIR is burned in the process.
• Worst case scenario: You will get an allocation of $100 which equals 1 RIR burned, and get refunded his 100 $BUSD & 1 $RIR.

• 

Scenario 2: Prefund with Stablecoins (no RIR)

LaunchVerse accepts prefunds using only stablecoins, as we understand there are new RADERS who don’t have RIR. 

Example: You choose to prefunds with 500 $BUSD and don’t use $RIR.

• 

Choose to prefund fully with stablecoins

In this scenario, you are not guaranteed an allocation of 500 $BUSD. 

The final allocation will be calculated based on the total subscription of the pool using the overflow structure and lucky-based.

But rest assured, you can claim a refund for any prefunded amount if you are not on the final whitelist.

• Best case scenario: You will get between $100 – $500 allocation based on lucky draw. 

• 

• Worst case scenario: You will get $0 allocation, and get refunded 500 $BUSD.

• 

Scenario 3: Partially prefund with RIR

To allow for a more flexible prefunding process, users have the freedom to partially prefund using both RIR and stablecoins.

Example: You choose to prefunds with 500 $BUSD and spend 2 RIR.

• 

Using partial RIR guarantees part of an allocation

In this scenario, you are guaranteed an allocation of $100- $200. 

But still, the final allocation will be calculated based on the total subscription of the pool using the overflow structure.

• Best case scenario: You will get a $200-$500 allocation. 2 RIRs are burned in the process, and get refunded $100- $300 BUSD.

• 

• Worst case scenario: You will get an allocation of $100. 1 RIRs are burned in the process, and get refunded 400 $BUSD & 1 RIR.

All relevant information is available at the project’s LaunchVerse page, and you can return here at any time to see updates as to how the pool is doing when it will close, and once the IDO or INO is finished you will be able to see Step 6: “Claim your token”.

Step 6: Claim your token

When the project’s token is officially listed on the market, after their TGE (Token Generation Event), and when it’s ready, this “Claim” step will open. 

Be sure to stay updated on any announcement on RADA’s social media channels about the Claiming schedule of the project.

Depending on the whitelist subscription, your final allocation will be decided based on the LaunchVerse Overflow Structure and the “luck of the draw”. You can process the “Claim” with: 

Case 1: You failed the whitelist

Your screen will be in step 3 (“Status”), click on the “Claim” button. 

On the screen, your Bep20 Wallet will need your confirmation for the transaction. The time it takes to claim back BUSD can be around 10-20 minutes based on the platform speed, then prefunded BUSD will show back in your wallet. 

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Case 2: You win the whitelist

Your screen will display step 4 “Claim”. 

Case 2.1: When you win partially

You’ll be able to claim back the remaining deposit. 

For example, if you deposit 300 BUSD + 2 RIRs and the pool limit for your account is 100 BUSD + 1 RIR, you will be refunded 200 BUSD + 1 RIR.

Press the “Claim” button and get BUSD and RIR back to your wallet.

• 

Case 2.2:  You fully win the whitelist 

Congrats! You can press “Claim” and confirm the transaction on your wallet. 

After claiming your token, ensure to add the token to your Metamask Wallet where you can see your available token. 

Please be aware!

• Each investment pool will have a different investment size (X). When the amount of all investments is bigger than X, the pool will be distributed in an overflow structure. After equally distributing the prefixed amount, the remaining amount will be chosen at random and the unlucky investors will get refunded. When using RIR to prefund, you will have the best chance for a successful deposit and therefore you’ll be less likely to need a refund.
• If you won the whitelist of an investment pool, the “claim” stage of yours will be open throughout the project’s Vesting Schedule for you to be able to claim all of your remaining tokens until it’s all released.
• Each RADA account will use only one wallet to participate in the IDO. If using two different wallets with a single RADA account, you will be rejected to join the IDO.
• RADA has the right to disqualify any suspicious account that may cause damage/ scam for the IDO Campaign on LaunchVerse.

Starpunk Launchpad

• IDO: Dec 27th, 2021
• Official Site: http://starpunk.io/

• 

More information about the 3 IDOs of December will be revealed soon. Keep in touch with us!

And don’t forget The Parallel- Super Listing Event: 13:00 UTC on Dec 28th, 2021

Official PRL Smart Contract (BSC)

0xd07e82440A395f3F3551b42dA9210CD1Ef4f8B24

About The Parallel

The Parallel is the evolution of an infinite Metaverse. A place where the world can come together to craft a completely unique GameFi experience, where communities can enjoy an endless array of entertainment, gaming, and earning pathways.

Find out more about The Parallel:

Website: https://theparallel.io/

Twitter: http://twitter.com/theparallel_io

Medium: http://medium.com/@theparallel

Discord: http://discord.gg/ex6SckmWqp

Facebook: http://facebook.com/theparallel.io/

Telegram:

• Community: http://t.me/theparallelcommunity
• Official: http://t.me/theparallelofficial

Youtube: http://youtube.com/channel/UCKvlkWCeNDEgxa41k1wBZYA

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

KAZ

Coincu Ventures