Solcubator | Whitelisting Campaign
Dear Community,
The time has finally come to announce the kick-off of the Solcubator whitelisting campaign in advance of our SOLC public sale. On the 25th of July at 12 PM (UTC), the whitelist will go live. You can register here for the public Token Generation Event (TGE) as well as the community airdrop. This article will make it easy to understand how participation works.
We intend to keep the whitelist open for at least ten days. The whitelisting process is not based on FCFS (First-Come-First-Served), so take your time to read through the instructions carefully.
Before you proceed, always make sure you are on our official website: https://solcubator.io.
What is Solcubator?
Solcubator is a permissionless and community-governed launchpad for Solana. It looks to benefit both project owners and investors by providing a secure and decentralized platform for projects seeking funding and incubation and for investors to filter the value-added projects as it’s community-driven, with the primary purpose to drive the expansion and adoption of the Solana ecosystem.
However, our mid- and long-term ambitions for Solcubator go beyond the concept of a launchpad. If you‘re curious to learn more about us, please refer to our website and documentation portal.
The Whitelisting Process
Your entry to the whitelist and airdrop will ONLY be considered valid when you fill in the form correctly (section 1) and take the subsequent social actions (section 2).
Are you ready?
To register for the SOLC public sale and airdrop, click here to begin the whitelisting.
Section 1: Fill in the form correctly
Here you are expected to give up your email, Twitter handle, Telegram username, and a Solana address.
Make sure you have the required Solana wallet, Sollet (DO NOT USE AN EXCHANGE ADDRESS). You can set up your Sollet wallet here.
Lastly, solve the captcha to complete the first section of the whitelisting.
Section 2: Take the subsequent social actions
- Step 1: Follow us on Twitter
- Step 2: Like and quote retweet the pinned tweet using the following (hash)tags: #Solana $SOLC #Whitelist #Presale
- Step 3: Join our Telegram community channel
- Step 4: Join our Telegram announcements channel
A picture is worth a thousand worths; the two images shown above illustrate the simplicity of our whitelisting process to obtain a valid entry.
Congratulations, you made it! After verifying the validity of your whitelist submission, you will have a chance to be whitelisted for the public sale, and we will confirm your position in the airdrop.
Public Sale Structure
The SOLC token sale will be divided into two rounds; the first round offers 6,500,000 SOLC tokens (~30% of total allocation) and will be organized on a third-party platform (TBA). Subsequently, most of our tokens (~70% of total allocation) will be for sale in a dedicated pool on our very own platform. Both events will happen on separate dates, and your whitelist nomination will only count for the second funding round. Details about involvement in the first round will be revealed soon in a later Medium article. In addition, the presale rates are the same at $0.035 per token (denominated in SOL).
After the whitelist has closed, we will carry out a lottery process to select the winning participants. They will be entitled to participate in the Solcubator TGE with a predetermined min and max allocation (between 1 SOL and 30 SOL). Moreover, the public sale on our website occurs on an FCFS basis until 100% of the public allocation is sold out. Your purchased tokens will be fully released and claimable on TGE; there’s no vesting involved.
If you want to have a complete image of our tokenomics, please visit our tokenomics page.
Airdrop
The first SOLC airdrop produced an outburst of demand for our token; it allowed us to expand our community exponentially. We are grateful for the tremendous response. However, we also got the impression that some people were unrightfully excluded from the final airdrop results.
Therefore, we want to make amends by splitting another 1% of our total supply (i.e., 1.5M SOLC) evenly among the combined valid and unique whitelist submissions. That means this airdrop is guaranteed (not a lottery) and split evenly among anyone who signs up correctly for the whitelist. Besides, we expect that not everyone will be able to participate in the TGE, and by organizing this airdrop, we hope to make more people feel involved with Solcubator.
Frequently Asked Questions
Question: When does the whitelist close?
Answer: The whitelist will be open for at least ten days. We will announce a specific closing time through our social media channels.
Question: What is the public sale rate?
Answer: The TGE rate will be $0.035 per SOLC denominated in SOL.
Question: Which countries are excluded from the TGE?
Answer: Please note that we cannot accept any investment from the following countries:
- Afghanistan, Albania, Bahamas, Barbados, Botswana, Cambodia, Canada, Cuba, Ghana, Iran (the Islamic Republic of), Iraq, Jamaica, Korea (the Democratic People’s Republic of), Libya, Mauritius, Myanmar, Nicaragua, Panama, Pakistan, South Sudan, Sudan (North), Syrian Arab Republic, The Crimea, Trinidad and Tobago, Uganda, United States of America, Vanuatu, Yemen, Zimbabwe;
- Jurisdictions in which any applicable law prohibits participation or ownership of tokens;
- Jurisdictions that are subject to the United States, the United Nations, or other applicable sanctions/embargoes.
Question: Who is eligible for the airdrop?
Answer: Everyone who completes the whitelisting process (both sections 1 and 2) with a valid Solana address (e.g., Sollet) will receive an airdrop, even if you had qualified for the first airdrop.
Question: When will I receive my airdrop?
Answer: You will receive your SOLC airdrop right after our presale in the first week of launch.
Question: How do I know if I won in the public sale lottery?
Once the whitelist closes, we will draw the results and have them presented on our website in an organized way.
Question: Do I need to pass KYC for the whitelisting or airdrop?
Answer: No KYC is required for both our public sale and the airdrop. Any applicant to the TGE will secure an airdrop allocation!
Moving on
You can find more answers to common questions on the FAQ page on our website. However, when in doubt, don’t hesitate to opt-in our various channels:
🐦 Twitter: https://twitter.com/Solcubator
🔊 Announcement Channel: https://t.me/SolcubatorAnn
✉️ Community Channel: https://t.me/Solcubator
*Disclaimer*
Always double-check that you’re using the official channels mentioned on our website and Twitter, and especially watch out for fake Telegram groups.
