Solview IDO Is Coming — November 16th, 1:00 PM UTC
Some days have passed since we released a new IDO teaser, hinting at a possible project launch on Solcubator. The moment is finally here to confirm the good news; we’re humbled to present Solview as our second (certified) IDO — sharing only the best to our community. The Solview IDO will take place on Tuesday, November 16th, at 1:00 PM UTC.
Beware that the Solcubator team always employs an extensive due diligence process when searching for a prospective IDO. All certified SOLC projects go through a KYC process either with an established third-party or us. In the near future, any project developer can self-submit their presale on our platform. However, the big caveat is that such projects will have to go through an on-chain voting process, which only guarantees their eligibility provided that they obtain enough votes. Having said that, let’s now focus on Solview and the much-coveted IDO details without straying too much from the main topic.
About Solview
Solview is a platform with its very own token (SOLV) that enables you to monitor trading Solana tokens in real-time and analyze a project during and after its launch. Solview will let you make informed decisions faster and get a full view of the token. Every metric you can imagine — every key decision-making metric, all in one view.
We are giving high priority to both User Experience (UX) and User Interface (UI), as we think good UI is one of the core principles that are currently lacking or not appealing and engaging in the ecosystem. We believe this is one of the most important factors to onboard new users to the Solana ecosystem.
Solview Key Advantages
Every Solana token will be automatically listed on Solview. Just enter the contract address, and all important information will be visible, like the chart, market cap, liquidity, recent trades, etc.
The Future
- Invest in the hottest Solana projects
- Stake SOLV tokens
- Swap on our platform
- Manage your Solana wallet
- Debit cards for everyday use
- Upcoming NFT Marketplace
If you want to learn more about Solview, the links to their social media and resources have been at the end of this article.
The Solview IDO will take place on Tuesday, November 16th, at 1:00 PM UTC.
Tiered SOLC holders may participate in the IDO on our website, starting precisely at the given time. Considering our staking functionality is still under maintenance, you will need to hold at least 1250 SOLC for a (guaranteed) allocation in the upcoming IDO. So, there’s no whitelisting involved in this IDO; the sole prerequisite to participate is to own at least 1250 SOLC (Bronze tier) in your wallet.
Of course, the more SOLC you hold, the greater your pool weight and subsequent tier allocation in the Solview IDO:
The IDO involves the fixed sale of 12,500,000 SOLV tokens at $0.045 per token (denominated in SOL) at a guaranteed allocation basis. The SOL price will be pegged to USD 24 hours prior to the start of the IDO to set the price per token in SOL. Make sure to have your wallet funded with SOL in advance. Sollet (Extension) and Phantom are the only wallets that are currently supported. Support for other wallets will be added with time.
Key takeaways of the IDO process:
- 24 hours before the sale begins, the conversion rate from SOL:USD will be set ($SOLV is priced at $0.045 in SOL per token);
- Moreover, a corresponding maximum guaranteed allocation amount for each participant will be set;
- Tiered SOLC holders who wish to participate must then acquire or hold enough SOL (in their Sollet or Phantom wallet) to fund their desired investment;
- When the sale starts at 1:00 PM UTC on November 16th, tiered SOLC holders may buy up to a max allocation (TBD per tier);
- The sale is carried out on a guaranteed allocation basis, lasting for a possible three rounds. The unsold tokens of the first round would be sold in the second round (twenty minutes after the pool opened), where each tiered SOLC holder will receive an additional tier-based allocation.
- In rare cases, if there’s still any unsold allocation after 40 minutes, a third (FCFS) round will be open until the allocation is exhausted;
- Shortly after the IDO is finalized, SOLV token will be tradeable on Raydium. The liquidity will be locked with SolMinter for six months. Your tokens are claimable and fully unlocked at TGE;
- During this time, stay alert and aware of scammers. We only communicate via the official social media channels listed on our website.
Solview — IDO Details
- Date and time: November 16th, 1:00 PM UTC
- Location: Our website
- $SOLV available for sale: 12,500,000 SOLV tokens
- Raise currency: Funds raised in SOL
- Price per token: $0.045 denominated in SOL (TBD after the SOL:USD conversion rate is set 24 hours before the start of the sale.)
- Total max allocation per wallet: TBD per tier (24 hours before the IDO)
- Vesting: N/A
Solview Socials
🌍 Website: https://solview.app/
🐦 Twitter: https://twitter.com/Solviewapp
📄 Docs: https://docs.solview.app/
💬 Community Channel: http://t.me/solviewofficial
🔊 Announcement Channel: http://t.me/solview
Solcubator Socials
🌍 Website: https://solcubator.io/
🐦 Twitter: https://twitter.com/Solcubator
📄 Docs: https://docs.solcubator.io/
💬 Community Channel: https://t.me/Solcubator
🔊 Announcement Channel: https://t.me/SolcubatorAnn
*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.
