Equinox IDO Participation Process

NOX_Ecosystem
8 min readFeb 18, 2022

Make sure you confirm your participation prior to launch — and if you haven’t already done so, read below on how to swap your old Liquidifty or gifted NFT for one of our Marketplace NFTs!

Equinauts! Don’t miss another incredible opportunity coming to Equinox.

The Equinox Pools

We’ve broken the traditional IDO mold and become the first NFT-based launchpad to ensure safety, transparency, and gamified participation for IDO offerings. Your access to the pools is based on the NFTs you hold and/or whether or not you are a lottery winner.

There will be four available pools, with each one linked to a corresponding Equinox NFT.

Tier 1 — Autumnal (Lottery & FCFS)

Tier 2 — Winter (Lottery & FCFS)

Tier 3 — Vernal (Lottery & FCFS)

Tier 4 — NOX Summer (Guaranteed Allocation)

The NOX Summer pool is the highest tier, meaning participants will receive access to guaranteed allocations. We will award allocation access for each of the other three pools using a lottery system and an open enrollment.

The first 65% of each pool will be allocated to the lottery winners. Once those have been filled, the final 35% of each tier’s total pot will go to the non-winning lottery participants on a First-Come, First-Served (FCFS) basis.

Participation numbers will determine the individual allocation amounts for each pool. To ensure the Summer NOX tier remains the top tier, we have put a waterfall allocation method in place, meaning that participation levels in the top tier determine the allocation to each tier below. This method will ensure that the lower tiers aren’t more beneficial than those above them, regardless of participation levels.

We will be taking a snapshot prior to the IDO to capture the list of eligible Equinox NFT holders who have signed up, completed KYC, and confirmed their participation. After that, we will run the lottery to determine who will get initial access to the three lower tiers. Lottery winners will be announced prior to launch.

To be included in the snapshot, you must go to the pools page and click the ‘Confirm’ button for the NFT you hold. The MetaMask wallet holding your NFT must be connected to the appropriate funding network as listed below and on the Equinox site. If you fail to complete this step before the snapshot, you will not be added to the lottery and could miss out on participating in the IDO.

Step-by-Step Guide

The main steps to participate in the launch are:

  1. Sign up at Equinox.fund
  2. Complete the Know-Your-Customer (KYC) Process
  3. Purchase Equinox NFT on the Equinox Marketplace
  4. Confirm Your Participation
  5. Join The Pool and Purchase Tokens
  6. Wait for Token Distribution

Let’s look at these steps in more detail below.

Step 1 — Sign Up at Equinox.Fund

We recommend you sign up at Equinox well ahead of time to ensure you can log in and connect your wallet before the pools open.

Go to Equinox.fund, click ‘Launch App.’ Click the ‘Sign Up’ button if you don’t have an Equinox account. Otherwise, click ‘Log In.’

Enter your email address and a new password into the pop up box. Click ‘Continue.’

That’s it! You’re now signed up and ready for KYC.

Step 2 — Complete KYC

After you’ve signed up for the website, a ‘Complete KYC’ button will appear at the top right corner of the screen. Click the button.

In order to increase trust and fairness in the Equinox platform, we need to uniquely identify you and your email address. Please have your passport or ID card ready.

When you’re ready, click ‘Start Your KYC.’

Click the ‘Verify Me’ button.

Choose your language, then click ‘Start.’

Check the box to agree to the terms, then click ‘Continue.’

Prepare your selfie video using the camera on your mobile phone or computer, then follow the instructions on the screen. If you’re having trouble with your mobile, try a computer, and vice versa.

Next, select the origin country and type of document to be scanned in for identification, then follow the instructions on screen. Please make sure you take a clear, high-quality photo or scan of your passport or ID, so all information is easily readable.

Once you have completed this stage, click ‘Confirm,’ then leave your browser open and wait for the verification. It may take 20–30 minutes for KYC verification to be completed.

Once you get confirmation, your KYC is complete! You are now ready to participate in Equinox IDOs and INOs.

Step 3 — Purchase Equinox NFT on the Equinox Marketplace

To buy your NFT, go to the Equinox Marketplace website, log in, and connect your MetaMask wallet.

Select the Equinox NFT you want to purchase, then click on ‘Buy now’. Make sure your MetaMask wallet is connected to Binance Smart Chain, then use BNB to complete the purchase.

Holding an Equinox NFT is the only way to get access to the IDOs and INOs, so head over and get yours before they’re gone!

If you already purchased your NFT on Liquidifty, or you own a gifted NFT, it’s time to swap it for one of our Marketplace NFTs!

Details for bought Liquidifty NFTs can be found here.

Or for gifted NFTs, click here.

Step 4 — Confirm Your Participation

Before the participation snapshot, log in to the Equinox.fund website with your email address and password.

Connect the MetaMask wallet holding your Equinox NFT. Make sure it’s connected to the Binance Smart Chain Network.

Navigate to the Equinox project you want to take part in and click ‘Pools’, then confirm your NFT and desire to participate in the project launch by clicking the ‘Confirm’ button.

After you click the ‘Confirm’ button, you’ll see a green message that says Participation confirmed. You will now be included in the snapshot and eligible to participate in the lottery for allocation access.

You can also watch this easy tutorial.

Step 5 — Join Your Corresponding Pool and Purchase Tokens

Check the project’s pools page on Equinox for the funding network and currency. Once confirmed, make sure you have your MetaMask connected to the correct network and the proper tokens to cover gas fees and token funding (e.g., $BNB and $BUSD).

At the time of the launch, head to Equinox.fund, go to the launchpad, then log in and connect your MetaMask wallet holding the Equinox NFT.

Once your wallet is connected, the ‘Join Pool’ button will be highlighted for your eligible pool. Remember, your pool is determined by the NFT you hold, so you need to be logged in and have the wallet holding your NFT connected to the website before the ‘Join Pool’ button will work.

Click ‘Join Pool’ and select the tokens to purchase. Click ‘Submit’ and follow the MetaMask prompts to approve the transaction.

You have now joined the pool and purchased your tokens!

Step 6 — Wait for Token Distribution

Check the project’s pools page on the Equinox site for the distribution date and blockchain network.

Congratulations! You’ve taken part in an Equinox IDO. You’re an early adopter of an epic project and have become an important part of crypto history!

Equinox IDO Launch FAQs

We want everyone to be able to participate in each IDO successfully, so here are our answers to some of the more frequently asked questions.

What is the difference between the participation round and pool openings?

  • Participation Round: This is the time window available to confirm your intention to participate in an IDO. This must happen prior to the Participation Close Snapshot. The snapshot dates/times are listed on the project page on the Equinox website and will be communicated in our social channels before it happens. No funds will be sent during this step.
  • Pools Open / Pool Openings: This refers to the actual IDO and when the pools open for allocation funding.

Can I pay in other tokens / stablecoins?

  • No, the only payment accepted is the token listed on the Equinox site.

Where can I buy the Equinox NFTs to participate in the launch?

  • From the Equinox Marketplace.

What is the minimum/maximum buy amount? What is the participation limit?

  • There are no set minimum and maximum amounts for lottery winners or first-come, first-served participants. The buy amounts are determined by the number of participants and the size of the raise for each launch. We work to find a balance so the allocation amounts are meaningful to the community.

Is there a whitelisting requirement?

  • You will need to confirm your participation before the Participation Window closes. There will be a lottery to determine access after the closing participation snapshot, but there is not a separate whitelist.

Which countries are banned?

  • Citizens and residents of and persons located in the United States of America, China, Hong Kong, and all sanctioned OFAC countries (DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia) as well as Central African Republic, Libya, Mali, Somalia, Yemen.

Can I pay for the tokens with any wallet address?

  • You will need to use your MetaMask wallet, connected to the appropriate blockchain network as listed on the Equinox site.

Is there any way to participate without holding the Equinox NFTs?

  • No. The IDOs are only available to Equinox NFT holders.

OTHER IMPORTANT NOTES

*For applications to be considered valid, they must all pass the Equinox KYC process and adhere to each project’s specific KYC requirements and country restrictions, which vary per project on a case-by-case basis.

**There will be no financial compensation offered to any user who experiences a double pay issue with their IDO participation. The IDO project or Equinox will not reimburse any double pay incidents. Please use caution when submitting transactions on the Equinox platform to avoid this issue, taking care to send only one transaction per participation pool.

**Please note that any unforeseen difficulties or failures on the part of the third-party provider, Passbase, to provide timely KYC services is solely the responsibility of Passbase and not Equinox or its IDO projects. No compensation of any kind will be offered for errors or difficulties with using the Passbase platform. Please prepare your KYC well in advance to minimize the chance of unforeseen issues.

About Equinox

Equinox is a fully functional, harmonious digital ecosystem of decentralized applications and value-add services, comprising an NFT-based IDO Launchpad and a tokenized Marketplace and Gaming Guild. Designed to cultivate and accelerate growth in the burgeoning Blockchain Gaming industry, Equinox supports all participants in an open platform structure that facilitates education, community, development, and economic interaction amongst stakeholders.

Find out more at:

Website | Twitter | Announcements | Telegram

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