GIGCO is a brand-new music platform that incorporates Solana blockchain technology to provide GIG contracts and the network’s $GIG token for an all encompassing approach to the future of the music industry. Through a combination of NFTs and staking programs GIGCO offers music fans a unique way to connect with the artists they love.
📅 Launch Time (UTC)
Opens Saturday 26th February, 12:00 PM UTC
Closes Monday 28th February, 12:00 PM UTC
‼️ Sale Details
This article will cover details of how to get involved in the $GIG token IDO. For a full in depth guide to SolRazr’s IDO process please check out the following LINK
$GIG SolRazr IDO Details:
Total tokens for the raise: 9,500,000 $GIG (5% of total supply) 50% unlocked at TGE, 1 month cliff and 2 months vesting.
Token fixed price: 0.075 $USDC for 1 $GIG
Total raise: 710,000 $USDC
Model: Lottery for allocation
IDO Opens Saturday 26th February, 12:00 PM UTC
IDO Closes Monday 28th February, 12:00 PM UTC
Winners Announcement: Mar 1st, 12:00 PM UTC
Eligibility and Entry Requirements
To be eligible for the GIGCO IDO you will first need to be staking $SOLR on the SolRazr platform. The SolRazr platform works on a 5 tiered scaling system, depending upon how many $SOLR tokens you have staked, each tier has an incremental hard cap for the amount of $GIG tokens that you can purchase during the IDO.
For example the entry tier named Soil has a hard cap of $75 or 1000 $GIG but the highest tier named Mighty Oak has a hard cap of $1,575 or 21,000 $GIG tokens.
The amount of tickets that you will receive for the lottery will depend upon how long you stake your $SOLR tokens for, if you stake for one week you will receive 1 ticket, 2 weeks 2 tickets up to a maximum of 8 weeks and 8 tickets. The longer you stake, the more tickets you will have and the more chance of having a winning or whitelisted ticket.
So, once you have staked your $SOLR and gained your tickets you simply need to head to SolRazr project page, find GIGCO, then you can connect your Phantom or Solflare wallet. Once connected you can apply for the IDO by depositing your USDC funds to the amount that you’d like to participate.
You can find the GIGCO project on the SolRazr website by following this link: https://solrazr.com/projects/gigco
Please ensure the following before you click the ‘Participate’ button:-
Your minimum and maximum allocation will be displayed on the screen. Select the USDC amount you want to participate in the IDO with.
Ensure that you have the right amount of USDC required to purchase the $GIG tokens up to your desired allocation.
Complete Social media tasks using your email and wallet address
Social media tasks are mandatory forthe Soil and Seed tier.
We encourage EVERYONE in ALL TIERS to finish social media tasks to spread awareness about GIGCO and $GIG token.
🔗 Social Links
Website | Twitter | Discord | Telegram