One of our core values at SnapEx is giving everyone a fair chance to participate on projects launching on SnapEx, just by holding SNAP Tokens.

Below are some of the exclusive privileges that you unlock by holding SNAP Tokens. 

Guaranteed Whitelist

The process is straightforward and simple. Users just need to hold certain numbers of SNAP tokens in accordance with the tiers. When there is a new project launching on SnapEx, users just need to submit their SnapEx UID/wallet address for the whitelist and the allocations will be guaranteed based on the number of SNAP tokens held by the users. 

Tiered System

According to the number of SNAP tokens held by the users, users will be "allocated” into different tiers, where the higher tier holders will have more privileges in participating in early rounds and higher allocation size. 

First Come, First Served (FCFS)

The actual sales of projects will run on a First Come, First Served (FCFS) basis for the whitelisted participants following the tiers below. For example, Gold members can participate in the Gold Round and the subsequent rounds (Silver, Bronze, Public) and Silver members can participate in Silver round and the subsequent rounds (Bronze, Public)

This tier system is being carried out to ensure fairness in distributing IDO/IEO tokens so that all participants can acquire them with ease without a single party fetching a high percentage of the overall supply, preventing the system from being gamed and increasing the overall value of SNAP tokens.

SnapEx Launchpad Tier System — Guaranteed Allocation, FCFS

Gold - 15,000 SNAP (25% of total + subsequent rounds) 

Silver - 7,000 SNAP (unsold from previous round + 35% of total + subsequent rounds)

Bronze - 3,500 SNAP (unsold from previous rounds + 40% of total +subsequent round) 

Public - Anyone (unsold from previous rounds) - max $50 USD per purchase

Allocation Size

The allocation sizes for each whitelisted address of each round will be announced after the whitelisting process is done. Allocation will vary for each project according to several factors. 

1.  numbers of whitelisted addresses
2.  amount of funds raised
3.  other factors 

Summary

The table below summarizes how the launchpad tiered system works: 

The maximum allocation per round ($) indicates the maximum allocation size per whitelisted address in that round depending on his/her tier. Please note that the allocation sizes here are only for illustration purposes. 

Illustration 1 (Gold): 

Nguyen holds 20,000 SNAP Tokens. She is in the Gold Tier. She is entitled to purchase a maximum of $2000 in Gold, $500 in Silver and $200 in Bronze. The total purchase she is entitled to is $2700. 

Illustration 2 (Silver): 

Samy holds 8,000 SNAP Tokens. She is in the Silver Tier. She is NOT entitled for the Gold-tier privileges. However, she is entitled for $500 in Silver and $200 in Bronze. The total purchase she is entitled to is $700. 

Illustration 3 (Bronze): 

Chan holds 3,800 SNAP Tokens. She is in the Bronze Tier. She is NOT entitled for Gold and Silver. However, she is entitled for $200 in Bronze. The total purchase she is entitled to is $200. 

Illustration 4 (Public):

Any unsold amount after 3 rounds will open to the Public round. Anyone can make a maximum of $50 per address.

SnapEx Launchpad Rebate Loyalty Program

As a community-driven project, community members are our main priorities. We will be rebating every IDO participant who takes part in the IDO projects on Snap Launch. A USDT Trading Bonus will be rewarded to each participant who makes a successful purchase. 

What is the USDT Trading Bonus? 

Read more here: https://bit.ly/3KmgME9

Important Notes: 

1. Trading Bonuses will only be rewarded to participants who provide their SnapEx UID in the whitelist. 
2. Rebates will only be rewarded based on purchases made on the highest tier. 

Illustration 1 (Gold): 

Nguyen holds 20,000 SNAP Tokens. She is in the Gold Tier. She purchased $1000 in Gold, $300 in Silver and $100 in Bronze. Since she made the purchase in the Gold tier (her highest tier),  the rebate ratio will be 15% of the purchases she made in Gold. Her SnapEx account will be credited with the maximum cap of an $60 USDT Trading Bonus. 

Illustration 2 (Silver): 

Samy holds 8,000 SNAP Tokens. She is in the Silver Tier. She purchased $200 in Silver and $100 in Bronze. Since she made the purchase in the Silver tier (her highest tier), the rebate ratio will be 10% of the purchases she made in Silver. Her SnapEx account will be credited with a $20 USDT Trading Bonus. 

Illustration 3 (Bronze): 

Chan holds 3,800 SNAP Tokens. She is in the Bronze Tier. She purchased $200 in Bronze. Since she made the purchase in the Bronze tier (her highest tier), the rebate ratio will be 5% of the purchases she made in Bronze. Her SnapEx account will be credited with the maximum cap of a $10 USDT Trading Bonus.

Term of Use:  

1. SnapEx reserves the right to change the conditions at any time without prior notice. 
2. While SnapEx practices the highest due diligence in selecting IDO projects, SnapEx holds no responsibility in any unfavorable event. Please always Do Your Own Research (DYOR) with every investment decision you make. 
3. SNAP tokens must be held until the completion of the IDO, otherwise users shall be considered disqualified. 

Risk warning: Cryptocurrency trading is subject to high market risk and volatility. Please DYOR and trade cautiously. SnapEx will not be held responsible for your trading decisions.