Dragon SB, the 1st metaverse MMORPG game on the Terra protocol has announced its partnership with TerraFormer to hold its IDO event. The IDO is slated to hold on February 20 at 12 pm UTC.
Suffice to mention that Dragon SB is a dragon-themed game platform with exceptional gameplay where gamers can engage in breathtaking and adrenaline-pumping battles.
🤝DragonSB has Partnered with TerraFormer – IDO Day Coming Soon
🔥Don't forget to join our IDO on TerraFormer from 12 P.M UTC 18th to 12 P.M 20th February, 2022.
— Dragon SB (@DragonSBFinance) February 14, 2022
Details and Guidelines for the Dragon SB IDO on TerraFormer
KYC verification is the first prerequisite to participating in the IDO. You can complete this process on the TerraFormer platform. You need to provide your identification documents, such as your driving license, passport, or national ID.
You also need to submit proof of address and a selfie of yourself. You can complete the process on the TerraFormer platform. During the KYC verification process, interested participants must connect their Terra Wallets.
Suffice to mention that you can only use the Terra Station wallet when participating in the Dragon SB IDO or any other IDO on the Launchpad.
How to Participate in the IDO
Participation in the Dragon SB IDO event is based on a lottery. The registration for the IDO starts at 12 pm UTC on February 18 and ends at 12 pm on February 20. Note that the lottery is not based on a first come first serve basis.
Every participant has a 48-hour window to complete the registration. You need a minimum of 253 UST to register and qualify to participate in the lottery. To register, simply visit the TerraFormer platform and click on the “Participate” button to start the registration process.
More Details about the Lottery Results
At the close of the registration process, a lottery will take place and the winners will be announced by 2 pm UTC on February 20. The lottery will have a total of 600 winners. The list of the wallet addresses of the winners will be published on the Launchpad’s platform and also on the platforms’ social media channels.
Each wallet will contribute 250 UST to the Dragon SB IDO. That means that each winning wallet can buy 1,666.67 $SB during the IDO. The maximum volume of wallets that can participate is 400. That means out of the 600 winners, only 400 can take part in the IDO sale.