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Orange IDO Participation Guide
To join the IDO for Orange Crypto you need to navigate to:
Click on the ‘participate’ button, this will ask you to select which wallet you wish to connect to the site, once connected press the ‘participate’ button once more to open the participation screen to select your options.
In this section you will be able to select how much BTC you wish to contribute. Remember in the first round this relates to how many .COM tokens you hold, and the second round you must own at least 1 .COM token to contribute (in each case as of the snapshot date).
Once you are happy with your contribution amount click on the ‘participate’ button, this will create a transaction in your wallet. Click on ‘Sign & Pay’. Once your transaction has been signed it will be ‘unconfirmed’ until it passes the next block at the specific gas price you paid.
You can tell that your transaction has been successfully placed when you see the message
‘You have an unconfirmed transaction’ below the participation button - this means it is queued in the mempool. You may be required to refresh your browser page in order to see this message. Please do not repeat the participation phase as this may result in unnecessary loss of funds.
At the end of the IDO period you will be able to claim your tokens on the launchpad site. Further details with the specifics of this will be shared closer to the time.
FAQ’s
When does the IDO Start?
The Orange IDO will start on 30th January 2024 at 12pm UTC
How long will the IDO run for?
The IDO will be split into 2 rounds both lasting a maximum of 3 hours.
What are the requirements for each round?
Round 1- this round relates to how much .COM you hold as of the snapshot date.
50 .COM means you can contribute 0.0025 BTC
500 .COM means you can contribute 0.0125 BTC
5000 .COM means you can contribute 0.0625 BTC
Round 2- allows you to contribute 0.0025 BTC so long as you hold at least 1 .COM token, provided there were any tokens left after round 1.
Are there any fees involved?
Yes, there is a 20% platform fee included in token claims.
Therefore, as an example, if your contribution allocation is 4000 $ORNJ this will be broken down as follows -
you receive 3200 $ORNJ and the fee is 800 $ORNJ
What wallets are supported for participation?
Unisat, OKX and BitGet wallets will all be supported - please do not use any other type of wallet as this may result in permanent loss of funds that the team are unable to retrieve or recompense.
My transaction is still showing as ‘unconfirmed’ why is this?
As with all transactions on the Bitcoin network they are all subject to confirmation on the blockchain. If gas prices have increased since you placed your order it is possible that your order has been pushed further down the queue. Please do not try and repeat the participation process as this will potentially result in permanent loss of funds.
How do I claim my tokens once the IDO is completed?
Tokens will be claimable on the BRC20.com launchpad site, a full guide will be produced for participants and made available in the wiki section of our website and in our official social media platforms. Excess BTC will also be claimable at this point.