Tutorial: How To Join CeloLaunch IDO

In this article, you will be given a guide on how to Get CELO; Configure CELO Network; Participate in CeloLaunch IDO. As a new user on CELO Network or CeloLaunch Platform, it is important that you follow the guide.

CeloLaunch IDO Details

  • Token: $cLA
  • Network: Celo Network
  • Total supply: 100,000,000 cLA
  • Initial Market Cap: $796,800
  • Total IDO Allocation: $456,000
  • IDO Date: 27 December 2021, 15:00 UTC
  • IDO Price: $0.152
  • IDO Vesting: 30% on TGE, then 30% monthly
  • Min Contribution: $100 in CELO
  • Max Contribution: $300 in CELO
  • Listing Date: 28–29 December 2021
  • Listing Price: $0.16

I. Get CELO

We assume that you are experienced cryptocurrency investors, we will skip the part on how to use a centralized exchange.

1. Purchase CELO On Centralized Exchanges

  • You may purchase CELO on many centralized exchanges in the link below.

https://coinmarketcap.com/currencies/celo/markets/

2. Withdraw CELO To Your MetaMask

(a) Input your MetaMask wallet address; (b) The CELO network automatically matched to your address; © Input the withdrawal amount
  • After successfully withdrawn CELO from Binance to your MetaMask, let’s move on to the next step: Configure Celo Network.

II. Configure Celo Network

In this part, we will give you 2 methods to configure Celo Network

1. Using Chainlist.org

  • Go to Chainlist — A tool helping users connect to EVM powered networks: https://chainlist.org
  • Follow these steps:

II. Configure Celo Network

In this part, we will give you 2 methods to configure Celo Network

1. Using Chainlist.org

  • Go to Chainlist — A tool helping users connect to EVM powered networks: https://chainlist.org
  • Follow these steps:
(a) Input “Celo” in search bar; (b) Click “Connect wallet”
  • Choose the wallet you would like to connect and click “Next”. Then click “Connect”.
  • After successfully connected, click “Add To Metamask”
  • Click “Approve” and “Switch network”. You’re done!

2. Configuring Directly On Your MetaMask

MetaMask with Default Network — Ethereum Mainnet
  • Open MetaMask, click your profile image on the top right corner, and then click “Settings”.
  • Next, scroll down and click to “Networks”. Press the “Add Network” button.
  • Fill out the following values of Celo Network:

ℹ️. Network Name: Celo Network
New RPC URL: https://forno.celo.org
Chain ID: 42220
Currency Symbol: CELO
Block Explorer URL: https://explorer.celo.org

Configuring Celo Network on MetaMask
  • Click “Save” and you will see CELO in your MetaMask wallet:
  • Since you already got CELO in your wallet, let’s go to the following step: Participate In CeloLaunch IDO.

III. Participate In CeloLaunch IDO

1. Connect Your Wallet To CeloLaunch Platform

CeloLaunch Launchpad Interface
  • Scroll down a little bit and you should see the upcoming pools. In this case is the CeloLaunch IDO Pool, let’s click on it.
CeloLaunch IDO Pool Interface
  • You have to connect your wallet to the dApp to check your whitelist status.
(a) Click “Connect Wallet”, (b) Choose MetaMask
  • Choose the wallet you would like to connect and click “Next”. Then click “Connect”.

2. Check Your Whitelist Status

  • If you are NOT WHITELISTED, you should see as below:
  • If you are WHITELISTED, you should see a button “Approve” to spend your CELO on CeloLaunch Platform.

3. Participate In IDO

  • CeloLaunch IDO will happen in 2 rounds:

Round 1 (Whitelist Round): For 2,000 whitelist winners. Join the whitelist contest here: https://gleam.io/1oI56/celolaunch-whitelist-for-ido-competition

Round 2 (FCFS Round): For everyone except the one who already purchased in Round 1.

⭐ Round 1 (Whitelist Round)

  • The Whitelist Round will happen for a specific time that we will set up and announce before the IDO date. (E.g: 1 hour for whitelist round)
  • After checking your whitelist status and clicking “Approve”, you should see the minimum and maximum amount in CELO that you could purchase.
  • Fill out the amount you would like to buy and click “Buy”, then you should see a pop-up window saying “Buy successfully!”.

⭐ Round 2 (FCFS Round)

  • The FCFS Round will happen for a specific time that we will set up and announce before the IDO date. (E.g: 1 hour for FCFS round)
  • After Round 1 concludes, you will immediately be able to participate in Round 2, we recommend you to refresh your browser in time.
  • You should see the “Approve” button. After clicking “Approve”, you will see the minimum and maximum amount in CELO that you could purchase.
  • Fill out the amount you would like to buy and click “Buy”, then you should see a pop-up window saying “Buy successfully!”.
  • After the hard cap reaches or IDO time is over, the IDO will end. You cannot purchase at this time.
  • Let’s move on to the next stage: Claim your tokens.

4. Claim Tokens

  • The distribution will happen after IDO a specific time like we set up. (E.g: 24 hours after the IDO)
Countdown to the first distribution
  • When the countdown is over, you could claim your tokens.

The photos used for guidelines in CeloLaunch dApp are from the Demo version; part of information in the images are not accurate. Keep following us on social network to get the lastest update.

About CeloLaunch

In spite of initially modest DeFi market capitalization, it has grown exponentially through the summer of 2020. By injecting decentralized governance and peer-to-peer access mechanics, all on-chain inclusive and incorruptible, the institutional landscape of DeFi is rapidly spreading, taking over, morphing and synthesizing the institutions of traditional finance.

Another important element driving the fast expansion is the sheer potential for community innovation enabled by the open source nature of the majority of the DeFi software. The foregoing leads to an obvious conclusion: we are in the early stages of forming a new institutional environment that will redefine the financial system as we know it in the coming decades, transforming it into something very different, something fair and efficient.

To replace the current financial system’s core institutions, decentralized apps have become increasingly sophisticated and efficient in terms of lending and borrowing mechanisms, risk management, and the formation of on-chain liquidities. The rate at which inventions occur has never been faster, and it is only going to get faster. With the launch of CeloLaunch, an IDO Platform based on Celo Network, that day has come. CeloLaunch’s major goal is to tackle the Celo Ecosystem’s illiquidity problem and give a single unified UX/UI on our platform — an important thing that usually getting neglected by other projects.

Launched in September 2021, provides a constantly expanding set of decentralized services by offering revolutionary, flexible technology to add value to the DeFi industry as a whole, in CELO Network specifically. Startups may boost their initiative and reward communities by utilizing our services.

Partnerships

If you are interested in a partnership (VC/Advisor/Marketing/Influencer), please contact us via email: contact@celolaunch.io

Please note: Be aware of scammers, we will never DM you first!

Stay updated!

💬 Join CeloLaunch:

Website

Docs

Telegram Discussion

Telegram Announcement

Twitter

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The First DeFi Launchpad on CELO Network

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