Paralink announced that everything is going at warp speed on their end and are quickly diving into the next phase of their IDO (Initial Decentralized Offering) on Polkastarter.
The public sale will go live on Monday, May 24, 2021 and the whitelisting process for community members to partake in the IDO is now open.
What Is Paralink Network?
Paralink Network offers a multi-chain oracle platform for DeFi and other blockchain applications. Applications that require the highest degree of security can use Paralink’s on-chain consensus algorithm, running on Polkadot Substrate. Paralink’s flexible node design allows developers to query for real-world events, sports, weather, random numbers and more. Developers can create custom queries using Paralink Query Language and connect smart contracts with traditional APIs within minutes.
Paralink Token (PARA) is an incentive and governance token on the Paralink blockchain. PARA holders will be able to stake their tokens to earn the governance rights.
How to get in?
The Polkastarter IDO whitelisting is now OPEN and closes on Tuesday, May 18, 2021 at 10:00 PM UTC!
To get whitelisted you need to fill out the whitelisting form here
There are only a limited number of places for this IDO and you have to finish these simple tasks to get a chance at securing a spot in the IDO!
- Provide your full name.
- Confirm your email address (KYC will be sent to this email address if selected).
- Enter your Twitter profile.
- Enter your Telegram profile.
- Enter your BEP-20 wallet address. (Please note that your wallet address must be BEP-20 compliant. $POLS tokens may be held on ERC-20 or BEP-20 as long as it’s the “same” wallet. Please refrain from using centralized exchange address.)
- Follow Paralink on Twitter
- Follow Paralink on Telegram Group
- Follow Paralink on Telegram Announcement
- Follow Polkastarter on Twitter
- Agree to terms and conditions
Paralink – Polkastarter IDO Details
- IDO date: Monday, May 24, 2021
- Total supply: 1,000,000,000 $PARA
- 6,666,666 $PARA tokens will be distributed
- Initial price of $0.045 per token for a total allocation of $300,000 (funded in $BNB)
- Participants must hold at least 250 $POLS on either ERC-20 or BEP-20 for at least 7 days before the IDO date
Paralink will employ a random lottery method in order to promote fair and transparent distribution of the $PARA. Only the whitelisted addresses are allowed to participate in the IDO.