How to join $PELL IDO Launch on xLaunchpad
🚀 The $PELL token is launching on @xLaunchpadApp!
KYC & Snapshots are now live, and there are multiple ways to unlock lottery tickets — whether you’re restaking assets on Pell, staking $EGLD, or holding assets in your wallet.
Plus, if you’ve deposited over 50 USDT (or approximately 0.0005 BTC) on Pell before, you’re eligible to buy up to 6 lottery tickets for the IDO! https://app.pell.network/campaign-multiversx?id=16
Don’t miss this opportunity to participate.
How to join 👇
1️⃣ xLaunchpad has been recognized as one of the top 7 IDOs of 2024, by Coinpaper.
The launchpad is renowned for its highly engaging community-driven launch events, which significantly boost project exposure. In addition to providing mentorship, resources, and networking support, it has achieved remarkable success: all IDOs launched to date have sold out and been oversubscribed. This track record has earned it the #3 spot among Web3 launchpads, ranked by ATH ROI.
xLaunchpad, powered by @MultiversX, one of the most secure and scalable L1 blockchains, offers a straightforward lottery-based participation system. Users stake or hold EGLD (MultiversX’s currency) during the snapshot period or engage in other activities to unlock lottery tickets.
In the ticket-buying phase, users purchase tickets with EGLD. Afterward, results reveal winning and non-winning tickets. Winning tickets grant tokens, while EGLD from non-winning tickets is refunded.
The KYC & Snapshots period is live, read more on how to participate. 👇
2️⃣ KYC — Verify Your Identity
- KYC is exclusively done via @xPortalApp on the xLaunchpad page.
- Only KYC-verified addresses are eligible to buy tickets.
Steps to Complete KYC:
- Log in to xLaunchpad (https://xlaunchpad.com/pell) using your xPortal account.
- Click “Start KYC” and follow the on-screen instructions.
✅ Once verified, you’re ready to participate!
📅 KYC Deadline: 26 Jan
💡 Full KYC Guides:
• EEA Users: https://help.xportal.com/en/articles/8836930-eea-user-kyc-guide
• Non-EEA Users: https://help.xportal.com/en/articles/8834517-non-eea-user-kyc-guide
3️⃣ Snapshots — How It Works
- Snapshots are random daily checks of your staked or held $EGLD balance as well as your @xExchangeApp Energy Level during 13–20 Jan.
- Your average balance across these snapshots determines the number of lottery tickets you unlock.
Ways to Earn Tickets:
- Stake EGLD: Stake up to 500 $EGLD (Legacy or Liquid) to unlock up to 64 tickets.
- Hold EGLD: Hold $EGLD in your KYC’ed wallet to unlock up to 16 tickets.
- xMEX Energy League: Earn tickets based on your @xExchangeApp Energy Tier (up to 64 tickets).
Example: Stake 25 #EGLD consistently over the snapshot period = 16 tickets unlocked.
Besides the staking/holding requirements, there are other ways to unlock tickets like Challenges Portal, Creators Program and xPortal Streaks. More details on the launchpad page.
4️⃣ Special Channel for Pell Stakers!
If you’ve deposited over 50 USDT (or approximately 0.0005 BTC) on Pell before, you are eligible to buy 6 lottery tickets for the Pell Network IDO on xLaunchpad!
To participate:
- Log in your Pell account with your wallet at campaign link (live at 2:30AM 17/Jan)
- Install and bind your MultiversX wallet to your Pell account.
- Complete the requirements before January 25th, and you are eligible to buy up to 6 lottery tickets!
5️⃣ Additional Details
🎟 Each ticket costs $47.6 (paid in EGLD) and offers a chance to win 2,000 $PELL tokens.
🔄 Non-winning tickets are fully refunded after the draw — no-loss lottery!
Secure your spot in the Pell Network launch: Complete KYC and start staking now!
🔗 Get started: https://xlaunchpad.com/pell
About Pell :
Pell: The First & Omnichain BTC Restaking Network, extending BTCFi into the cryptoeconomic security domain and fully unlocking Bitcoin’s potential.
Your support is greatly appreciated 💙
Learn more about Pell Network:https://pell.network/
Follow us on Twitter:https://x.com/Pell_Network
Join Pell Discord:https://discord.com/invite/pell-network
Join Pell Telegram:https://t.me/Pell_Network