How to Participate in the Kima Network IDO?
Great news! The Kima Network allowlist is closing on Thursday, November 21, and the IDO is coming soon after, on November 25! There is still time to apply, but you need to act fast.
If you're unsure about the IDO process, we've got you covered. This blog breaks down all the essential details and offers a step-by-step guide to ensure a seamless participation experience. Keep reading!
Key IDO Metrics
Public Sale for $KIMA | |
Allowlist Closing & KYC Open Date | Thursday, November 21, 2:00pm UTC |
KYC Closing Date | Monday, November 25, 11:00am UTC |
IDO Date | Monday, November 25, 2:00pm UTC |
IDO Time | 2:00pm UTC - Guaranteed round 3:00pm UTC - FCFS round |
Token Ticker | $KIMA |
IDO Price | $0.214 |
Network of Contribution | Arbitrum |
Token Needed to Buy Allocation | $USDT on Arbitrum |
Token Needed to Pay for Gas | $ETH on Arbitrum |
Network of Distribution | Arbitrum |
Allocations | $250 - $1,500 (based on POLS Power tiers) |
Fundraising Goal | $250,000 |
Total Supply | 210,000,000 $KIMA |
Initial Circulating Supply (%) | 2.52% |
Initial Circulating Supply (incl. MM) | 5,288,421 $KIMA |
Initial Market Cap (incl. MM) | $1,131,722.05 |
Fully Diluted Valuation (FDV) | $45,000,000 |
Token Release Schedule | 15%, 1-month cliff, 9 months linear vesting |
Refund | For 7 days after the TGE |
Learn more about Kima IDO on the Project Page or in Tokenomics.
Allocations
The Kima IDO follows our standard allocation-per-tier system:
- Bronze Tier - 1,000 POLS Power - $250
- Silver Tier - 3,000 POLS Power - $500
- Golden Tier - 10,000 POLS Power - $750
- Platinum Tier - 30,000 POLS Power - $1,000
- Diamond Tier - 50,000 POLS Power - $1,500
- Community winners - $300
You can buy $KIMA up to your maximum allocation in one or multiple transactions. You can contribute less than your maximum allocation if you prefer. However, we recommend purchasing your tokens in one transaction so you can claim them all from a single allocation card.
Note: You have just one maximum allocation for the entire sale. If you contribute your full allocation in the guaranteed round (which is recommended), you won’t receive additional allocation in the FCFS round.
Sale Structure
The Kima Network IDO follows a guaranteed allocation flow:
- 2:00 PM UTC - Guaranteed Allocation phase: Users with "Allowlisted" application status on their Dashboards can buy up to their full allocation in one or multiple transactions.
- 3:00 PM UTC - First Come, First Served (FCFS) phase: Users with "Allowlisted FCFS" status can join the pool and buy up to their tier’s respective max allocation.
👉 For more information about the Guaranteed Allocation sales, visit our dedicated blog article here.
IDO Participation on the Arbitrum
To buy $KIMA tokens during the IDO, you’ll need $USDT stablecoins on the Arbitrum One chain. If you’re new to Arbitrum and Polkastarter sales, here are some useful links to get started:
👉 How to participate in a sale on the Arbitrum network
👉 How to add Arbitrum chain to Metamask
👉 Step-by-step IDO participation guide
💡 On the sale date, you can access the token sale pool on the Project Page.
Claiming Allocation
You can claim your $KIMA tokens from the Portfolio page on the Polkastarter website. Claiming will happen on Arbitrum, just like the sale.
15% of your total allocation will be unlocked on the token listing day (TGE). Follow Kima's social channels to learn all the details about the listing event. Later, after the one-month gap (cliff), you will be able to claim the remaining allocation in the form of linear vesting over 9 months, with new tokens unlocking every second.
Refund Policy: For 7 days after TGE, you can choose to either claim your tokens or request a refund. Both actions can be completed on the Portfolio page. Learn more about our refund policy here.
Where to Get Help?
If you have any questions, feel welcome to join our Telegram and Discord communities. Our dedicated team of moderators is available 24/7 to assist you. You can also browse through the FAQ on our Support Page. 🛟
About Kima Network
Kima Network bridges DeFi and TradFi with a secure, smart contract-free platform, enabling seamless tokenisation and trading of real-world assets. Supporting both EVM and non-EVM chains, Kima facilitates efficient cross-chain, cross-border transactions, unlocking access to a $280 trillion market while minimising security risks.
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About Polkastarter
Polkastarter is the leading early-stage fundraising protocol, enabling web3’s most innovative projects to kickstart their journey and grow their communities. Polkastarter allows its users to make research-based decisions to participate in high-potential public sales and be early to the future of web3.
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