How to Prepare for the Matrix One IDO?

Get your Solana wallet ready before applying for the Matrix One allowlist

Polkastarter
Polkastarter

Solana has been gaining momentum. As we prepare the native Solana integration to be added to our fundraising stack, we are now ready to facilitate the sales for Solana-based projects using our airdrop feature!

In this blog, you will learn everything you need to know before applying for the Matrix One allowlistSpoiler: you will need a Solana wallet this time. ๐Ÿ‘€

Key IDO metrics

Public Sale for $MATRIX


Token Ticker

$MATRIX

IDO Price

$0.00160

Network of Contribution

BNB Chain

Token Needed to Buy Allocation

$USDT on BNB Chain

Token Needed to Pay for Gas

$BNB on BNB Chain

Network of Distribution

Solana (tokens will be airdropped)

Allocations

TBA, based on POLS Power tiers

Total Supply

10,000,000,000 $MATRIX

FDV

$16,000,000

Token Release Schedule

15% unlock at TGE, 1 month cliff and 5 months daily linear vesting 

Learn more about Matrix One IDO terms and conditions in their Tokenomics and on our Project Page.

How will the process unfold for the Matrix One IDO? 

Since Matrix One is building on Solana, this IDO will be a bit different from other IDOs in the past.

While contribution (buying allocation) will happen in $USDT on BNB Chain, you will receive the $MATRIX tokens purchased during the sale directly on Solana, thanks to our airdrop feature.

How to proceed? There are 3 steps you will need to take:

  1. Apply for the allowlist form with both your MetaMask and Solana wallets. Yes, you will need TWO SEPARATE WALLETS this time. If you donโ€™t have a Solana wallet yet, you can create one with the guide we provide below. 
  2. Join the sale on the BNB Chain with your standard $POLS-holding MetaMask wallet. The specific chain is yet to be decided, but you will only need to connect your MetaMask wallet for this part of the process. No need to connect your Solana wallet to our website.
  3. After successfully participating in the sale, your $MATRIX tokens will be automatically airdropped to the Solana wallet you provided in the allowlist form. No claiming step this time.
โš  We cannot stress it enough: you need to provide the correct wallet addresses under your custody (not the exchange wallets) in the allowlist form, for both your MetaMask and Solana wallets - there will be NO WAY to edit them after submitting your application. โš 

How to create a Solana wallet?

Just like with EVM-compatible wallets, there is a plethora of choices. You are welcome to do your own research and choose the one that suits you best. 

In this blog, we will guide you through the steps of creating the Phantom wallet, one of the most trusted and widely utilized Solana wallets available, and the one we recommend.

Step 1: Download the Phantom browser extension. 

You will find the Chrome extension directly here and the extensions for all other browsers on the Phantom website

Step 2: Create your brand new Solana wallet

Follow the steps on the Phantom website to get your wallet set up. Remember to save your seed phrase. Itโ€™s best to just write it down on paper and keep it in a theft and fire-secured place. 

And that's it! Your Solana wallet is now ready to use. ๐ŸŽ†

๐Ÿ“š You can read the detailed instructions from Phantom in their step-by-step guide here

๐Ÿ›Ÿ Do you have questions or need further support? We are here for you. Connect with us on Telegram or Discord.

๐Ÿ‘‰ Now that your Solana wallet is all set, it's time to apply for the Matrix One allowlist! You can learn more about the project and apply here.


About Matrix One
Matrix One is a decentralized Solana-based AI protocol designed to democratize the creation and ownership of AI-powered characters. It offers tools for developers to craft, modify, and deploy human-like AI characters across various applications, including gaming, education, and customer service. Matrix One aims to enhance digital interactions by making AI characters immersive, accessible, and interoperable.

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About Polkastarter
Polkastarter is the leading early-stage fundraising protocol, enabling web3โ€™s most innovative projects to kick-start 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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IDO