IDO Guide and Details: KOLnet

4 min readApr 28, 2022

We are thrilled to bring you a new paradigm in crypto marketing, launching on the low fee, scalable Polygon network. KOLnet is a permissionless and revolutionary way of raising funds and building project awareness & momentum — introducing KOLnet’s Initial Marketing Offering (IMO).

KOL = Key Opinion Leader (influencer, ambassador, spokesman, thought leader)

Enter KOLnet

KOLnet is a Marketing Launchpad connecting projects to Micro KOLs by utilizing multichain token pools and Proof of Marketing.

This is a new way to raise funds through target marketing in which investors providing value will be able to participate. KOLnet is decentralizing marketing through a few easy processes:

A new project creates IMO and specify marketing targets on KOLnet and offers presale tokens from Strategic or private or at public price
KOLs join pools invest (filling project raise) and will complete the marketing on Youtube, Twitter, TikTok (wherever their sub base is)
KOLnet is connected via API to Social Media Platforms like Twitter and verifies automatically when the post has been completed (Proof of Marketing)
KOL can now claim tokens

Why KOLnet

KOLNet will be the first platform to offer this new IMO model filled with a plethora of marketing benefits such as higher engagement, targeted audiences, higher conversion rates, lower costs and authentic interactions to boost the visibility and results for every project that chooses this path.

Learn more about KOLnet:

Check out our partnership announcement detailing KOLnet here
Learn more about KOLnet and their benefits here

The $KOL Token

$KOL is the multi utility token of the KOLnet platform, some of the benefits of holding it are:

Getting early access to project pools in high demand
Investors staking $KOL tokens will earn rewards from the shared pool of presale tokens
Projects holding $KOL will get access to advanced features involving performance marketing
Access to KOL IMO services

$KOLnet IDO Overview

This will be another Forge IDO, visit here for the full forge details & guide

⛓️ Network: Polygon
🗓 Date: May 03, 2022
🗺 Location: app.thorstarter.org
💰 Raise: $300,000 USDC
💱 Price: 0.012$ USDC per $KOL token
Vesting: 10% on TGE (may 14), 30% per month over 3 months (1% per day)

We look forward to offering $KOL to our community and helping them gain traction.

Skal

Participating in a Thorstarter Sale

PRE IDO

Buy XRUNE (Fantom) on SpookySwap (0xe1e6b01ae86ad82b1f1b4eb413b219ac32e17bf6)

Connect (on Fantom) to our app and deposit your XRUNE in our Forge — Based on how much you deposit in Forge, you will get an allocation multiplier for the IDO:

2,500 XRUNE = Tier 1–1x Allocation Multiplier
7,500 XRUNE = Tier 2–3x Allocation Multiplier
25,000 XRUNE = Tier 3–10x Allocation Multiplier
50,000 XRUNE = Tier 4–20x Allocation Multiplier
100,000 XRUNE = Tier 5–40x Allocation Multiplier,

This means that you are eligible for some multiple of a given sale’s base allocation

Once your XRUNE is locked in Forge, granting you access to our sales, participation is a two-step process:

1. Registration

Before the sale, you will need to “Register Interest” in our app to reserve your spot.

Registration is open until 2 hours before the sale. Make sure to Register with your wallet that is Staked in Forge (or Tiers for those not in Forge)

You will then be prompted to Enter your Polygon address you will use on IDO Claim day

2. IDO Day

On Sale Day, go to our app, connect your wallet, and claim the tokens you registered for.

We look forward to offering $KOL to our community and helping them gain traction.

SKAL frens!

About Thorstarter

Thorstarter is a first-of-its-kind platform: a hybrid IDO launchpad meets decentralized investment DAO. TS functions as a decentralized VC firm offering an array of services to partner projects. From investing in promising projects, to helping them market and build community, to performing their token launches in the Thorstarter app, Thorstarter is a premium, full-suite incubation and launch solution.

Thorstarter community members have the chance to invest alongside the Thorstarter treasury by entering Thorstarter Tiers with the $XRUNE token.

Thorstarter currently launches projects on THORChain, ETH, Terra, Fantom, and Polygon, with further chain expansions (such as Solana) happening in 2022.

Please note. The sale is only open to non-U.S. persons and entities. In addition, the sale is not and will not be offered or sold, directly or indirectly, to any person who is a resident, organized, or located in any country or territory subject to OFAC comprehensive sanctions programs from time to time, including Cuba, Crimea region of Ukraine, Democratic people’s Republic of Korea, Iran, Syria, any person found on the OFAC specially designated nationals, blocked person list, any other consolidated prohibited person list as determined by any applicable governmental authority.