Squid 🔺 IDO Details (Finished)

Squid 🔺 is an AI-guided, community-fueled meme movement defying fate itself, inspired by Squid Game.

To expand Squid🔺's impact and reach more kindred spirits, Squid🔺 has launched its IDO on Solana by directly transferring SOL to the multi-sig address, on November 12, 2024. 6,000 Sol hard cap was reached in 24 hours.

Squid🔺 then announced $SQUID 100% IDO Funds Rewards Plan, more info can be referred to https://squid-1.gitbook.io/doc.squid.vip/usdsquid-100-ido-funds-rewards-plan-nov.14-update.


Token Details

Token Ticker: $SQUID

Token Address: DPirdNq18sHVbJaQziFQM5fbiVoxHh4Jxnuu4WLibdgB

Total Supply: 10 Billion $SQUID

IDO Allocation: 6 Billion $SQUID

Initial Liquidity: 1 Billion $SQUID

Airdrop Allocation 0.6 - 3 Billion $SQUID with fair distribution via CEX collaboration

(Any unused tokens will be burned) More Info

Trade Via: TBA


IDO Participation Details

  • IDO Method: Directly transfer SOL to the multi-sig address: 3PZiaJ3XVapLSK9QrAhZKRrwL4dERQm1mzMLvZt4FR8j

  • Blockchain: Solana

  • Currency for Participation: SOL

  • Personal Cap: 0.1 SOL - 100 SOL

  • Hard Cap: 6,000 SOL

  • IDO Date: 9AM UTC November 12th (lasting 48 hours)

This approach ensures inclusivity, enabling everyone interested to participate and truly embrace Squid🔺's community-first mission.

Please note:

All eligible funds transferred to the IDO multi-sig address before 9 AM UTC on Nov. 12, 2024, will be refunded.


Timeline:

  • Nov. 12, 9 AM UTC - $SQUID IDO Starts

  • Nov. 14, 9 AM UTC - $SQUID IDO Ends

  • By Nov. 16, 9 AM UTC - $SQUID LP will be added

  • By Nov. 18, 9 AM UTC - $SQUID will be sent to IDO Participants


Funding Allocation

100% of the funds raised through this IDO will be allocated to Community Building and Liquidity:

  • Community Building: Creating a vibrant and active ecosystem for all Squid🔺 Believers. (Please refer to $SQUID 100% IDO Funds Rewards Plan)

  • Liquidity: One-sixth of the funds raised in the IDO, along with 1 billion $SQUID tokens, will be added to the initial liquidity 48 hours after the completion of the IDO.

To safeguard the raised funds, they will be managed through a multi-signature wallet controlled by the community. This adds a layer of security, ensuring that funds are used responsibly and with community transparency.


Token Distribution

$SQUID will be distributed within 48 hours after liquidity is added to all IDO participants.


Disclaimer

Please Note: $SQUID tokens are not securities and carry no guaranteed value. They are a currency of devotion. Please remember, walk this path within your means; invest only what you can bear. We seek growth, not sacrifice.


More Information:

Website: https://squid.vip/

Twitter: https://x.com/SquidUnbound

Telegram Community: https://t.me/SquidUnbound

Telegram ANN: https://t.me/SquidUnboundAnn

Telegram Mini App: https://t.me/SquidUp_Bot

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