What a project owner needs to know?

Before you create any project to your tokens, read the following remarks carefully, then follow the steps afterwards:

  1. Ink Whale provides 2 options for a launchpad project: non-KYC and KYC. If it is non-KYC project, users do not have to go through KYC process to buy tokens. On the contrary, if it is KYC project, all users will have to undergo KYC process, including whitelisted users before they can mint tokens.

  2. In a non-KYC project, you create phases either for whitelist or for both whitelist & public sale. Keep in mind that all vesting duration or vesting release period in a phase is the same for whitelisted or non-whitelisted users, so you will need to divide phases if you want different vesting duration for whitelisted and non-whitelisted users.

  3. In a KYC project, all users are treated as whitelisted users. After a user verify himself in the KYC process, he will need to wait for your approval. After you approve his KYC process, user's address will appear in the whitelist manager tool, and you will need to fill in the price & max amount of tokens that user can buy. So, a duration and manual management is required in between the time when an user KYC himself until he gets approved and is able to buy tokens.

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