IFO
What’s the difference between a Public Sale and Private Sale?
In the new IFO 3.1 format. There is a brand new Private Sale. To participate, participants will have to meet certain requirements presented on the IFO card. Each eligible participant will be able to commit any amount of PCH up to the maximum commit limit, which is published along with the IFO voting proposal. The Private Sale has no participation fee.
In the Public Sale, everyone with an active FTZEX profile can commit. However the maximum amount of PCH user can commit, is equal to the average PCH balance in the IFO PCH pool prior to the IFO. And there’s a fee for participation: see below
 
Which sale should I commit to? Can I do both?
You can choose one or both at the same time!
We recommend you to check if you are eligible to participate in the Private Sale first. In the Public Sale, if the amount you commit is too small, you may not receive a meaningful amount of IFO PCH tokens.
Just remember you need an active FTZEX Profile in order to participate.
 
How much is the participation fee?
There’s only a participation fee for the Public Sale: there’s no fee for the Private Sale.
The fee will start at 1%.
The 1% participation fee decreases in cliffs, based on the percentage of overflow from the “Public Sale” portion of the IFO.
 
Where does the participation fee go?
The PCH from the participation fee will be circulated into the NFT exchange and online shopping in the Worldwide Free Trade Zone Network.
 
How can I get an achievement for participating in the IFO?
You need to contribute a minimum of about 10 PCH to either sale.
You can contribute to one or both, it doesn’t matter: only your overall contribution is counted for the achievement.