How to participate to the RedPulse ICO step by step for beginners

in #blockchain7 years ago (edited)

Thanks to steemit I saved some neos in transaction fees, if you don t know what I m talking about or if you want to learn more about that ICO read more.

If you want to surf on the hype wave, red-pulse is the first NEO ico you are in the good place, sorry for my chinese american and singaporian crypto enthusiastics tho it is not open to you. Ok then first go get your NEO on bittrex that is the easy part

STEP 1 :
Go get your neon wallet here https://github.com/CityOfZion/neon-wallet/releases , install , launch, create a new wallet and save the private key as usual don t loose it, you would loose access to your funds and don t share it to people they would be able to steal you.

STEP 2 :
Once in your wallet you can see your transactions, your balance and your gas, bittrex doesn t give you gas but while your funds wait you get rewards, you can calculate what bittrex is stealing from you here , https://neotogas.com/ but it s around 5% yearly.
There is a tricky part to withdraw from bittrex as mentioned here , the bittrex form require an integer so if you try to cash out 10 neo you would have only 9 coming to your neon wallet. Try to add manually the 0.025 gas , still a fail and you loose 1.025 instead of 1 neo.
You need to withdraw your amount of neo +025000001 so [RoundNumberOfNeo]+025000001 so last example for 10 neo enter 10.025000001 in the form to get 10 neo on your neon wallet.

Also you might want to consider add another 0.025000001 for the way back :) ( just saved you a lambo there )

STEP3 :
Go visit the redpulse website https://coin.red-pulse.com/#ico then jump on to the KYC part https://coin.red-pulse.com/kyc/ and fill the form. Prepare a picture of your government ID or passport and use your wallet key ( the public one please ! )

STEP4 :
Wait ....
I am quoting their website here "If there are any issues with your submission, we will contact you. If you are not contacted by us, then there were no issues with your submission and it has been approved.
Those who have been approved will receive an email approximately one hour before the RPX crowdsale is set to begin, with the contribution wallet address and the maximum NEO contribution, as calculated by USD 50,000 / [USD/NEO rate].

STEP5:
On september 10, ann hour before the ICO starts they will reveal the neo address matching this AQcxz************************rFX6y , send your coins and wait for your redpulse token don t forget first served, the crowdsale will last 2 weeks but keep in mind the bonus structure as
1st day : 30%
day 2-3: 20%
day 4-7: 10%

I wish you good luck if you are participating, hope it has been usefull .

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