The FCFS mechanism
What is the FCFS Model?
The First Come, First Served (FCFS) Allocation Model is a newly introduced mechanism designed to democratize access to token sales, making them more accessible to a wider audience. This model enables users to purchase project tokens on a first-come, first-served basis, eliminating the requirement to stake GENE tokens.
Advantages of the FCFS Model
Lower Barrier to Entry
The FCFS model simplifies participation, making it easier for new users to engage in token sales. This inclusivity contributes significantly to user acquisition and onboarding.
Enhanced Capital Raising and Broader Token Distribution
By facilitating a more open and accessible sales process, the FCFS model aids in raising substantial capital for projects. Additionally, it ensures a wider distribution of tokens, thereby reaching a more diverse group of users.
Targeting New User Segments
Adopting the FCFS model allows Impossible to strategically attract new users within the expansive crypto ecosystem. This active approach broadens our reach and diversifies our user base.
Last updated