CitaDAO Docs
  • Overview
    • Introduction
      • Why bring IRL property on-chain?
      • What sets apart CitaDAO from past tokenization projects?
      • Who is CitaDAO for?
    • FAQ
      • FAQ (Listing Properties)
      • FAQ (Real Estate Tokens)
      • FAQ (Legal)
      • FAQ (Operations)
    • Roadmap
    • Tokenized Real Estate
      • 20SML0253
      • 18SML711
  • How IRO works
    • Overview
      • Conducting Due Diligence
    • Introducing Real Estate On-chain (IRO)
      • Committing Stablecoins
      • IRO Rewards
      • IRO Outcome
    • Operations
    • Buyouts
      • Redeeming the Title Deed
    • Primitives
      • Liquidity Primitives
      • Utility Primitives
      • Economic Primitives
  • IRO User Guide
    • Getting Ready
    • IRO User Guide
      • 1. Committing to the IRO
      • 2. IRO Outcome - Properties
        • IRO succeeded & What's next
        • IRO failed & What's next
    • FAQ - Troubleshooting
  • IRO Details
    • London Commercial Building IRO
    • Singapore Industrial Building IRO
      • Singapore
        • 20 Sin Ming Lane
        • 18 Sin Ming Lane
      • Market Comparable
    • Cardiff Commercial Building IRO
      • Cardiff City
      • Property Pricing
  • xKNIGHT Staking
    • What is Staking?
    • What is xKNIGHT?
    • Staking Guide
  • KNIGHT Yield Farming
    • What is Yield Farming?
    • Yield Farming Guide
  • RET YIELD FARMING
    • What is Yield Farming?
    • Yield Farming Guide
  • Tokens on CitaDAO
    • KNIGHT Token
      • CitaDAO Tokenomics
    • Real Estate Token (RET)
  • Security
    • Security at CitaDAO
  • Acronyms
  • Deployed Contracts
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  • Risk Disclosure Statement
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    • Contribute at CitaDAO
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On this page
  • Step 1: Connect your MetaMask Wallet
  • Step 2: Preparing $USDC for IRO commitment
  • Step 3: Understanding what conditions need to be met for a successful IRO
  • Softcap and Hardcap

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  1. IRO User Guide

Getting Ready

The following tutorial will guide you through choosing, understanding and participating in an IRO.

PreviousEconomic PrimitivesNextIRO User Guide

Last updated 3 years ago

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Step 1: Connect your MetaMask Wallet

As of now, the CitaDAO platform requires users to have a MetaMask wallet. Hence, we recommend getting to participate in the IRO.

Follow the instructions to download and get your MetaMask wallet fully set up.

Remember to never divulge your secret phrase to anyone else as this would compromise your wallet security.

Click 'Connect Wallet' as shown above.

Step 2: Preparing $USDC for IRO commitment

  • any Centralized Exchange (e.g., Coinbase, Binance, Gemini, FTX etc), or:

  • any Decentralized Exchange (e.g., Uniswap, Sushiswap etc).

Sending $USDC to your MetaMask wallet

  • If you are not sure on how to do so, please check the instructions from your centralized exchange for the withdrawal/sending process.

  • The withdrawal/sending process varies with each centralized exchange, so do keep this in mind when going through this step.

  • Only transfer using ERC20 as the CitaDAO platform is built on the Ethereum network.

  • To be able to view your USDC balance in your MetaMask wallet, you must import the USDC token into your MetaMask extension.

    Click on 'import tokens'.

  • Once the withdrawal/sending process is completed, open your MetaMask wallet to verify that your tokens were successfully transferred.

Step 3: Understanding what conditions need to be met for a successful IRO

Each IRO will have 2 targets:

  • Softcap

    -The Softcap is the minimum amount of commitment required for an IRO to be successful.

  • Hardcap

    -The Hardcap is the maximum amount of commitment an IRO can take in.

The IRO will be successful if it receives commitment equal to or above the Softcap.

Community members can still participate in the IRO even if the Softcap is reached to obtain the USDC reward. However, no further commitment can be made to the IRO once the commitment hits the Hardcap.

IMPORTANT: Before participating in an IRO, you must affirm that you are not located, incorporated, or a citizen or resident of the United States of America, the Republic of Seychelles, Bermuda, Burundi, Central African Republic, Democratic Republic of Congo, Eritrea, Guinea-Bissau, Libya, Mali, Palestine, Somalia, South Sudan, Western Sahara, Yemen, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, Sudan, or any state, country, or jurisdiction where it would be illegal according to applicable law for participation.

The upcoming IRO will ONLY accept $USDC () and you can obtain this through:

Under 'Custom Token', fill in the 'Token Contract Address' with and click 'Add Custom Token'.

Softcap and Hardcap

what is $USDC
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48
MetaMask
Connect your MetaMask Wallet
Property Details Page
Softcap and Hardcap