Alvara x Tenset IDO: How to Participate

Alvara Protocol
2 min readFeb 20, 2024

Here’s everything you need to know about the upcoming Tenset IDO and much-anticipated listing of the $ALVA token.

How to participate:

Eligibility Criteria: To participate in the Alvara IDO, you must have either a TGLP subscription (Tenset Gem LaunchPad) or a Tenset NFT.

Options for Participation:

  1. TGLP Subscription: Stake 5,000 $10SET tokens for 1 year to gain access to the Alvara IDO but also to all Tenset gems launched during the 1-year period.
  2. Tenset NFT: Purchase a Tenset NFT (valued at around 2 ETH) to unlock lifetime access to all gems/projects, along with additional perks and bonuses.

Connect with Us: Don’t miss out on this opportunity to be part of the Alvara revolution. Join the Tenset group chat for any questions or queries about entering the Alvara IDO: Tenset Group Chat.

For more detailed information about Alvara Protocol, join our Telegram.

Alternatively: If you prefer to wait, mark your calendars for our official launch on March 4th! 🚀

Important Dates for Alvara Launch:

📅 February 25 — Snapshot of eligible TGLP subscribers/NFT holders. Deadline for new subscribers or delegation of wallets for IDO.
📅 February 26 — Round 1 of IDO begins. Open for 24 hours, guaranteed allocation for TGLP users.
📅 February 27 — Round 2 IDO begins, for unsold tokens. First come, first served.
📅 March 4 — Official ALVA token listing on Uniswap.

ALVA IDO Details:

  • Total supply: 200 million tokens
  • 8 million tokens for TGLP (4% of supply)
  • 0.3 USDT per token in TGLP round
  • 25% of tokens unlocked at TGE
  • Remaining 75% unlocks monthly for 3 months
  • Total raise: 2,400,000 USDT
  • 7-day claim-back policy will be enabled

The Alvara community is thriving — get involved!

About Alvara Protocol

The Alvara Protocol is a decentralized platform that utilizes the ERC-BTS (Basket Token Standard) to create and manage funds on the blockchain. Alvara offers a comprehensive fund Factory and Marketplace, with a transparent leaderboard showcasing the performance of every BTS created. ALVA and veALVA tokens assume crucial roles in driving the ecosystem’s growth and governance with veALVA holders wielding significant influence over the substantial ALVA reward stream. Removing traditional barriers, Alvara fosters a democratic meritocracy in crypto investing, enabling full lifecycle fund management, from creation to ownership transfer, within its seamless framework.

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