# Presale/IDO Details

**Presale**

* Amount Token: **100,000,000 $MTK** - 20% of Total Supply
* Softcap: **500 BNB** 
* Hardcap: **2000 BNB**
* Max Spend Per Account = **20 BNB**
* IDO rate: **0.00002BNB/1MTK**
* Pancakeswap listing rate: **0.0002BNB/1MTK**
* Link for the Pre-sale: <https://metakings.ai/buy>

**Round 1:** Started on **December 8th** ends on **23rd December.**

**Initial Liquidity Offering 1 (IDO 1)**

* Amount Token: **100,000,000 $MTK** - 20% of Total Supply
* Softcap: **500 BNB**&#x20;
* Hardcap: **2000 BNB**
* Max Spend Per Account = **25 BNB**
* IDO rate: **0.00003BNB/1MTK**
* Pancakeswap listing rate: **0.0002BNB/1MTK**
* Link for the Pre-sale: <https://metakings.ai/buy>

**IDO Round 1:** Started on **December 23rd** ends **January 22nd.**\
\
**Initial Liquidity Offering 2 (IDO 2)**

* Amount Token: **100,000,000 $MTK** - 20% of Total Supply
* Softcap: **500 BNB**&#x20;
* Hardcap: **2000 BNB**
* Max Spend Per Account = **25 BNB**
* IDO rate: **0.00004BNB/1MTK**
* Pancakeswap listing rate: **0.0002BNB/1MTK**
* Link for the Pre-sale: <https://metakings.ai/buy>

**Round 1:** Started on **January 22nd** ends **February 23rd.**

## Mechanism :gear:&#x20;

You'll be able to participate by taking place in one of the 3 rounds as explained below:&#x20;

| Round | Length/start/end                                                                                        | Requirements for participation |
| ----- | ------------------------------------------------------------------------------------------------------- | ------------------------------ |
| 0     | <p>Starts 2 hours after IDO creation. </p><p>Lasts until 10 minutes before round 1 starts.</p>          | Hold 2000 $MTK tokens          |
| 1     | <p>Starts as per start date & time specified by the IDO creator.</p><p>Lasts for 2 hours\*\*.</p>       | Hold 1000 $MTK tokens          |
| 2     | <p>Starts 2 hours after round 1 started\*\*.</p><p>Lasts until end block specified by IDO creator. </p> | None                           |

## How to buy? :gear:  <a href="#id-1e2b" id="id-1e2b"></a>

**Step 1:** Access to [IDO Link](https://metakings.ai/buy)

**Step 2:** Connect your wallet

**Step 3:** Enter the amount of BNB you want to buy $MTK

**Step 4:** Click **"Purchase"** and Confirm your transaction.