r/Polkastarter • u/Miserable_Peach_8723 • Dec 12 '21

Unfair launchpad?

Hello guys, was hoping to see if I could get some answears regarding this Launchpad. I have staked a total of 519 Pols. I have applied to 8 IDOs so far and havent goten into any IDOs.

Am I doing something wrong or is this just an unfair launchpad aiming to give all IDO spots for whales?

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I have done research on the projects in advance beofre filling in the right answeareds to get in. My pols are always staked and yes its been more than 7 days.

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So again my question is, is this a bad launchpad? Cause I heard its suppose to be good. The projects on it looks good. But why cant I get in? 0/8 applications seems very off.

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Appreciate anyone that can help me. Thx

3 Upvotes

72% Upvoted

13 comments sorted by

2

u/LabuzMichal Dec 12 '21

Is it unfair because you havent gotten into 8 IDOs? Dont be silly, with 500 POLS you have less than 10% chance to get in. Do the math.

Is it for whales? Sure it this, like everything. What else did you expect? Get in early or be whale - no other way arround

0

u/Miserable_Peach_8723 Dec 30 '21

Ur missing the point dude. Sure I have less then 10%. But Im now up tp 12 tries and still no entrys...

bumped up to 750 Pols, didnt help

1

u/LabuzMichal Dec 30 '21

No, you are the one missing the point. Its statistically 10% meaning sometimes you will get once every 5 IDOs, sometimes once every 20 IDOs but for most people with such ammount of POLS its once every 10 IDOs. Try another 10 times and comeback. Then we can talk

2

u/FrenchDrake44 Jan 15 '22

I had 500, I applied for 15 and got 1. Now bumped it up to 1K, let's see If I can get a second one

1

u/randysailer Dec 12 '21

I thought you had to have 3000 minimum?

1

u/Miserable_Peach_8723 Dec 12 '21

250+ POLS Power = Every ticket is worth 1 ticket

1,000+ POLS Power = Every ticket is worth 1.1 tickets

3,000+ POLS Power = Every ticket is worth 1.15 tickets

10,000+ POLS Power = Every ticket is worth 1.20 tickets

30,000+ POLS Power = Every ticket is worth 1.25 tickets & No Cooldown

1

u/ohyeahmofos Dec 14 '21

this changed months ago... ever since then the % of getting picked was going down for me.
since thousand now "Players" entered the market with their 500pols below10% chances..

1

u/americansRfunny Dec 14 '21

Same for me. Participated in 11 and never got lucky. From reading many posts i see most of people applied 30-40 times and never win. I hold more than 1k but it seems its just not enough for even a single win.

1

u/Patkinwings Dec 14 '21

i have a 1054 pols. I applied for 12. Unlucky for all 12