Announcing the Community Choice ITO — O3 Swap (Closed)

5 min readMay 11, 2021

The community voting for O3 Swap ITO was officially concluded. The voting started at 10:00am, May 8th (UTC) and ended at 22:00pm May 10th (UTC), which lasted for 36 hours. A total of 886 addresses have voted, with the total votes of 403.62k (“Yes”- 403.26k, “No”- 360.89), breaking the record of Community Choice Voting history. According to our voting mechanism of ITO community choice, O3 Swap has passed the voting and will go into ITO launch.

Details of O3 Swap ITO:

Ticker: $O3
Price: $1
Quote Tokens: $USDC, $USDT
Unlock Time: 14:15 pm May 14th, UTC

Round 1

Offering Value: $150,000
Limit per address: $700
Start time: 6:00 am May 13th, UTC
End Time: 7:00 am May 13th, UTC
Requirement: $MASK balance at snapshot: ≥ 1,000

Round 2

Offering Value: $250,000
Limit per address: $650
Start time: 10:00 am May 13th, UTC
End Time: 11:00 am May 13th, UTC
Requirement: $MASK balance at snapshot: ≥ 500

Round 3

Offering Value: $200,000
Limit per address: $350
Start time: 12:00 pm May 13th, UTC
End Time: 13:00 pm May 13th, UTC
Requirement: $MASK balance required to participate (no snapshot): ≥ 150

Notes:

We recommend connecting MetaMask to participate in ITO;
ITO entrance will be released by the O3 Swap’s official Twitter account @O3_Labs before the ITO start time;
You can participate in all three rounds of ITO as long as you meet $MASK holder requirements. Snapshot of the $MASK balance for Round 1&2 of ITO was taken at 22:00 pm May 9th, UTC (Block: 12402729);
If $O3 in the former round is not fully sold out, the rest of $O3 will be added to the next round of ITO. Each round of ITO will last 1 hour.
The amount of the whitelist addresses (added from the event O3 Labs launched) will be 60. Addresses in the list could participate in all three rounds of ITO without further $MASK balance requirement.
O3 Swap has the right to reject the bot addresses when whitelisting.
All the addresses which voted for “Yes” will have the chance to receive $O3 airdrops, the details will be announced later.
Random factors will be added to the Round 3 of ITO to make bots less competitive.
The right of final interpretation reserves to O3 Swap and Mask Network.

About O3 Swap

O3 Swap, a cross-chain aggregation protocol incubated by O3 Labs allows the free exchange of major assets and aggregates multi-chain DEX liquidity through cross-chain interaction on Ethereum, Binance Smart Chain, Huobi ECO Chain, Neo, and creditworthy layer 2 projects. DeFi users can easily enable cross-chain transactions with one click.

O3 Swap has successfully completed the funding round of $2m with participation from NGC Ventures, OKEx Blockdream Ventures, SevenX Ventures, FBG Ventures, Neo Eco Fund, BTC12 Capital, Incuba Alpha Labs, Moonwhale Ventures, Puzzle Ventures.

How to participate in ITO

*All screenshots are for reference only.

How to create your Mask account?

1.1 Download

Download and install Mask Network at http://mask.io.
You can also search Mask Network in the Chrome or Firefox extension store.

1.2 Onboarding

New users can follow the instructions to setup.

Create a new persona.
Click “Connect with a Twitter account”.

Mask will redirect to the Twitter page and detect your username.
Confirm your username and click “Connect to twitter.com”.
Now you can say Hi to your friends! Click “Compose Encrypted Post” and choose who can decrypt your post.

1.3 Set up Wallet

Mask will automatically create a new wallet address for new users.

Click the blue “Mask” button on the top right corner.
Click “Enter Dashboard”.
Click “Wallets” to view your wallet. Remember to backup!

1.3.1 Change Wallets

Method 1:

Click the “Mask” button on the top right corner.
Click “Enter Dashboard”.
Click “Wallets”.
Click the existing wallet address.
Click “Change” to connect with your daily wallet. (Now supports MetaMask and WalletConnect)