The Mumubit Cross Chain Token Claiming Process for IDO Investors

Mumubit IDO has cross chain support, which fund raising and IDO token are on different chains. We have just successfully launched our first IDO project King of Evolution (KOE), which is in such category. KOE fund raising was conducted on Eth main net, where KOE tokens will be issued on Ton network. Here is the instruction for the token claiming procedure for KOE and similar tokens in the same category.

Step 1: Token Claiming

Token can be claimed within 24 hours before listing. Please connect your Ton wallet at the claim page. Token will be claimed to your submitted Ton wallet in the Token Claiming Period. You have 72 hours after listing before Refunding period.

Please Note: If you have claimed your token out of mumubit to your wallet, you cannot refund any more. If you decide to refund your token, please keep your IDO token inside the smart contract and wait until the Token Refunding period in Step 2.

Step 2: Token Refunding

After token claiming count down ends, you have 24 hours to refund your IDO investment. Within this 24 hours you are not able to claim your token any more.

The above two steps are considered as Investor Protection Period.

Step 3: Withdraw Remain Tokens in the Smart Contract

When Token Refunding Peroid ends, all the IDO fund and refunded IDO tokens will be transferred to the IDO project team. If you haven’t claimed your token and refunded your fund in the previous two steps, you can claim your token out of the smart contract at any convinient time.

Thank you very much!