# Summary

IDOs are performed **on the BSC network** and **funded by BUSD**.

The usual timeline is:

* starts at **11:00am UTC**
* duration is 6 hours
* [FCFS round](https://docs.trustpad.io/trustpad-for-projects/ido/fcfs-round) starts 1 hour before the sale end
* [registration](https://docs.trustpad.io/trustpad-for-projects/ido/registration) opens 48 hours before the start

Please take a look at the list of questions we need you to answer to be listed on TrustPad: [required-pool-information](https://docs.trustpad.io/trustpad-for-projects/ido/required-pool-information "mention")

### Before the sale

* we confirm the date **T0** of the sale *(11:00am UTC)*
* you [provide information](https://docs.trustpad.io/trustpad-for-projects/ido/required-pool-information) and we create a pool page on [trustpad.io](https://trustpad.io)
* if requested, we create a whitelist competition **T-3 days** before the sale
* the registration opens **T-2 days** before the sale start
* TPAD stakers register to participate in the IDO
* registration closes **T-6 hours** before the sale start
* we draw and announce the whitelist and lottery winners
* we calculate the base allocation (we call it **1x**), determining how much each user can invest based on their level

### During the sale

* the sale opens for the confirmed duration *(6 hours)*
* registered stakers, whitelist and lottery winners must fund their guaranteed allocation for the next **5 hours**
* **the last hour** is for the FCFS round, when the remaining pool gets sold out in 1-2 minutes

### After the sale

* **the sale ends** as soon as the pool is sold out or when its end date is reached
* we give you the list of wallets and their allocations
* we send the raised **BUSD** funds **minus fee** to the specified **BSC** address
* you list the token and post an announcement in TG with contract details, links to trading platforms, charts
* we re-post the announcement post
* we/you distribute the tokens according to the plan (see [distribution](https://docs.trustpad.io/trustpad-for-projects/ido/distribution "mention"))


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