# $f00d IDO Detailed Rules

By [openfoodie.eth](https://paragraph.com/@openfoodie) · 2023-06-13

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### Why Open Foodie and $f00d?

*   Tapping into the $10 billion BTC IP market.
    
*   Collaborating with renowned global artists to co-create innovative NFT concepts.
    
*   Seamlessly transitioning from Web2 to Web3 using advanced AIGC technology.
    
*   Partnering strategically with innovative food companies for co-branding initiatives.
    
*   Hosting global culinary events across 10 countries/cities.
    
*   **The earlier you enter, the greater the rewards** - don't miss out!
    
*   Most importantly, **WE under promise and over deliver**
    

The $f00d unifies Open Foodie BTC ecosystem, connecting artists, users, and partners. Its value increases as user engagement grows, further solidifying the relationship between the token and the brand.

![$f00d IDO Details](https://storage.googleapis.com/papyrus_images/89bf619f53cff44c6829d34a852dd6a3042834fb70afa78de0b69f90ea095843.png)

$f00d IDO Details

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### IDO Time and Duration

*   **Starting Time: TBA**
    
*   **Duration: 6H** advance for $f00d whitelist phase, followed by public sale.
    

### Platform Infomation

*   **Fundraising Token:** Using **Bitcoin** for contribution on Bitcoin network (BRC20)
    
*   **Platform:** [**Open Foodie Website**](https://openfoodie.io)
    

### Price & Release Schedule

*   **Price:** 0.002 BTC / 4200 $f00d or 0.00000048BTC / $f00d
    
*   **Total Token Supply:** 21 Million
    
*   **IDO Released Token Total Amount:** 50% - 10.5 Million
    

![$f00d Tokenomics](https://storage.googleapis.com/papyrus_images/2b09818934037f1892b3d8e56c7c40c082102ef10f14ac849a67ae7cca4fede7.png)

$f00d Tokenomics

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### What To Expect？

This IDO is not just about the Open Foodie BTC Ecosystem, but about each individual seeking a mass adoption chance in the Web3 field.

We have been through the toughest times, witnessing numerous failed and rug-pulled projects. **Yet, we continue to buidl.**

With the support of the Open Foodie community, we can confidently unfold a grander narrative.

This is a golden ticket to shape a new era.

**Hype from the Open Foodie!**

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**Explore for more:**

> Website: [https://openfoodie.io](https://openfoodie.io)
> 
> Twitter: [https://twitter.com/openfoodieNFT](https://twitter.com/openfoodieNFT)
> 
> Discord: [https://discord.com/invite/openfoodie](https://discord.com/invite/openfoodie)
> 
> Bitcoin Foodie Collection: [https://magiceden.io/ordinals/marketplace/bitcoin-foodie](https://magiceden.io/ordinals/marketplace/bitcoin-foodie)

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*Originally published on [openfoodie.eth](https://paragraph.com/@openfoodie/f00d-ido-detailed-rules-2)*