> For the complete documentation index, see [llms.txt](https://gourmetgalaxy.gitbook.io/gourmet-galaxy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gourmetgalaxy.gitbook.io/gourmet-galaxy/core-products/gum-pad/features-of-gumpad./gum-holder-offerings-gho.md). # GUM Holder Offerings (GHO) GUM Holder Offerings was originally inspired by DAO Maker SHO but with a little touch of Gourmet. Projects participating in GHO must go through 3 rounds: ![](/files/-MSkBEsBX-XG-MoscPpo) ## Round 1: Strategic Round The Strategic Round is open to angel investors who commit to bringing priceless value to the project. This is the area for those who will definitely get a chance to buy IDO on the GUM. Of the 50 people who hold GUM, we are divided into 3 classes: Top 1 - 15: X Top 16 - 30: Y Top 31 - 50: Z Each project will have different allocation. But we are sure that one thing that will never change is X> Y> Z Prerequisites: * The top 50 holders of GUM will make sure to buy IDO. * Each user's GUM balance will be recorded random time in a snapshot at 0:00 AM (UTC) each day during the 5-day period. Note: * Those in Round 1 should note that if within 24 hours before Round 2 and Round 3, you need to deposit money into the project's wallet address. Round 1 will close 3 hours in advance so that the project team has time to prepare for Round 2 and Round 3. * In case that those in Round 1 do not participate in IDO, the IDO purchases will be transferred to Round 2. * In case of missing round 1, the Top 50 holders still have the chance to join pool 2 completely. ## Round 2: Gum Holders Offerings This is the area for those who are make sure to be in the whitelist. Prerequisites: * The minimum amount of GUM needed to participate in Gum Holders Offering is 2,000. * If your total Liquidity Provider is more than $2000. **Note**: Gas war is required if IDO is on Ethereum. ## Round 3: Public Round This round will open for anyone who wishes to participate in the IDO. The rule for this round will depend on different projects. Prerequisites: * Lottery required * Whitelist required **Note:** Gas war is required if IDO is on Ethereum.\ \ \