# 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:

![](https://119594124-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MPhJHq0eEmpg7Kzbs5O%2F-MSkArdueY2WzgiWwJpU%2F-MSkBEsBX-XG-MoscPpo%2Fg-04.png?alt=media\&token=51d86d39-bdb0-4827-ade5-10462634e4ad)

## 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.&#x20;

Of the 50 people who hold GUM, we are divided into 3 classes:

Top 1 - 15: X&#x20;

Top 16 - 30: Y&#x20;

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:&#x20;

* 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

&#x20;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.&#x20;

**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&#x20;
* Whitelist required&#x20;

**Note:** Gas war is required if IDO is on Ethereum.\
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