xIDO Model

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xIDO Model
Project launches have been a popular target for bad actors. Launchpads have taken steps to protect users, largely  by implementing defensive strategies and systems. Still, each launch format has its own set of vulnerabilities. Ensuring that bots and attackers can’t steal value from interested investors will be an ongoing effort for the Thorstarter team, and one conducted in line with feedback from projects and investors.
Projects launching on Thorstarter will have the flexibility to choose from several different launch models. This will allow them to optimize for a token distribution that is most suitable for their project and community. This will be referred to as xIDO, reflecting the flexibility available when using XRUNE as part of project launches. 
In addition, there are many customizations and features available on Thorstarter:
Fixed Price Crowdsale. Sale participants would be given allocations of tokens at a specific price, which they can claim until all tokens in the crowdale are sold out.
Dynamic Price Auction. Token price changes based on certain parameters. A common dynamic price auction format is the Dutch Auction, where token price starts high then deceases over time and weighted to demand.
Pool Share. Projects would allocate a fixed number of tokens to the sale pool, and a set amount of contributions in a contribution pool. The token price would be calculated at the end of the sale based on the each participant’s contribution relative to the total contribution pool.
Limited Supply vs. Elastic Supply. The standard launch model is to have a limited supply of tokens; however, projects may wish to have an elastic token supply and could implement this using 
Minimum Purchase vs. Max Purchase. Simple parameter for keeping allocations within a specific range. Note that different purchase amounts could have different prices, set by the project (ie, larger contributions would pay more, letting users speculate on ROI vs size of investment, and would have a similar effect to THORChain's slip-based fee#).
Open vs. Gated Tiers.
Limited to XRUNE holders, and/or;
Limited to whitelisted investors, and/or;
Limited to whitelisted investor, capped, selected by lottery, and/or;
Whitelist based on holders of a different token
Overflow Sale Method. Users put up as much capital as they want and get allocated token proportional to their share of the funds raised. All funds not used to purchase tokens are refunded.
Multiple Sales. Projects may wish to run two sales concurrently, or structure follow on sales in chronologically order. Token supplies for each sale could cater to different audiences, e.g. one with a low cap for smaller contributors and one for large whales but with a participation fee. 
Lock Ups and Vesting. Similar to the dynamic pricing models mentioned above, vested tokens allow different sale participants to speculate on the net present value of their tokens, relative to the future vesting date. This is a feature often sought by IDO projects, but not offered by most IDO platforms.
Development on these launch contracts is ongoing. We will be working closely with the first IDO projects to ensure their needs are met, and that the sale structure is clearly communicated to them and their communities. 
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