Avalaunchapp KYC requires identity approval and a verified C-Chain wallet for IDO access

KYC prerequisites differ across participation routes

Avalanche node operators and GoGoPool minipool operators use different ownership checks within the same Validator Round.

Account creation and identity approval are separate requirements

The account record

Creating an account establishes the profile associated with the identity application. Avalaunch’s June 23, 2021 KYC instructions also require a phone number that can receive text messages for account registration. Account registration and sale registration describe different actions, even though both use the word registration. An existing account doesn’t establish that its holder has completed identity verification or enrolled in an offering.

Completed KYC

Submitting an identity application starts the check; the app confirms when verification is complete. Wallet verification remains a separate requirement, so neither a created account nor a signed wallet message replaces completed KYC.

Does wallet verification complete the identity check?

Wallet verification links a C-Chain address to the account; the participant still needs approval of the identity application. The documented verification flow uses a signed wallet message to establish that address association.

The address matters because round selection depends on the connected wallet’s eligibility. A verified account paired with an address that doesn’t satisfy the round’s conditions doesn’t establish access to that round.

Sale registration has its own opening and closing window

Completed KYC allows an otherwise eligible participant to register during an open registration window. It doesn’t enroll the account in every upcoming IDO; registration belongs to the individual sale.

Before registration closes

Participants must complete the applicable identity, wallet, and round requirements before registering during the advertised window. Missing that window prevents participation in that sale, even when the account has completed KYC.

The sale’s registration deadline remains relevant while an identity application is awaiting confirmation; submitting the application isn’t a substitute for registering.

Confirming the selected round

The standard registration choice permits either the Validator Round or the Staking Round for that sale. The interface offers only rounds for which the connected wallet qualifies. Once a participant confirms the choice, they can’t change it. They must also confirm the registration transaction.

Registering for the Staking Round also locks the participant’s total stake until the sale finishes. Identity approval alone doesn’t create that sale-registration lock.

Jurisdiction restrictions remain part of sale eligibility

Primary token-sale access requires an eligible jurisdiction as well as completed identity verification. Approval of identity information doesn’t override a geographical exclusion. The applicable sale conditions govern whether a participant may register; a past account approval alone can’t establish eligibility for every offering. Equally, the ability to stake XAVA for rewards doesn’t establish permission to enter a token sale.

Validators verify their operating role as well as identity

The Validator Round adds infrastructure ownership requirements to the account’s identity and wallet checks. Avalanche node operators and GoGoPool minipool operators provide different ownership evidence.

Avalanche network validators

A qualifying validator must own and operate an Avalanche network validator node and verify ownership alongside the C-Chain wallet. The validator node must be active during both registration and the sale. Identity approval alone doesn’t establish that continuing operating condition.

GoGoPool minipool operators

Avalaunch extended Validator Round eligibility to GoGoPool minipool operators on January 16, 2024. Operators verify minipool ownership during KYC and use the wallet associated with the minipool to connect and register. They don’t need to hold or stake XAVA for this route. Completing those checks precedes registration for an available sale.

The Staking Round requires deposited XAVA

Staking Round eligibility combines completed KYC with a verified C-Chain wallet and XAVA in allocation staking. Holding XAVA in a wallet doesn’t satisfy the staking requirement. The published eligibility rules set no minimum XAVA stake for this round, while still requiring the identity and wallet checks. A small stake therefore doesn’t create an exemption from KYC, and a large holding doesn’t replace verification.

Can sale automation replace KYC approval?

Sale automation doesn’t replace KYC approval, wallet verification, or the underlying round requirements. Auto-Buy automates purchasing a registered allocation during the sale window. The Booster Round permits qualifying stakers to opt into purchases from tokens that remain unsold after the earlier rounds.

Both features require AVAX funding to execute, with collateral and gas requirements separate from identity approval. To use Auto-Buy, enable it before the sale starts; you can’t disable it during the sale. Booster participants must opt in and deposit collateral and AVAX for gas before the IDO begins. Depositing AVAX for an automation establishes funding for that feature; it doesn’t establish an approved identity or a registered sale position.

The Booster Round depends on unsold supply, so an identity-approved account doesn’t automatically receive an extra purchase.

Reward staking doesn’t require IDO verification

Earning XAVA staking rewards doesn’t require KYC when the holder isn’t participating in a sale. Sale allocations are optional within allocation staking. Depositing XAVA can therefore serve a rewards-only purpose without creating an IDO registration.

A later decision to join an IDO brings its identity, wallet, jurisdiction, and registration requirements into play. The rewards exemption doesn’t extend to purchasing a primary-sale allocation.

Vesting purchases follow a different access rule

The Vesting Marketplace allows buyers to acquire rights to future tokens from supported positions without joining the original IDO. The rules introduced with its February 17, 2023 launch allowed marketplace purchases without KYC.

The purchased rights retain their release schedule; marketplace access doesn’t grant admission to a new IDO. Support began with the Deepwaters IDO in February 2023, and sales before Deepwaters aren’t supported.

KYC links an approved identity to the account and verified wallet

The KYC process associates an approved identity application with the account and its verified C-Chain address. That association is a personal-data consideration distinct from holding XAVA or connecting a wallet. Decide whether the intended activity requires sale eligibility before submitting identity information: reward staking and a new IDO purchase carry different verification requirements.

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