TokenInsight news, at 22:00 pm on August 29th, Beijing time, IDO platform Apollo-X opened the IDO whitelist registration for the GameFi project Star Atlas on the Solana chain. Since IDO adopts a first-come, first-served approach, users who join the whitelist will be guaranteed to get a certain share of Star Atlas's native tokens $ATLAS and $POLIS. A large number of users who participated in the pledge flooded in when the whitelist is open, leading to Apollo-X crash. According to statistics from the platform, a total of 5,259 IDO users participated in the pledge this time, and a total of more than 16 million US dollars worth of native token $PAID was pledged. This morning, Apollo-X published an article called an apology for this technical failure, stating that the cause of the failure has been diagnosed, and a compensation plan for this failure is proposed: -Provide an IDO quota of US$14 per person to all 5,259 users who participated in the pledge; -The number of subscription coupons for the exclusive token pool prepared for holders of Star Atlas posters has been increased to US$25.8. Previously, each subscription coupon corresponds to an IDO quota of US$12.25.Source
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