Subscription Model: Full User Guidelines
.png)
Introduction to Subscription Model
Starship introduces the Subscription Model, offering a flexible, user-friendly method for participants to commit to purchasing project tokens. With this model, you will commit a set amount of tokens ($C98) to register, and depending on the total committed amount with available token supply, you will either receive a full allocation or be sent back the part of your commitment in case of over-subscription. This provides a transparent and fair way for you to secure the allocation.
Key Points of the Subscription Model:
- Fixed Token Price: The token price remains fixed and is not affected by the total amount of committed funds.
- Hard Cap: If the total committed funds are less than the hard cap, users will receive a corresponding number of tokens based on their commitment.
- Over-subscription: If the committed funds exceed the available token supply, users will receive a proportional allocation of project tokens through Coin98 Vault and the excess amount will be automatically sent to your wallet 01 hour after sale ends.
- Commitment Process: Users commit tokens to register, and after the sale, they may receive any excess commitment.
Formula:
- If total commitment ≤ hard cap: Participants get full allocation.
- If total commitment > hard cap: Token allocation = (Individual commitment / Total commitment) × Total token supply.
Excess funds will be sent to you based on this proportion on Starship site.
Example for Token Allocation and Redemption Process
The following example will help you understand how the formula works in all the sales that applied subscription model.
Let's say the total amount raised is $50,000 ~ 500,000 C98, with a token price of 0.01 C98 and a total allocation of 50,000,000 $DEMO tokens.
For demonstration, let’s assume the total committed pool is 600,000 C98, which exceeds the hard cap of (over-subscribed). In this pool, Alice has committed 500 C98 and Bob has committed 6,000 C98. Alice and Bob will receive their $DEMO tokens based on their committed amounts as below:
- Alice (500 C98): Get 41,666 $DEMO = (500/600,000)*50,000,000
- Bob (6,000 C98): Get 500,000 $DEMO = (6,000/600,000)*50,000,000
For their excess C98, they will receive:
- Alice: Receive 83.34 C98 = 500-(41,666*0.01)
- Bob: Receive 1,000 C98 = 6,000-(500,000*0.01)
Note: If there is over-subscription, the system will automatically send you the excess funds 01 hour after the sale ends.
---
Full Step-by-Step Guidelines
Step 1: Log in Your KYC-ed OneID and Connect Wallet
Start by logging into your OneID account, ensuring that your KYC verification is fully completed.

Step 2: Commit Your $C98 and wait until sales ends
Once the sale starts, proceed to commit your C98 tokens for the project token. The sale will end, at which point the actual allocation will be calculated.
Note that your $C98 committed during the sale is not the final amount to acquire tokens in case of over-subscription. The final allocation will be concluded after the sale ends.

Step 3a: Claim project token when total subscription amount is under Hard Cap
In this case, participants who have committed will receive their full allocation based on their committed amount. The allocated tokens will be distributed through Coin98 Vault, following the project’s latest announcements.
Step 3b: Claim project token when total subscription amount exceeds Hard Cap (Over-subscription)
If total committed funds exceed the available token allocation, participants will receive their project tokens via Coin98 Vault, and any excess funds will be automatically sent to the wallet linked to their OneID — the same wallet used during the sale — within 1 hour after the sale ends.
Following the example of Alice and Bob above, the over-subscribed $C98 will be calculated and sent to you 01 hour after the sale ends.
Legal Disclaimers:
Cryptocurrency investment is subject to high risk. Please conduct your own research. Starship will spend a high amount of effort to do due diligence and select high-quality projects, but will not be responsible for your investment losses.
Cryptocurrency investment is subject to high risk. Please conduct your own research. Starship will spend a high amount of effort to do due diligence and select high-quality projects, but will not be responsible for your investment losses.