🎟️Upgrades
This page cover all aspects of the 'GA' and 'IA' upgrades, including how, when, and why to use them!
Last updated
This page cover all aspects of the 'GA' and 'IA' upgrades, including how, when, and why to use them!
Last updated
Guaranteed Allocation Upgrades (GAs) are specialized upgrades available on the Apes Capital investment platform, designed to enhance the investment experience for our investors. These upgrades are particularly useful for securing investment opportunities without the competitive pressure typically associated with some of the more lucrative opportunities we have to offer.
Guaranteed Allocations are essentially premium upgrades that investors can purchase using $APE tokens on our Investment platform. The primary function of these upgrades is to assure investors a reserved spot in an investment, particularly useful during highly competitive opportunities or for when Investors just need a bit of extra time to jump in and secure themselves and Investment allocation in a too-hot-to-miss opportunity.
GAs come into play during the "Pending" phase of an investment's lifecycle on the Apes Capital investment platform. By applying a GA upgrade to an investment during this phase, an investor secures a guaranteed position once the investment moves into the First Come First Serve (FCFS) phase.
Using a Guaranteed Allocation NFT reserves you an allocation up to your maximum contribution cap, with a $5,000 cap limit.
MAYC has a max allocation of $1,000, by using a GA upgrade, MAYC will be able to invest up to $1,000 within 24 hours of the investment going live.
BAYC has a max allocation of $5,000, by using a GA upgrade, BAYC will be able to invest up to $5,000 (the cap) within 24 hours of the investment going live.
Upon transitioning to the FCFS phase, investors who have utilized a GA enjoy a 24-hour exclusive window to contribute to the investment. This reservation period ensures that you do not need to compete with others to secure the investment slot.
Should you fail to make your contribution within this 24-hour window, the GA expires. This results in the loss of both the upgrade and the reserved investment slot, which then becomes available to other investors on the platform.
Apes Capital imposes a cap on the number of Gas available for purchase, introducing scarcity and exclusivity to this feature. The price of GAs are subject to market fluctuations.
Investors can purchase a Guaranteed Allocation upgrade for a cost. This cost is at the discretion of the Apes Capital team.
A notable feature of GAs is that they do not expire. The countdown for the 24-hour contribution window begins only when a GA is applied to a specific upcoming investment.
Read more here Using Upgrades
Investors can navigate over to the "UPGRADES' tab on the Apes Capital investment platform to purchase a Guaranteed Allocation assuming the availability
