# IDO / INO

BeraLaunch Tier level holders are able to invest in Initial Decentralized Offerings (IDOs). In addition to facilitating IDO fundraising deals, BeraLaunch supports startups post-IDO, assisting with liquidity, staking and farming pools, token competitions, tech advisory, and marketing. 

### Participation

All Tier levels have access to IDO deals.

### Deal States

<mark style="color:orange;">**Upcoming**</mark>\
An agreement between BeraLaunch and the project has been finalized. Investors can now apply for an allocation, complete with a bonus, at this stage. Simply clicking 'Join Deal' automatically whitelists the investor's wallet address for the start of the fundraising campaign. Investors can opt to join the deal using a [utility NFT (uNFT)](https://docs.beralaunch.com/tokenomics/unft).

<mark style="color:green;">**Deal States - Live Tier Level**</mark>\
The fundraising campaign has started, granting investors who applied during the "Upcoming" period a bonus allocation. Investors joining during this stage will not get a bonus allocation and can only invest in the FCFS stage.

<mark style="color:green;">**Deal States - Live FCFS (First Come First Serve)**</mark>\
In the event of not selling out during the Tier Level stage, the unsold allocations will be sold at FCFS without a limit.

<mark style="color:red;">**Ended**</mark>\
The fundraising allocation has been sold out or the investment window has closed. Investments are now accessible in the BeraFolio vesting portal.

### Community Protection Plan

The community protection plan is active for 24 hours on scheduled TGE, or 30 days for delayed TGEs.

[How to activate the Community Protection Plan?](https://docs.beralaunch.com/faq/beralaunch-app/BeraFolio/refund)