Business goals
SQD Network pulls in all the data from over 150+ blockchain networks and rapidly retrieves data including transactions, logs, traces, and state diffs in batches, without big fees.
They wanted to ensure that they could hit their raise target during their initial token sale
Results
$6.5M funding raised in 19 minutes, the fastest token sale in CoinList history.
Solution
SQD’s allowlist for token pre-sale, feat. cover page and form body.
SQD needed a process to ensure that the people who could buy their tokens were dedicated community fans with real purchasing power.
To get there, SQD partnered with DeForm to curate the most powerful allowlist of engaged community fans, influencers, and high net worth individuals by using a combination of verified wallet, X, and Discord data.
Here are the different DeForm Forms features that SQD used:
Goal | Features | Outcome |
|---|---|---|
Guarantee that allowlisted wallets are real and have purchasing power | Wallet connect | Verify wallet ownership and token balance |
Identify influencers | Connect X | Verify account username, influencership via number of followers, and exclude bots |
Identify community fan ranking | Discord Connect | See Discord roles and usernames of the allowlist applicant |
Build community trust | Subdomain — Custom styling | Hundreds of engineering hours saved from having to verify and dedupe data and build the form in-house |
Understand applicant intent | Text-based questions | Qualified leads generated |
