> For the complete documentation index, see [llms.txt](https://docs.jutsu.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jutsu.world/beginners-guide/participating-in-jutsu-world-launchpad.md).

# Participating in Jutsu World Launchpad

<figure><img src="/files/DFIXPpYOhCUoHbd0ex5K" alt=""><figcaption><p>Summary of Guide to Participating in Launchpad</p></figcaption></figure>

The Jutsu World Launchpad will be conducted on DojoSwap. Here are the Launchpad Mechanics:\
\
Start of Launchpad: 25th June 2024, 12nn GMT

End of Launchpad: 26th June 2024, 12nn GMT

Total Duration of Launchpad: 24 hours

Where to Participate: DojoSwap

Currency to Participate: $DOJO

Type of Launchpad: Overflow

Total Amount to be Raised: $540K in $DOJO

Total Tokens for Sale: 360,000 $JUTSU

Cost per $JUTSU: $1.50

At launch, 80% of the total supply will be in circulation contributing to a circulating mcap of $1.2M and an FDV of $1.5M. We aim to ensure shared upside for early adopters by providing 60% of our tokens for launchpad, liquidity provision, and claimdrops. More details on token allocation can be found[ here](https://docs.jutsu.world/usdjutsu-token/token-allocation).

Note also that the ratio of Dojo-Networth to allowed $DOJO allocation is 1:5. This means that if you’d like to invest $100k worth of $DOJO, you will need to have an additional $20k in Dojo-Networth. This is elaborated below.

#### Overflow Method

> For Overflow method of fundraise, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.
>
> In this Overflow method, users can subscribe as much as they want to the launchpad, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will get back any leftover funds when they claim their tokens after the sale.

**Sample Scenario**

If the total amount committed by the end of the Launchpad is $1,080,000 and you committed $10,000 in $DOJO then the calculations below would apply:

Total amount to be raised: $540K USD in DOJO

Your share in respect to total committed: $10K/$1.08M

Total Token for sale: 360,000 $JUTSU

Number of $JUTSU you will receive: (10K/1.08M) \* 360,000 = 3,333 $JUTSU

Cost of acquisition: 3,333 \* $1.50 = $5K approx

You will receive: $10K - $5K= $5K in $DOJO back

#### To Participate in Launchpad

You can participate in the Launchpad via DojoSwap[ here](https://dojo.trading/launchpad?p=jutsu) from the 25th of June 2024, 12nn GMT. In addition, you will need the following:

1. $DOJO as the currency to invest in the Launchpad
2. Dojo Net-worth which is the aggregate value of $DAOJO, $DAOJO/DOJO LP, $babyDOJO, $SUSHI, and $SUSHI/DOJO LP in your wallet.

The amount that you can participate with is determined by your Dojo Net-worth, which is the aggregate value of $DAOJO, $DAOJO/DOJO LP, $babyDOJO, $SUSHI, and $SUSHI/DOJO LP.

For every $1 in Dojo Net-worth, you can invest $5 in $DOJO into the Launchpad. This means that if you would like to invest $100k into $DOJO Launchpad, you will need an additional $20k in Dojo Net-worth. After committing to the launchpad, you do not need to maintain your Dojo Net-worth until the launchpad ends.