Momentum Launches Subscription and KYC Process for Community Offering on Buidlpad

Momentum, a leading liquidity engine within the Sui (SUI) ecosystem, has announced the official initiation of the Know Your Customer (KYC) and subscription processes for its "Momentum Community Offering" via the launchpad platform, Buidlpad. This landmark announcement, made on October 22, outlines a strategic opportunity for participants to engage in the offering by completing these pre-requisite steps before the cut-off time at 11 a.m. local time on October 25. Interested participants must finalize both KYC and subscription processes to qualify, with Momentum emphasizing that users who have already undergone the KYC verification will only need to complete the subscription application to confirm their interest.

Momentum clarified that no funding is required at this stage. The subscription represents an expression of interest rather than a financial commitment, reinforcing the project's focus on accessibility and transparency. This offering incorporates an innovative “dual fully diluted valuation (FDV) model," designed to incentivize active participation and recognize long-term contributors within the ecosystem.

Dual FDV Model and Tier-Based Structure

Momentum has introduced a tier-based FDV model, which splits the offering into two distinct categories based on eligibility criteria and investment valuations:

Tier 1:
Participants in Tier 1 will gain access to a FDV valuation capped at $250 million (roughly 358 billion KRW). This category is specifically tailored to users holding a Momentum LP position valued at $3,000 (approximately 4.3 million KRW) or more. Such positions are staked through Buidlpad’s “HODL” functionality or via the “WAGMI Tier 1–5” program. Contribution caps will be calibrated based on the size of each active LP position. While eligibility criteria are clearly defined, Momentum has stated that all subscription applications will undergo thorough review and approval processes to ensure fairness and compliance.

Tier 2:
For participants falling outside Tier 1 requirements, Tier 2 offers an FDV valuation of $350 million (approximately 502 billion KRW). Eligibility for this tier extends to users who successfully complete the KYC process and meet other qualification requirements, although they do not hold LP positions within Momentum’s ecosystem.

Streamlined Steps for Participation

Momentum has simplified participation by outlining a guided process available on its official campaign page. Participants can log in using either their Google account or a digital asset wallet. Prior to beginning, users are advised to review the “Geographic Restrictions” notice to confirm regional eligibility. This proactive approach ensures clarity regarding location-based requirements.

To initiate the KYC process, users can select “Start KYC” for identity verification, which can be completed in a matter of minutes. Mobile users can also access the KYC portal conveniently via QR code scanning. Upon successful submission and approval, participants must click “Subscribe Now” to affirm their interest in the offering. It’s crucial to note that wallets connected to Buidlpad profiles must correspond with those used for Momentum LP staking or participation in the WAGMI campaign. This synchronized wallet linkage is a mandatory criterion for Tier 1 qualification and contributes to higher contribution limits.

For participants requiring assistance during either the KYC or subscription phase, Momentum has made support readily available through the Buidlpad platform’s customer service channel.

Momentum’s Commitment to Community Engagement

The Momentum team has expressed the significance of this KYC and subscription phase in laying the groundwork for the community offering. "The KYC and subscription steps serve as the gateway to the Momentum Community Offering. We sincerely appreciate your participation on this journey with us,” stated the team, reinforcing the integral role of community engagement in the project’s mission.

Momentum’s dual-focused FDV model exemplifies its dedication to fostering a vibrant ecosystem within the Sui (SUI) space. By innovating its approach to incentivizing active contributors and long-term stakeholders, Momentum is setting a compelling standard for future projects, prioritizing inclusivity and ensuring fairness in participation. This reinforces its long-term commitment to developing a thriving, community-driven environment anchored in transparency and growth.