# Tokenized IP Offering

## What is a TIPO?

A Tokenized IP Offering (TIPO) is STR8FIRE’s fundraising mechanism that allows **real entertainment IPs**—such as films, games, comics, and more—to be tokenized into **ERC20 tokens**. These tokens represent fractional benefits in IP rights and can be purchased by investors directly via the STR8PAD platform.

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TIPO is more than a sale—it’s the entry point to becoming a stakeholder in the future of entertainment IP.
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These tokens are **liquid** by design, meaning they can be traded on **supported secondary markets**. This unlocks new **flexibility** for investors to enter and exit positions, unlike traditional entertainment deals which are typically long-term and illiquid.

## TIPO Investment Process <a href="#pre-participation-the-whitelist-period" id="pre-participation-the-whitelist-period"></a>

Investing in a TIPO proceeds in six phases, each designed for transparency, fair access, and secure participation:

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### Phase 1: Register <a href="#pre-participation-the-whitelist-period" id="pre-participation-the-whitelist-period"></a>

This is the Whitelist Phase. Users register interest in the TIPO, signaling intent to participate and securing tier-based eligibility. Staking $STRF during this phase determines Guaranteed Allocation.

* **Action**: Sign a wallet transaction to join the whitelist
* **Note**: Allocation is based on your Tier level (check [**Tier System**](https://str8fire.gitbook.io/str8fire/ecosystem/str8pad/tier-system))

If your tier increases during this period, your potential allocation can increase as well.
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### Phase 2: Guaranteed Allocation (GA) <a href="#guardanteed-allocation-ga-the-tipo-period" id="guardanteed-allocation-ga-the-tipo-period"></a>

Users who registered and qualified by tier can participate in the guaranteed round. Allocation is predefined based on tier multiplier.

* **Action**: Enable and fund your investment within your cap
* **Eligibility**: Only for whitelisted wallets
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### Phase 3: FCFS(First-Come, First-Served ) <a href="#the-fcfs-phases" id="the-fcfs-phases"></a>

Remaining token supply becomes available to all users, regardless of whitelist status. This stage is open access and competitive.

* **Action**: Fund instantly, up to the max of your tier allocation
* **Tip**: Move fast—allocations fill quickly
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### Phase 4: Filled <a href="#post-tipo-claim-investment" id="post-tipo-claim-investment"></a>

Once the total TIPO allocation is raised, the funding round is officially closed.

* **Note**: Users can no longer invest in the project
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### Phase 5: Claimable <a href="#claiming-your-tokens" id="claiming-your-tokens"></a>

After successful completion of the TIPO, the IP owner will be notified of the successful raise and the process of Tokenising of the IP will start. This process can take up to a few weeks. Often, not all tokens are released immediately, and each TIPO will specify the initial release and vesting schedule, the gradual release of your investment over time. Vesting serves two key purposes: it incentivises investors to support the IP long-term success, and it helps avoid mass token sales.
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### Phase 6: Completed

The TIPO concludes. Claimed tokens become transferable and the IP is officially live in STR8FIRE’s ecosystem.
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**Keep in Mind**

* TIPOs are only available to KYC-verified users.
* Participation is driven by your Tier (via [$STRF staking](https://str8fire.gitbook.io/str8fire/ecosystem/usdstrf/staking)).
* Refund is only available during the Claimable phase and before you claim.
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