The IBO Mechanism
An IBO — Initial Box Offering — is how a sealed box first comes to market. Collectors pledge capital; shares are allocated when the offering closes.
Pledging
When you pledge, you reserve your claim on shares in the IBO — up to the boxes on offer. A pledge is not a purchase: you're only charged for the shares you end up allocated, and any remainder returns to your credits.
Oversubscription
If collectors pledge for more than the available boxes' worth, the IBO is oversubscribed — not every pledge can be filled in full. When that happens, allocation is weighted — not first-come, not random.
Fairness
Allocation weight reflects your commitment to Archive: deposit speed, platform activity, community engagement and referrals. We weigh several signals together and don't publish the exact formula.
Verified Telegram community members receive a +25% allocation weight boost.