> For the complete documentation index, see [llms.txt](https://docs.sweep.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sweep.finance/ico/ico-structure.md).

# ICO Structure

The Sweep fairlaunch is organized in **three phases**.

***

#### **Phase 1**

* **Status:** Completed
* **Token Price:** $0.01
* **Total Raised:** $200,000
* **Vesting:** 60-day linear vesting starting from the launch date

This phase has been completed.

***

#### **Phase 2**

* **Status:** Completed
* **Token Price:** $0.02
* **Hard Cap:** $500,000
* **Vesting:** 90-day linear vesting starting from the launch date

This phase has been completed.

***

#### **Phase 3**

* **Status:** Live
* **Token Price:** $0.05
* **Sale Allocation:** 30,000,000 SWEEP
* **Hard Cap:** $1,500,000
* **Minimum Contribution:** $20
* **Maximum Contribution:** $50,000
* **Vesting:** 25% unlocks at TGE, while the remaining 75% vests linearly over the following 3 months.

This phase is now live. The presale will automatically close once the full allocation of 30,000,000 SWEEP has been reached.

***

### **How linear vesting works**

Tokens purchased during the pre-sale are not unlocked all at once.\
Instead, they are released gradually over a defined vesting period depending on the phase.

This is called **linear vesting**.

#### **Phase 1 vesting**

For users who purchased in **Phase 1**, the total purchased amount will be unlocked gradually over **60 days** starting from the launch day.

This means:

* Each day, the user becomes eligible to claim **1/60 of the total purchased tokens**
* The unlocked amount increases day by day
* At the end of the 60th day, the full allocation will have been unlocked

***

#### **Phase 2 vesting**

For users who purchase in **Phase 2**, the total purchased amount will be unlocked gradually over **90 days** starting from the launch day.

This means:

* Each day, the user becomes eligible to claim **1/90 of the total purchased tokens**
* The unlocked amount increases daily
* At the end of the 90th day, the full allocation will have been unlocked

***

#### **Phase 3 vesting**

For users who purchase in **Phase 3**, **25% of the total purchased tokens will unlock at TGE**, while the remaining **75% will be unlocked in equal installments every 30 days over the following 3 months**.

This means:

* At TGE, the user becomes eligible to claim **25% of the total purchased tokens**
* **30 days after TGE**, an additional **25%** becomes available to claim
* **60 days after TGE**, another **25%** becomes available to claim
* **90 days after TGE**, the final **25%** becomes available to claim
* At the end of the 90th day, **100% of the purchased tokens will have been unlocked**

***

### **Important notes**

* ICO purchases are subject to the vesting rules of the phase in which the purchase was made
* Tokens are unlocked gradually, not instantly
* Full unlock is completed only when the entire vesting period ends
* Users should review the applicable phase terms before participating

Sweep does not provide financial or investment advice. Participation in the ICO involves risk and should be evaluated carefully by each user.