Set participation rules
A launch can accept any eligible buyer who signs and pays, or require extra access rules.
On Base, publish those rules on the launch page. On Stellar, a launch can require the buyer to pass a reputation label from the factory's registry.
Open participation
On Stellar, set reputation_label to 0. This disables the curve's reputation check. Time, balance, trustline, inventory, and slippage rules still apply.
Label 0 is a reserved sentinel. Real labels begin at 1.
Gate by reputation
This path is part of the Stellar expansion.
Choose an existing label or create one with the desired thresholds. Inspect its registry, ID, creator, and criteria before attaching it to a launch. Names can repeat; the ID is the actual reference.
For example:
| Goal | Current representation |
|---|---|
| Require a stronger social profile | social_above: 200 |
| Require developer and Stellar activity | github_above: 100 and onchain_above: 50 |
| Require a combined score | total_above: 600 |
Every configured threshold uses strict greater than comparison. A social score of 200 fails a social_above: 200 requirement. All supplied conditions must pass.
What “verified only” means
The product intends to let creators select verified participants. The current Stellar registry has scores and thresholds, but no dedicated identity-verification or KYC flag. A positive-score threshold proves only that a registered score passes the rule.
An actual verified-only policy needs a defined verification process and an enforceable representation. Do not equate an X or GitHub connection, a score, or a public wallet address with legal identity verification.
When checks happen
A gated Stellar curve evaluates current scores on every buy. The label is immutable, but score updates can change whether the buyer passes. The creator does not need to pass the label to create the launch.
Quotes do not enforce eligibility. Use is_eligible(address) for a preliminary check, then simulate the signed purchase. That preliminary result is not a reservation.
Exit rights
Reputation gates purchases. It does not gate an existing buyer's sell-back before graduation, creator fee claims, or team claims. It also does not restrict ordinary later transfers of the token.
Presale ranking is a separate use of reputation, live on Base where the sale publishes it. A threshold label answers a boolean access question; it does not sort participants or allocate oversubscribed commitments.