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Create a Social Sale

Overview​

  • This guide explains how to set up a "Social Sale" presale on Pinksale for the Solana chain.
  • Connect your Solana wallet (e.g., Phantom) and navigate to the "Create Social Sale" page.
  • Verify your token and confirm the setup uses SOL for currency/fees and the Auto Listing option.
  • Configure standard presale parameters: Rate, Whitelist, Caps (Soft Cap >= 25% Hard Cap), Refund Type, Liquidity (25-100%), Listing Rate, Timings, and Lockup.
  • Set the unique Commitment amount - the specific amount of SOL users must contribute.
  • Review all parameters and submit the transaction to create the Social Sale pool.

Important Reminder: If you need to cancel an existing sale and create a new one, you must transfer your project tokens to a new wallet. You cannot use the same wallet that owned the cancelled sale to create the new one.

Steps​

Follow these steps to create your Social Sale presale:

Step 1: Verify Token​

  1. Connect Wallet & Navigate: Connect your Solana wallet (e.g., Phantom). From the Pinksale homepage, navigate to Launchpads => Create Social Sale. Ensure Solana is selected under Chain. Alternatively, go directly to https://pinksale.finance/solana/launchpad/create/social-presale.

  2. Token Address: Input your Solana token's mint address.

  3. Set Options:

    • Currency: Confirm it's set to SOL.
    • Fee: Confirm the fee currency is SOL.
    • Listing option: Ensure Auto Listing is selected.

    • Note: With Auto Listing, Pinksale will automatically list your token on a DEX using the specified liquidity percentage after the sale is successfully finalized.

  4. Review & Proceed: Review the selections on this page and click Next.

    Create Social Sale (Solana) - Step 1 - Token Verification and Auto Listing Selection

Step 2: DeFi Launchpad Info​

After verifying your token, configure the details for your Social Sale. All numerical inputs must be positive numbers.

  1. Presale Rate: Enter how many of your project tokens contributors will receive for 1 SOL. Must be a positive number.
  2. Listing Rate: Enter the initial rate for the DEX liquidity pool (1 SOL = X tokens). Usually lower than the Presale Rate. Must be a positive number.
  3. Whitelist: Choose Enable or Disable. If enabled, only whitelisted addresses can contribute initially. Can be toggled later.
  4. Soft Cap (SOL): Enter the minimum SOL amount for the presale to succeed. Must be a positive number and must be greater than or equal to 25% of the Hard Cap.
  5. Hard Cap (SOL): Enter the maximum SOL amount you want to raise. Must be a positive number.
  6. Refund Type: Select how contributions are handled if the soft cap isn't met: 'Refund' (contributors get SOL back) or 'Burn' (unsold tokens burned, Pinksale rules apply).
  7. Liquidity (%): Enter the percentage of raised SOL for automatic DEX liquidity. Minimum value is 25%, maximum value is 100%. Must be a positive number.
  8. Commitment amount (SOL): Enter the exact amount of SOL that each participating user must commit/contribute to join the pool. Must be a positive number.
  9. Start Time (UTC): Set the exact start date and time.
  10. End Time (UTC): Set the exact end date and time. Start time must be before the end time.
  11. Liquidity lockup (days): Enter the lock duration for the automatically added liquidity. Must be a positive number (e.g., 30).

Note: The total amount of your project tokens needed for the presale is displayed near the bottom. Ensure your wallet holds sufficient tokens. Use the Pinksale Calculator for tokenomics planning.

Create Social Sale (Solana) - Step 2 - Presale Information Fields

Click Next.

Step 3: Finish​

This is the final review and submission step.

  1. Review: Carefully check all the information you have entered (Rates, Caps, Commitment Amount, Liquidity, Times, etc.). Use the Back button if necessary to make corrections.

  2. Submit: Once everything is perfect, click Confirm & Create Launchpad.

    Create Social Sale (Solana) - Step 3 - Final Review Screen

  3. Confirm Wallet: Your Solana wallet (e.g., Phantom) will pop up. Review the transaction details and estimated fees, then click Confirm.

  4. Result: After the transaction confirms on the Solana blockchain, your Social Sale pool will be created.

Q&A​

  • Q1: What is a "Social Sale"?
    • A: The provided content identifies this as a specific presale type on Pinksale ("Create Social Sale") but doesn't explain what makes it "Social" beyond its name. The key differentiator shown in the parameters is the mandatory "Commitment amount".
  • Q2: What is the "Commitment amount"?
    • A: This is a required field for the Social Sale type. It defines the fixed amount of SOL that every participant must contribute. Unlike standard presales where users can often choose an amount within a min/max range, here everyone contributes the exact same specified SOL amount.
  • Q3: Can users contribute more or less than the "Commitment amount"?
    • A: Based on the description ("Amount of SOL that the user needs to commit"), it implies users must contribute exactly this amount, not more or less.
  • Q4: What Listing Option is used in this guide?
    • A: This guide uses the Auto Listing option, meaning Pinksale automatically adds liquidity to a DEX after finalization.
  • Q5: What is the minimum liquidity percentage for this sale type?
    • A: Similar to other auto-listing presales described, the minimum liquidity allocation is 25%.

Troubleshooting​

  • Q: The "Confirm & Create Launchpad" button is disabled.
    • A: Ensure all required fields in Step 1 and Step 2 are filled correctly. Verify all numerical inputs (Rates, Caps, Liquidity %, Commitment Amount, Lockup) are positive numbers and meet constraints (Soft Cap >= 25% Hard Cap, Liquidity >= 25%). Check that your wallet is connected.
  • Q: My transaction failed when trying to create the Social Sale.
    • A: Confirm you have enough SOL for Pinksale fees and network fees. Double-check the validity of your token address. Ensure Start Time is before End Time. Network congestion could also be a factor.
  • Q: Users are confused about how much to contribute.
    • A: Ensure your project communication clearly states the required, fixed Commitment amount (SOL) for participation in this specific Social Sale type. Users cannot choose their contribution amount; they must use the value you set.
  • Q: I set the Commitment Amount too high/low. Can I change it?
    • A: Pool parameters are generally locked after creation. You likely cannot change the Commitment Amount once the pool is live. You might need to cancel (if possible) and recreate the sale (using a new wallet) with the corrected amount.
  • Q: Why must I use a new wallet if I cancel and recreate?
    • A: Pinksale's system prevents the same wallet from owning multiple active or even previously cancelled launchpads for the same token. A new wallet is required for each creation attempt for a specific token.