Nowadays, many IDO Launchpads require a large investment to participate in their platform. Investors have to hold/stake their governance token to reach their guarantee tier of IDO allocations so, that be the high barrier for retail investors. As a result, the retail investors have a smaller chance to access the IDO tokens than whales investors and some of the investors with a limited investment may not get whitelisted due to their investment does not reach the guarantee tier.