IMPORTANT UPDATE: VOTING IS OPEN
Since its inception, Venture DAO has been designed to be completely community driven. We have received many messages of concern about a hard cap too high in the Public Sale phase (2000 BNB). The reason for this figure was so that we could list the token on pancakeswap with a lot of liquidity (900 BNB + 15000 VEN). All this liquidity allows the token to be less volatile and would allow the DAO to have more funds for the development of future protocols. However, it seems that the community is more interested in having a token with a very limited supply and that it is purchased mainly from the market (pancakeswap).
What the community wants right now is PUMPAMENTALS. 🚀🌕
The common opinion currently is that a skyrocket price would bring many benefits to the DAO ecosystem.
Essentially, we agree with this.
On the other hand, however, we would like you to be aware that raising less funds also means having more difficulties for the development of future protocols, while not compromising the implementation at all.
For this reason we have decided to offer you this alternative:
- Burn 90% of the public sale tokens
- Sell the remaining 10% (4000 VEN) at the set price of 0.05 BNB (the new hard cap of the entire Public sale will be only 200 BNB)
- Open a new whitelist for the selection of participants in the public sale, favoring those who have already requested participation in the first one
VOTING IS NOW OPEN:
https://t.me/venturedaoannouncements
Voting will close today at 6 PM UTC
