DAOventures (DVG) IDO: Whitelist Announcement

The moment everyone is waiting for is finally here. Here’s your opportunity to invest in the future of DeFi!

DAOventures
4 min readFeb 4, 2021

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DAOventures is a DeFi robo-advisor and automated money manager platform. Our unique propositions are; secure & trust, simplicity, and localization.

Since publishing our upcoming Polkastarter sale announcement, we have received overwhelming support and interest from the cryptocurrency and DAOventures communities. With our private sale 20x oversubscribed, we now know that the blockchain and DeFi space believes in DAOventures’ vision to simplify decentralized finance for all, and we are humbled that so many people want to join us on our mission to make DeFi accessible to the mainstream market.

We expect the Polkastarter public sale to be very popular and therefore we have decided to offer the opportunity to be whitelisted to the public, earn your spot on the DAOventures’ IDO Whitelist now by completing some simple tasks that will help spread awareness of the DAOventures’ platform.

Please note that anyone looking to participate in the IDO is required to whitelist, POLS holders and non-POLS token holders need to complete the tasks if they would like the chance of whitelisting.

Whitelist Lottery details

DAOventures IDO Whitelist will open on Thursday 4th February at 3PM UTC and close on 10th February at the same time.

Those looking to participate in the POLS Pool or Public Pool must join the Whitelist lottery. We are aiming to create a fairly distributed opportunity to take part in the DAOventures’ IDO and have given a specific set of requirements that must be met in order to qualify for the Whitelist Lottery. This model will help to eradicate bot entries and such.

In order to qualify for the Whitelist lottery, participants must -

  1. Follow us on Twitter: https://twitter.com/VenturesDao and https://twitter.com/polkastarter
  2. Retweet our pinned IDO announcement on Twitter also quoting the hashtag $DVG, why you are excited to take part in the sale and tag two other friends in it.
  3. Join the DAOventures’ Telegram community: https://t.me/DAOventures
  4. Fill out this short Form with your details: https://ido.daoventures.co/whitelisting

All lists will be checked in the form of ERC20 addresses, Telegram Handles, and Twitter Accounts. Any entry that hasn’t completed all of the steps above by the end of the round will be disqualified.We will randomly select the final IDO participants from these whitelist entries and announce the lottery winners soon after. All Whitelist winners need to pass the DAOventures’ KYC process in order to be able to participate in the IDO.

Token Sale details

We will be deploying a DVG token pool on the Polkastarter platform on Monday 15th February 2021, with a total of 444,444 DVG tokens being minted for the public sale.

We will be giving both POLS token holders from the Polkastarter community and the public an opportunity to purchase DAOventures native DVG token at a discounted price before listing on Uniswap and various other popular exchanges in the near future. The token sale will therefore take place in two pools on the Polkastarter platform -

POLS holders have been allocated 222,222 DVG tokens of the overall raise with the other 222,222 DVG tokens being offered to non-POLS holders and the DVG community. DVG tokens will be available to swap for either POLS tokens or ETH at a sale price of $0.225 per token.

  • Monday 15th February 2021 — Exact time TBC
  • 444,444 DVG tokens for sale in total
  • 0.63% overall token allocation
  • Price $0.225 per token
  • Hold 3000 POLS for a minimum of 7 days or provide POLS/ETH Liquidity on Uniswap to access the POLS pool
  • Accepting ETH only for non-POLS holders
  • Max individual cap $300
  • Total raise $100,000
  • Initial market cap $430k

What is the DVG Token?

The DAOventures native DVG token has several utilities. Working as an incentive mechanism to attract and stake liquidity, the DVG token invites market participation from the DAOventures community ensuring network effect, long term demand and price appreciation.

DVG holders can benefit from a range of staking incentives that will reward them for their efforts, including pool-specific rewards, reduced transaction fees and profit sharing.

For more information on the DVG token utility, overall token allocation and more, please read our tokenomics document:

https://docs.google.com/presentation/d/1eqC-vY6ZX9S-A7_Gb3nYVpKKL_VSX2AKq9xrg_oTl14/edit#slide=id.g8cfad2f7bc_0_192

We look forward to this exciting milestone for DAOventures platform and welcome you all to experience the various features we have to make DeFi more accessible and profitable than ever before at https://daoventures.co!

Please note:

The team is not selling tokens. There are no other whitelists, discounted tokens, alternative websites to purchase tokens, open investment slots, etc. You can only buy tokens from Polkastarter after we go live on the 15th February.

Please make sure you’re following official DAOventures channels only:

Telegram announcement channel: https://t.me/daoventuresofficial

Telegram group chat: https://t.me/DAOventures

Twitter: https://twitter.com/VenturesDao

DAOventures team will never send you a direct message, email or private message on any platform.

DAOventures does not have any tech or customer support.

About DAOVentures

DAOventures is a DeFi robo-advisor and automated money manager platform. Imagine “Robinhood for DeFi”. It is our mission to make DeFi simpler, accessible & inclusive. We believe in creating a simpler, more accessible, and more open world that is permissionless, inclusive and guided by our DNA of continuous learning, integrity and transparency.

Website | Github | Gitbook | Discord | Telegram

Twitter | Linkedin | Facebook | Reddit

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DAOventures

DeFi ETF Index Fund, basket of auto-compounding LPs