Important IDO announcement

After an overwhelming response to our Whitelist, we have decided to make changes to our Polkastarter IDO date

The last few weeks at DAOventures HQ have been a wild ride and, since announcing our token sale on Polkastarter, the amount of support we got from the community has been truly humbling.

With a 20x oversubscribed private sale round and interest from some of the world’s leading funds, we were proud to close the round and move onto the Whitelisting process for the upcoming IDO on Polkastarter.

We have very quickly become overwhelmed with Whitelist applications for the public sale — over 54,000 people have applied in just over 3 days!

We have limited spaces available for the IDO and we do not want to disappoint too many people that have taken the time to complete the challenges and fill in the form, therefore we have made the decision to change some key dates related to the Whitelist and IDO.

We have two major announcements to make:

New IDO Date On POLKASTARTER

Our IDO on Polkastarter will be brought forward to the 15th of February 2021 instead of the 18th of February 2021.

Exact timing will be announced soon.

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.

  • Thursday 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

Closing of Whitelist & Details

We will be closing the whitelisting earlier due to the overwhelming response previously mentioned.

The whitelist will officially be closed at 4 AM UTC on Tuesday 9th of February 2021. 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

Please ensure that you complete all tasks and the form before the deadline if you intend to participate in our IDO.

- At the close, all whitelist will be filtered between POLS holders and Non POLS holders.

- We will randomly select a total of 600 lottery winners to participate in the IDO(300 winners for Public Pool & 300 winners for POLS Pool). We will post all the winner’s addresses on our website.

- We will be emailing the winners for their KYC details

On a side note to all our Chinese supporters, as we celebrate and usher in the Chinese New Year, 15th/16th of February also signifies “Welcoming The God Of Fortune & Wealth” according to the Chinese calendar. A very auspicious day for many fortunes to come :)

That said, we would like to wish everyone best of luck who is participating in the whitelisting process and a BIG thank you for all the support you have given so far.

The DAOventures team

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

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DAOventures

DAOventures

DeFi ETF Index Fund, basket of auto-compounding LPs