Avem Finance to Raise Seed Round on DAOLaunch
Avem Finance to Raise Seed Round on DAOLaunch
Hey DAOLaunchers, if you are keen to invest in layer1 chain in its seed round, here is what you are looking for! DAOLaunch is happy to host Avem Finance’s Seed Round Sale from 10:00 UTC, July 11.
Avem is a Layer 1 incubated by Berkeley Blockchain Xcelerator, focused on building bankable DApps for large institutions to enter the DeFi world from the various licenses obtained in Switzerland. The blockchain is built inside the Polkadot ecosystem, working together with the Parity team (Polkadot technology provider) and looking forward to becoming a Parachain.
A brief description of Team
Alex Hernandez (CEO & Co-Founder)
Engineer that worked in Accenture Finance and Risk and as a Project Manager in Volkswagen.
Very assertive in the world of business, smart at managing people and likes to lead large teams. Very innovative, risk averse and capable of taking projects to the next level.
Bernat Ferragut (CFO & Co-Founder)
Civil engineer graduated in Spain and France. Master in Finance at the École des Ponts ParisTech. Previously worked at VINCI as a Project Planner and individually has been a crypto investor since 2018.
Toni Peset (CPO & Co-Founder)
Crypto investor for the last 3 years, which has manage big private portfolios of Crypto.
Very good planner and knows how to break down big challenges into smaller achievable goals.
Alexandre Carvalho (CTO)
Blockchain Developer with 4 years of experience. Rust and Solidity coder. Selected to attend in Cambridge at Polkadot Bootcamp 2022, together with the Parity team, led by Gavin Wood
Diana D’aleman (CMO)
Passionate and cross-functional marketing professional. My experience in multinationals around the world sparked my passion for helping start-ups grow. I am passionate about connecting with audiences through words and images, as well as data driven.
- Shima Capital
- X21 Digital
- Ritossa Family Office
I. Token Information
- Total supply: 1,000,144,000
- Seed sale price: $0.04
- Vesting: 1% at TGE, then dairy vesting for 52 months
- Initial market cap at TGE: $1,771,255
II. Tokensale schedules:
- FCFS for stakers (Up to $10k purchase): 10:00 UTC, July 11 – 18:00 UTC, August 11
- FCFS for non-stakers (2% fee): 10:00 UTC, July 11 – 18:00 UTC, August 11
※There are 2 pools for this investment. You can invest in both pools if you are DAL stakers
⚠️NEW METHOD FOR THIS PRIVATE SALE ROUND⚠️
- There is no tier model applied for this project
- All stakers can purchase up to $10k without any charge
- Non-stakers need to pay a 2% fee
III.HOW TO JOIN
For $DAL / $BUSD-DAL LP holders:
- Stake a certain amount of DAL tokens or BUSD-DAL LP tokens as stated in the tier mode
- From now on, DAL stakers will no longer have to fill out the guaranteed submission form to join the token sales
When the token sale starts, go to the dApp:
Further instructions from here: How to join Tokensale
IV. Staking for token sale
Link : DAL / DAL-BUSD
In order to join IDO (or PRIVATE ROUND) on DAOLaunch, users have to stake a certain amount of $DAL or BUSD-DAL LP tokens.
We will take snapshot user Staking balance randomly 24h-72h before IDO (or PRIVATE) round opens.
Only users who stake more than 100 DAL / 80 DAL-BUSD can get guaranteed allocation.
※Do not unstake until you have confirmed you get IDO allocation
Link : How to Buy DAL Tokens
Restricted regions: Afghanistan, Angola, Azerbaijan, Belarus, Bosnia and Herzegovina, Botswana, Burundi, Cambodia, Cameroon, Chad, China, Congo, Congo, The Democratic Republic of the, Cote d’Ivoire, Cuba, Eritrea, Ghana, Guinea, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Lao People’s Democratic Republic, Liberia, Madagascar, Mozambique, Myanmar, Nicaragua, North Korea, Pakistan, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Tajikistan, Trinidad and Tobago, Turkmenistan, Uganda, United States, Uzbekistan, Vanuatu, Venezuela, Virgin Islands, U.S., Yemen, and Zimbabwe.
DAOLaunch aims to create an open and inclusive competitive environment for startup investment- the Decentralized Venture Capital concept.
DAOLaunch offers retail investors preferential investment conditions depending on their investment performance recorded on the blockchain. Recorded investments are not editable, as all negotiations are all on-chain. DAOLaunch investors can brand themselves as Decentralized Venture Capitalists and much like traditional VCs, they can negotiate more favorable investment terms.
DAOLaunch aims to change the structure of shady behind-closed-door investment deals to an open and more competitive deal structure that takes place on the blockchain. This will drastically shake up the startup industry.