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Avem Finance to Raise Seed Round on DAOLaunch

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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.

About AVEM

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.

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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.

Main Investors

  • GSR
  • 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

Tokenomics: https://docsend.com/view/yrmhad647tyzuwsj

II. Tokensale schedules:

  1. FCFS for stakers (Up to $10k purchase): 10:00 UTC, July 11 – 18:00 UTC, August 11
  2. 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

Go to dApp

IV. Staking for token sale

⚠️ONLY FOR STAKING USERS ARE FREE TO JOIN THIS SEED ROUND INVESTMENT⚠️
※You will be charged 2% unless you stake YOUR DAL / DAL-LP
How to Stake DAL / DAL-LP ? Check out the instructions below:

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
How to Buy DAL Tokens ? Check out the instructions below:

 

V. Disclaimer

Guide to Private sale

Investing in the Private Sale will require you to hold the tokens in the long term. Make sure to agree to all conditions before you join. Refund mechanism does not apply to Private Sale.

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.

About DAOLaunch

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.

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