ReserveDAO Dev Update

Roadmap and Timeline

With the project nearing the end of its creation phase, let’s go over what’s been done to date:

  • Established whitelist rewards criteria for unFederalReserve $eRSDL holders and the role eRSDL will play in the $RSRV ecosystem.
  • Defined the role of the RSRV token in the ecosystem as a governance token, but RSRV will be able to be used to claim an equity position in the DAO’s bank purchase fund. (Note: This is where RSRV will separate itself from all other DAO’s before it. The DAO itself and its members will not only have a digital asset to hold and trade, but a token that represents an equity interest in a bank.)
  • Established relationships with other DAO’s that will help us build a product and or have shown interest in using our protocol post-launch.
  • Established a banking relationship with NextBank, International that is fine with working on OUR timeline for a strategic investment (aka. Not quite buying a bank, but a modicum of control and a nice return on a preferred equity investment), and, separately, have a tally of possible outright acquisitions!

These modest achievements are essential in testing the interest hypothesis for the DAO itself.

“wat left, wen launch?”

The roadmap is subject to completion of the kick-off phase and hitting those capitalization milestones. In a nutshell, here’s what we see rolling out through year-end:

  • Launch webpage (expected timing is early to mid-November)
  • Launch constructing dApp (this will be done after we hit the Phase I of our budget in our bootstrapping process)
  • Marketing strategy development for interested hodlers and acquisition / investment targets

Screenshots

Please note that the language on the pages is not complete, and we continue to alter elements as our market survey data comes back to us and the product evolves. Please feel free to provide feedback in our TG or Discord channels.

The “Front” page, whitelisting, and the map to find your safe harbor of choice have been laid out for deployment. The front page will give you access to our different community pages, direct links to our different safe harbors the protocol will offer, including unFederalReserve’s #ReserveLending and #ReserveFunding pages.

You will see direct links to our future Medium page and official ReserveDAO documents. I’m sure most of you notice an “Early Access” tab, this will direct you to our S.A.F.T if the community approves the vote. It should be noted that all bonuses that are offered on the Whitelisting criteria will be offered on our S.A.F.T as well as any launchpad event we decide to do following the S.A.F.T!

These pages will give the DAO a better sense of validity and visibility to the crypto community and give our own community a chance to begin to interact with the project.

Use this page to confirm that your wallet is part of the whitelisted population. If it is not there, and you think that oversight is in error, then reach out to community managers to kick-off the research process. Please be prepared to share evidence that you qualify for the whitelist, including being doxxed to confirm certain balances and transactions can be tied to an person or entity. Safety first, second and third.

Although times out there are uncertain, we are continuing forward. If we all waited for the perfect time to do something, we would never get anything done in this world. That is why moving forward, we believe it is best to begin bootstrapping ourselves and utilize a launch pad that is beneficial for all parties involved. We will launch a vote on Oct 20, 2022 and run the vote until Oct 27, 2022.

This vote will approve the team to start a S.A.F.T on our webpage and pursue ALL of the launch pads that were listed in the launchpad article. We hope you all have enjoyed the process as much as we have and thank all of you for your continued patience and support for the ReserveDAO and unFederalReserve teams. Stay safe and see you all aboard!

🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊

Although the material contained in this website was prepared based on information from public and private sources that Residual Token, Inc. d/b/a unFederalReserve believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and Residual Token, Inc. expressly disclaims any liability for the accuracy and completeness of information contained in this or any article.

This article, our website, social media posts and other public forum materials are distributed for general informational and educational purposes only and is not intended to constitute legal, tax, accounting, or investment advice. The information, opinions and views contained herein have not been tailored to the objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. Residual Token, Inc. does not have any obligation to provide revised opinions in the event of changed circumstances.

All investment strategies and investments involve risk of loss. Nothing contained in this website should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit.

Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a finance, tax or legal professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal objectives, needs and risk tolerance. Residual Token, Inc. expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.

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