ReserveDAO: Select a Port-of-Embarkation
Time to select a DAO Launchpad for ReserveDAO
Consistent with the ReserveDAO (token name: RSRV) budget article plan, it is time for the community to vote on a proposal concerning the launchpads used to achieve RSRV’s fundraising goals.
The initial funds will be used to achieve the first objective as outlined in the budget article; namely, the DAO will look to secure ~$500,000 in funding in order to set the stage for a larger multi-million dollar liquidity pool. From that pool, ReserveDAO will “Buy the Bank” and begin to flex its muscle as far as the bank’s product and policies are concerned.
Here are the tentative stages and amounts sought:
Table I: Estimated ReserveDAO Budget (Subject to Change)
A list of launchpads being considered is provided below. These launchpads do not contain cost metrics because we were unable to ascertain the specific costs. Based on the results from the voting, attempts to gather cost information will be redoubled. As a result of our findings, the R-DAO volunteers may elect a provider other than the top one selected, or a combination of providers.
This is not an offer to purchase or sell securities.
Please take the time to review these options before you vote.
GovernorDao offers several services as part of the Governance-as-a-Service (GaaS) sandbox for any project to ensure their governance model works out of the box.
DAO Maker is an incubator that leverages the power of Social Mining and omnipresent exposure to help projects acquire a community, and then uses the project’s token to convert the community into value-adding and value-assessing members of a DAO.
Red Kite is part of the PolkaFoundry ecosystem and uses the platform’s native PKF as a utility token. The investors can hold PKF tokens to join the Red Kite platform and participate in the token sale rounds for hand-picked and vetted crypto projects.
Republic is where both accredited and non-accredited investors meet entrepreneurs and access high-growth potential deals across a range of private markets.
Polkastarter is the leading decentralized fundraising platform built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot.
TrustSwap is a foundational layer in decentralized finance, enabling safe, and customizable transactions for the global crypto ecosystem.
Starter is a cross-chain launchpad platform currently working on Polygon, Ethereum, Fantom, BSC and Avalanche.
At this stage, we are trying to ascertain the costs associated with leveraging these platforms. After having gone through these pages at a high level there is uncertainty around whether the platform is willing and able to help ReserveDAO launch. In some cases, the platform is WYSIWYG and project leaders can just attach their project. In others, upfront questions around how much money you intend to give the platform to host your raise go into whether or not the company behind the platform will actually help. Because these are largely human-less, there is also uncertainty that the information we provided will be acknowledge, regarded and considered in a timely manner. The ReserveDAO volunteers will do their best based on the poll results to push through these immature industry-related issues based on the community’s feedback. Consider this uncertainty when considering the risks to the project as a whole. We can make not guarantee of performance.
If you have information or resources connected to those platforms, please facilitate an introduction. Thank you for the support and please remember to vote.