Context
As Fingerprints continues to grow, funding is needed to support our ever-evolving goals.
Proposal
Raise ETH through a primary offering of $PRINT tokens, following the guidelines below:
- Price range: from 0.0055ETH to 0.0070ETH per $PRINT token.
- Volume range: from 200,000 to 600,000 $PRINT tokens. There are currently 10.0 million $PRINT tokens, 6.7 million outstanding and 3.3 million in treasury.
- Considering the above mentioned guidelines, the raise can range from 1,100ETH to 4,200ETH.
Fingerprints members, including VCs holding $PRINT tokens, will have a Preemptive Right to subscribe to this offering.
Taking into consideration the Preemptive Right, the final allocation of investors will favor early orders and will depend on the order size. When it comes to the onboarding of new VCs, the allocation will also consider the funds reputability and how it could contribute to the DAO, besides the capital itself.
The members which are actively raising capital with investors and will be responsible for the orders allocation are: DT | Luiz#4149, Klamt#3962, glory#5406 and jukay#5733.
Closing Remarks
More information on how to subscribe to this offering will be provided in Fingerprints’ Discord Channel.
Off-Chain Vote
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- Author
klamt.eth
- IPFS#QmeFDAyy
- Voting Systembasic
- Start DateMar 11, 2022
- End DateMar 15, 2022
- Total Votes Cast3.86M
- Total Voters55
Timeline
- Mar 11, 2022Proposal created
- Mar 11, 2022Proposal vote started
- Mar 15, 2022Proposal vote ended
- Oct 26, 2023Proposal updated