TIP-011 - $250,000 investment from treasury into a low market cap project!



HIP-009 on the allocation of $5,000,000 from the DAI treasury to perform 10 different medium-high risk investments passed with over 96% were in favour. We have voted on $4,750,000 of that allocation already.

We still have $250,000 of that $5,000,000 left to allocate.

TIP-011 Here is the last vote on a $250,000 investment in a project chosen by the community. These are some curated low-cap projects.

Alchemy Pay
 https://alchemypay.org/ Alchemy Pay is the pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies. In addition to crypto payments, Alchemy Pay enables seamless and easy access to crypto investment, blockchain solutions, and DeFi services configured as required to serve sophisticated veterans as well as those new to cryptocurrencies and blockchain technology. Market cap is currently 166M on CMC.

Verasity https://verasity.io/
 (VRA) is the next generation of video-sharing aimed at creating a fair system for creators to earn from their work, and advertisers to gain value for their ad spend. It achieves this through its proof-of-value (PoV) protocol, its product layers, and its platform esportfightclub — a pro-gaming streaming platform which features esports tournaments like PUBG Mobile — which is Verasity’s most important use case according to their whitepaper. The website combines all of Verasity’s products into one platform owned and controlled by Verasity. With a growing number of users, the platforms offer rewards in VRA for watching, subscribing and winning. Market cap is currently 93M on CMC.

Travala
 https://www.travala.com/ Travala founded in 2017, is the leading blockchain-based travel booking platform backed by Binance. Travala allows people to book more than 3,000,000 travel products including accommodations, flights and activities in 90,124 destinations in 230 countries and territories across the globe. The platform’s creators claim that it is typically cheaper than traditional, mainstream booking platforms. Travala uses a native token, AVA, which powers the Customer Loyalty Program (Smart Program), Standard Booking Givebacks, Best Price Guarantee, Referral Program, Affiliate Program and more. Market cap is currently 67M on CMC.

After TIP-011 ends, we will withdraw $250,000 from the Treasury to a secondary wallet and will perform the investment in the following hours. (We'll analyse the target project chart to find the best moment to jump in, and may do multiple smaller transactions instead of a big one).

Thanks for your vote!