This proposal asks whether the community should reopen the LCAI pre-launch token sale to:
Fund further development of Lightchain’s layer-1 blockchain and AIVM ecosystem; Expand marketing efforts ahead of Mainnet; Increase the DAO’s Treasury’s resources; Improve the amounts of liquidity available to LCAI token holders at Mainnet launch.
The sale proceeds would be distributed evenly across three categories:
33% - Software development (Lightchain’s Core Team); 33% - Marketing (Lightchain’s Core Team); 33% - Lightchain’s DAO treasury and LCAI liquidity provisioning.
Additionally, if Lightchain’s core team share of funds exceeds the required amount to support a $250,000.00 hackathon prize pool, the team pledges to host a code-focused hackathon in New York City to resolve outstanding issues relating to Lightchain’s layer-1 blockchain.
No new tokens will be introduced into the LCAI token supply.
New capital directly strengthens ongoing development work (consensus layer, AIVM, tooling); Marketing efforts for broader adoption; DAO financial autonomy; Token liquidity for healthier market at launch; No new tokens will be introduced into the supply.
If enough funds are generated: A NYC Hackathon will be launched; $250,000.00 prize may attract elite dev talent; Could accelerate bottlenecked development areas; Increase public visibility and ecosystem credibility.
Liquidity & Treasury Benefits: More liquidity helps establish: Better price stability; More reliable trading conditions; A stronger treasury empowers: Grants programs; Future development funding; Community led initiatives.
A YES vote injects capital, boosts development and marketing, expands liquidity, may fast track certain technical milestones through the hackathon.
No new funding injection; The core team must continue development using existing resources; Marketing efforts will remain halted; No additional liquidity will be prepared for mainnet launch; DAO Treasury does not grow prior to launch; No Hackathon: The pledged NYC hackathon and $250,000.00 will not occur; Opportunities to attract new developers and accelerate consensus related work would be missed; Impact on Timeline and Execution: Development pace may slow without extra capital; Any remaining issues in the consensus layer or AIVM integration may take longer to resolve; Marketing and user utility may be weaker going into Mainnet; Token Economics and Community Effects: Existing holders retain scarcity benefits; DAO governance remains limited to present state; Liquidity depth at Mainnet could be thinner, increasing volatility risk; Strategic Positioning: Lightchain may rely heavily on: Internal developer bandwidth; Organic community contributions; Lower budget pre-launch marketing and development.