[ Community Choice ITO 4 ] —— DAOSquare

Web3 Incubator DAOSquare submitted an ITO application. DAOSquare has passed the preliminary review after the ITO Review Committee’s thorough examination and sufficient communication with the project. The voting result from the $MASK community will decide whether Mask Network supports this ITO.

The Snapshot vote will last for 36 hours, all $MASK holders could vote “Yes” or “No” on this ITO. The quorum is 200,000 $MASK (the vote is not valid until there are at least 200,000 votes), with a more than 66.67% approval ratio.

About DAOSquare

DeFi and NFT boom are just the start of massive Web3 innovation. DAOSquare believes there will be massive decentralized applications coming in the near future. There will be more and more non-developer start-up teams also. However, lots of new problems are out there too, such as token model, tech, public relationship maintaining, etc. DAOSquare helps those innovators take the first step and succeed, just like the Y Combinator in the era of Web2.

DAOSquare was founded from the ideas and principles of MetaCartel and MolochDAO. Today, DAOSquare has grown into one of the most influential DAOS based out of China.

DAOSquare has received seed funding from Youbi, SNZ, IOSG Ventures, GBV, MetaCartel Ventures China, Mask Network, and BR Capital. DAOSquare has also received a round of angel investments led by HashKey Capital, with other investors including Alameda, NGC, CMS Holdings, SRC Capital, and more.

Website: https://www.daosquare.io/

DAOSquare ITO plan

Round 1: Offering Value: 80,000 $USDT Limit Per Address: 1000 $USDT Price: $0.8 Quote Token: $USDT Requirement: $MASK balance required to participate (no snapshot): ≥1000

Round 2: Offering Value: 127,500 $USDT Limit Per Address: 425 $USDT Price: $0.85 Quote Token: $USDT Requirement: $MASK balance required to participate (no snapshot): ≥300