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PrimapesPrimapesby0xAc57df25f08e67122c2D191546FDf1e027C0127dthade.eth

Use treasury funds to buy into the JustBet $WINR Public Sale

Voting ended almost 3 years agoSucceeded

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JustBet's public sale for their $WINR token goes live on March 9th. There will be a hard cap $3m hard cap and the market cap at launch will be $3m.

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My proposal is to allocate the max amount per xGRAIL to the JustBet sale. At the time of writing this proposal, there is 440.95 xGRAIL allocated and $2,271.63 per xGRAIL available.

We've allocated 1 xGRAIL to the Launchpad plug-in to take advantage of these public sales. If the public sale were to start right now we would allocate $2,271.63 $USDC to the public sale and receive 50% $WINR and 50% vWINR tokens at the end of the sale. I'm assuming this amount will be much lower as the launch of the public sale approaches. If the allocation is under $1000 then we will not participate in the public sale.

With a hard cap and the market cap launching at $3m, I believe this public sale will be very profitable. If you compare $WINR to the other top casino coins on Arbitrum - $ARC and $DICE - JustBet $WINR seems very undervalued at a $3m market cap considering their product is much better than Arcadeum and $DICE.

Off-Chain Vote

For
101 PRIMAPES93.5%
Against
4 PRIMAPES3.7%
Abstain
3 PRIMAPES2.8%
Quorum:144%
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Discussion

PrimapesUse treasury funds to buy into the JustBet $WINR Public Sale

Timeline

Mar 05, 2023Proposal created
Mar 05, 2023Proposal vote started
Mar 08, 2023Proposal vote ended
Oct 11, 2024Proposal updated