ICOs are dead. Long live DTFs.
Remember when you could bootstrap your project with community funding? Remember when you could support ideas you like without networking your way into a closed group? Announcing: Decentralized Token Formation. A new permissioned capital formation product representing the purest form of internet capital markets, powered by @jup_studio, bringing you the best of the ICO meta while protecting you from the worst. Bringing you back to the days before multiple private funding rounds, endless side deals and your earliest investors hedging / OTCing / syndicating the projects they believe in oh so much became meta. Before who you knew mattered more than what you were investing in. Before supporting innovation became PvP. High-caliber teams will be able to raise from their communities onchain, maximizing certainty, alignment, and transparency. ‱ Know exactly where all the token supply is - be it public float, team tokens, or liquidity provisioning tokens ‱ Know exactly the criteria for allocations ‱ Know that locked tokens are actually locked - verifiable on-chain, using Jup Lock. ‱ Know exactly when investors get liquidity As a founder, by using DTF, you’ll be getting in front of the largest and most active community on Solana. And as a participant, you’ll be participating in a permissioned launch on fully transparent terms. Jupiter will provide tech support, Meteora will provide liquidity support, and the community will provide emotional support. If you’re a high-caliber team raising funds on Solana, reach out to @wassielawyer and make your best pitch. We’ll be super selective with who gets to launch on DTF, so do not expect launches every day. This is a new way of launching for a new era. -- (and btw the first team is already confirmed and is a goddamn banger)
10.6K
224
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.