Will anyone of Continuum also physically move to the UAE, or is it merely a (more of less virtual) company listing that benefits from UAE's local rules & taxes?
sanderrrrr
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I think in general it is a very wise idea to first target 1 market segment and completely dominate that segment before we move to another segment. If that first segment is RWA because of narrative and momentum, i'd say we go for that.
This has large advantages in terms of communication, marketing & sales as well. Easier to distinguish our selves ('branding') from others. Targeting everything with a small team and budget usually means nothing is really effective.
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@Selqui Then this thread was not a DAO discussion, but more like a top-down announcement.
I'm OK with both, but then let's call it what it is.
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You can also argue that the other way around: why give big money priority again over community members who also support the project? This is also an opportunity to do things differently, more democratically and give everyone who is now involved an equal chance. There must be something that we together can be done about this, if the will is there.
That potential community member can't profit from this, is an argument i don't understand. I mean, potential VC's that haven't heard from the opportunity yet - Are they then disadvantaged now by your suggested approach?
IMHO it makes sense that community members and VC's that are not aware of the project, are not involved and of course they can't step in now at this valuation. That is fair. If they step in later, there is less risk, price will be higher.
Community members that are already involved now, already take higher risk by putting effort in an early stage project. But following your suggestion they can only step in at higher price. That does not seem fair to me.
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5*10k gives only 5 individuals the opportunity. I'd say tickets of 1k or 2k with a max of 5k per individual.
Maybe we can use a smart contract for this: if is filled 3 weeks before the seed, it's executed. If it's not, money is refunded and we offer only tickets to VC's. Or we accept the partial funding TBD.
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To secure and amplify the (ambitions of) the community, i'm a strong advocate of providing community members the opportunity to participate in the seed phase as well. If we take the example from Jerry in the opening post: suppose we aim for 200k and minimum ticket size 50k. That's max 4 investors.
Why not split 1 ticket in smaller tickets for community members. With tickets sizes of 50k and up, it will only be the 'big money' that can participate, while i think we need the community members just as much. And therefor they should be able to buy a real stake and become a real part of the project they believe in.
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I'm no tech expert, but do have business and m&a related skills. If that works, i nominate myself as well
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Happy with the progress!
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Good idea to add images to the NFT's
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Looking good
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