Details on funds raised
Last updated
Last updated
The club intends to raise a total of roughly $372,000 through a single private sale and presale, available only to current members of our crypto families. There will be no seed round, venture capital funds or shadow investors holding stake in the background. This number will vary based on how close the presale comes to the hard cap. If HC is hit everything will be funded, if its not hit funding will be allocated based on the priority of each category. Keep in mind these values will ebb and flow a little with the price of BNB.
How the raised funds will be spent:
Expenditure | Amount | Funding Priority |
---|---|---|
Investment Pool A
$75,000
3
DEX Liquidity
$65,000
2
Front End Operations
$30,000
4
Startup pre launch costs
$47,000
1
Development
$50,000
5
Purchase of $VETTER
$10,000
7
Purchase of $VSL
$20,000
6
Investment Pool B
$75,000
8
Total
$372,000