Proposal Details
Seed Club help creators, communities and brands launch and grow social tokens and earn a percentage of their tokens in exchange.
Our core offering is a cohort-based program that helps token creators design their offering and launch their project. Creators contribute 3% of their tokens to participate in the group.
The more creators we help to launch successful tokens, the more valuable the tokens in the Seed Club treasury will be.
Details:
We’re raising $100,000 USDC to fund operations of the Seed Club DAO. Collaborators will be granted non-transferable tokens which enable governance participation in the DAO.
Initial Allocation
5% to new collaborators who pledge capital Up to 1% to Cohort #1 creators (in exchange for contribution of their social tokens) Up to 5% to existing collaborators DAO members will vote on fair distribution of tokens to existing collaborators 89% To Treasury (governed by token holders and to be used to incentivize future work)
DAO Details
Nontransferable tokens representing voting power Creators contribute their social tokens to the vault (managed by token holders) Collaborators contribute USDC to the vault Unallocated Seed Club DAO tokens live in vault and governed by DAO token holders. 50%+ 1 to pass votes. Quorum at 15% + 4 days.
This allocation into the Seed Club DAO will be at a maximum of $10,000 USD, it is possible that The LAO will contribute less than this to Seed Club (min contribution being $2,500