Overview
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OpenWhat is Common Wealth
Common Wealth is an early stage investment platform for everyone - providing an all-access pass for retail investors to take control of their financial future. We are disrupting, scaling and optimising the traditional venture capital investment model using Web3 principles and technology.
By opening up access to the 99%, Common Wealth incentivises better standards of investment and investor education with crowd-sourced wisdom and scalable due diligence.
DetailsIDO (PAID Launchpad): May 22, 2024 - May 24, 2024Token supply: 1,000,000,000 WLTH LegalCountry limitations: Belarus, Democratic Republic of the Congo, Côte d'Ivoire, Cuba, Islamic Republic of Iran, Iraq, Democratic People’s Republic of Korea, Liberia, Myanmar, Sudan, Syrian Arab Republic, United States of America, Bolivarian Republic of Venezuela, ZimbabweRegistration year: 2021 | Token infoTicker: WLTHType: Utility-token Token distribution: Genesis NFT series 1 - 8.80% Genesis NFT series 2 - 2.20% NFT Staking Rewards - 0.75% Marketing - 2.40% Public Sale - 21.85% Team - 14.00% Treasury / Working capital - 20.00% Rewards & Incentives - 10.00% Exchanges & Liquidity - 10.00% Community Fund Bootstrap - 2.00% Advisors - 3.00% Council - 5.00% |
Common Wealth Roadmap
In late 2021 a diverse group of like-minded individuals with deep backgrounds in technology, videogames, venture capital, startups, merger and acquisitions, social media and blockchain to name a few. We are the core of what we hope will become a community dedicated to onboarding the next billion users to a bankless future where everyone has financial superpowers and the infrastructure to support it, where everyone can participate in decentralised investment and venture building.
Master Ventures and Metavest Capital both provided a $150,000 loan respectively to fund the small team, development and administration in order to get the project off the ground. Their intention has always been for Common Wealth to evolve into a DAO, community owned, managed and run.
Lay the technical foundations, designing
In October 2022 there was a small NFT sale to provide funding to begin the prototyping phase.
Reveal publicly. Continue designing the application & platform build - now we want to share the vision - we don’t have all the answers and even though we aren't decentralised
Second NFT sale we will now share more details, product roadmap. frame it in context of showing them planned use of funds - we are looking to raise 2 years of runway - 3 million a year - 6 million in total
Early access / Beta testing starts
Platform Launch / TGE
1st themed fund, Community Fund
Evergreen Fund
Pomote2Earn rewards program
Launch of 2nd themed fund
Learn2Earn rewards program
Launch of Participate2Earn rewards program
some off-chain governance enacted
Some on-chain governance enacted
Project team
Advisors
Social media
