Overview
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OpenWhat is Figure DAO
Figure DAO is a decentralized community middleware between the Foundations of leading L1/L2s and their project pipelines. Proudly working with ETH, BSC SmartChain, Arbitrum, for interchain future.
Our proposition is a simple one. We want to assist every project that seeks initial investments for taking off to do it in the most efficient way. That efficiency is not limited to a unique fundraising profile, but is maintained throughout every single alternative we provide. With Figure DAO, projects will be able to raise funds in a swift and low-cost manner, without disregarding current DEX fundraising shortcomings. We face head on extreme volatility, front-running, and other unaccounted intricacies of the fundraising process. Our RegTech and compliance toolbox allows us to provide an entire novel user experience.
DetailsIDO (PinkSale Launchpad): Mar 13, 2023 - Mar 15, 2023Token supply: 20,000,000 FDAO Total tokens for sale: 7,643,312 FDAO Soft cap: 12,000 USD Hard cap: 200,000 USD LegalBlockchain Platform: Binance Smart ChainRegistration year: 2023 | Token infoTicker: FDAOType: Utility-token Token standard: BEP-20 Token distribution: PRESALE - 38,21% LIQUIDITY - 21,78% STAKE - 10% CEX LISTING 1 - 10% CEX LISTING 2 - 5% DEVELOPMENT PROJECT - 5% ADVISOR - 5% MARKETING - 5% |
Figure DAO Roadmap
During the first Phase, we plan to release Figure DAO - FDAO on the Binance Smart chain mainnet with its core features - fixed price pools, FDAO token staking for pool access, and liquidity mining. We began working on Phase I and Phase II deliverables almost 1 months ago.
Throughout the second Phase, our intent is to release the full set of features for Figure DAO, enabling a much more flexible fundraising process as well as deeper integration of the FDAO token’s utility, we also expect to release Figure DAO on the Ethereum mainnet during this time. In parallel, we will collaborate with our business partners (centralized exchanges and wallets) towards building a BSC-Ethereum bridge which will allow anyone to deposit, trade, and withdraw FDAO as either Ethereum and BSC native token.
While we believe that Figure DAO will be launched on the ETH mainnet in Q2 2023, we want to reserve sufficient room for development as we will have to code from scratch the entire smart contract codebase in the new layer 2 Arbitrum. Figure DAO should be launched on the Arbitrum mainnet and development on BSC/ETH and Arbitrum is to follow.
In this phase, we expect to deploy the DAO governance solution into all networks and bridge all together.
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