The ISO is in sight and a date will be announced soon on our socials, be sure to follow us.
We want to be owned and run by its contributors and community. The strongest projects start with their supply in the hands of the community. But how do we start like this? We need to raise funds to back initial supply, which means the go-to of liquidity mining won’t work. We have to do a pre sale (Initial Social Offering) like so of Olympus DAO and others.
- Only people have supplied their address to the discord channel #polygon-address will be eligible to participate (white list is now closed)
- 50,000 VSQ will be offered for sale
- Participants can only purchase their prorated share
- The offering price will be 15 MATIC per VSQ
- Liquidity will be added to Sushi soon after
- Presale lasts for a maximum of 4 days
If you’ve ever participated in a launch sale, you know that even the best setups can be gamed. There’s always a risk of bots and whales scooping up all of the supply before the little guys, generally the people who truly make the project successful, have a chance to get in.
We batted around a few ideas to mitigate this, but all of them still seemed too heavily skewed towards net worth. We don’t really care how much money you have. You can save that buying power for when we’re trading. What we want right now is a wide distribution among those who have taken interest and are ready to get involved.
- If you have supplied your address to the discord channel #polygon-address, you are eligible to take part in the launch sale. You will be whitelisted. If this makes you uncomfortable, you can wait to buy anonymously once trading opens.
WHITE LISTING IS NOW CLOSED!
The initial supply of VSQ will be 68,260. 50,000 will be offered to launch event participants, and 18,260 will be added as initial liquidity to Sushi.
Each participant can only buy their pro rata share of the offering. If 500 discord members are whitelisted, each one will be allocated 100 VSQ. When you buy, you are removed from the whitelist; so, if some people buy less than their share, everyone who has not yet bought will get a higher allocation.
You can buy VSQ during the presale period if you have been whitelisted. The sale price is 15 MATIC per VSQ. The funds will be used to back the VSQ sold and provide initial liquidity.
If we are 100% subscribed, the sale will bring in 750,000 MATIC. 500,000 MATIC will be deposited to the treasury to back initial supply. The remaining 250,000 MATIC will be added as liquidity. The LP will open with 250,000 MATIC and 18,260 VSQ.
The ISO will take place via the Vesq platform, and only whitelisted addresses will be able to participate, not to worry we will be launching the full platform shortly after, so you can get your hands on some VSQ by purchasing Bonds.
We will be conducting audits on our ISO contracts via Paladin to ensure safety of users funds, as always DYOR.
Please note we have changed a few things from our earlier Medium posts, main things being the presale price of VSQ from $15 to now 15 MATIC and how much we add to the treasury and liquidity (Sushi).
Twitter: @VESQHQ
Medium: vesq.medium.com
Telegram: t.me/vesqhq
Discord: discord.gg/vesq
Website: vesq.io
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Inc. (“Vesq” or the “Company”), its crypto-assets, business assets,
strategy, and operations, is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities,
options, futures, or other derivatives related to securities in any
jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Vesq and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Vesq expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Vesq reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Vesq nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.
