SubDAO “Starry Sky Program” Token Sale Launches Now

The SubDAO Starry Sky Program launches now. Read carefully to make sure you have understood everything related to this program.

Governance TL; DR

Token Sale Schedule on Different Platforms

Schedule: Nov. 3rd, 12:00 PM — Nov. 6th, 12:00 AM (UTC)

Bounce.Finance: https://certified.bounce.finance/certified-sales

Schedule: Nov. 3rd, 12:00 PM — Nov. 4th, 12:00 PM (UTC)

Gate.io: https://www.gate.io/en/startup/249

Schedule: Nov. 4th, 8:00 AM — Nov. 5th, 8:00 AM (UTC)

MEXC Global:

https://www.mexc.com/mday/detail/16e5c3b1d3e445039218a9544922fa33

Schedule: Nov. 4th, 8:00 AM — Nov. 5th, 8:00 AM (UTC)

Token Sale on SubDAO Official Website

Note: All of the $GOV Token assets will be Substrate-Based Token.

What is SubDAO

SubDAO is a DAO infrastructure based on Polkadot. It allows any decentralized organization to swiftly create and manage DAOs. We are committed to serving as a Web3.0 entry by providing blockchain-based digital agreement signing, DAO social networking, asset management, and other tools and services.

SubDAO has completed multi-million dollars financing from dozens of institutions including Huobi Ventures, OKEx Blockdream Fund, CMS, Hypersphere as well as investment by Messari founder Ryan Selkis. The founding team of SubDAO is composed of the former Technical Team leader of the IBM Group and many early well-known developers and community initiators from Polkadot.

Backed by

Click to know more.

GOV

GOV Token Economics

GOV, short for “Governance”, is the native token of the SubDAO network. The total supply of GOV is 1 billion, with an annual inflation rate of 5%.

Gas

Governance

Staking(Mining)Rewards / Network Incentive

Payment for Service / Product

Token Sale on Official Website

Schedule: November 3rd, 12:00 PM — November 6th, 12:00 AM (UTC)

Vesting schedule: 50% releases on TGE (December. 4th) and the rest 50% releases 3 months later. Trading starts on Dec. 4th

Soft Cap: $7,500,000

Hard Cap: $15,000,000

Price: $0.15 ~ $0.3/ GOV

Hard Cap Per Wallet Address: Unlimited

Deposit Token: USDT(ERC20)

Three Phases of Token Sale on Official Website

The total value that can be committed across all participants’ wallets is capped at $15,000,000 notional, at which point no additional commitments will be accepted.

  • If total commitments ≤ $7,500,000, then $GOV will be at $0.15. Limited price discovery begins once $7,500,000 of assets have been committed.
  • $GOV will undergo limited price discovery up to $0.3 until the total commitments reach $15,000,000.

Note: During this phase, you can deposit USDT to increase your bid or withdraw USDT if you want to reduce your bid.

Second Phase: The second period is the grace period and will occur during the last 24 hours of the sale. During the phrase, you can only deposit USDT to increase your bid.

Final Phrase: On December 4th, you can swap the token to your wallet. And you can trade GOV on Gate, MXC and many other platforms which will be annouced soon.

Participation Tutorial

  1. Open the website 15 minutes early before the token sale starts and connect your wallet to SubDAO.

Metamask and other wallets supported by Wallet Connect are available. Make sure you have prepared enough ERC20 USDT in your wallet.

Connect your wallet

2. Click “Deposit” or “Withdraw” and sign to deposit or withdraw your bid.

Deposit or Withdraw

Token Sale On Other Partner Platforms

  1. Bounce Finance

Schedule: November 3rd, 12:00 PM — November 4th, 12:00 PM (UTC)
Join Now: https://certified.bounce.finance/certified-sales

2. Gate.io
Schedule: November 4th, 8:00 AM — November 5th, 8:00 AM (UTC)
Join Now: https://www.gate.io/en/startup

3. MEXC Global
Schedule: November 4th, 8:00 AM — November 5th, 8:00 AM (UTC)
Join Now: https://www.mexc.com/mday/detail/16e5c3b1d3e445039218a9544922fa33

Legal Disclaimers

Before submitting your ETH address or participating in the SubDAO Starry Sky Program, you must affirm that you are not located, incorporated, or a citizen or resident of: the United States of America, Hong Kong (HKSAR), People’s Republic of China, the Republic of Seychelles, Bermuda, Burundi, Central African Republic, Democratic Republic of Congo, Eritrea, Guinea-Bissau, Libya, Mali, Palestine, Somalia, South Sudan, Western Sahara, Yemen, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, Sudan, or any state, country, or jurisdiction where it would be illegal according to applicable law for participation.

Follow SubDAO

Medium: https://medium.com/@subdao

Twitter: https://twitter.com/subdao_network

Telegram: https://t.me/subdao

Discord: https://discord.gg/Z8jtYqWbbN

Github: https://github.com/SubDAO-Network/