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I probably shouldn't even be posting this.
The $PROPR whitelist closes in under 2 hours, and I'd rather the people I like get in before it's gone.
Do with that what you will. ๐คซ
Vault #1 of the $PROPR seed round is live.
Whitelist has two hours of early access before the public.
You need USDC on the Ethereum network to participate.
Link below.
It's a special day. This is Vault #1 of Propr's seed round.
For those of you who have followed the Propr journey: I am giving this everything I have. And I'm giving it everything because I know we can win. The prop firm industry is plagued by a lack of transparency, poor UX, and zero user alignment. Winning, to me, means creating a new standard for the industry by leveraging crypto technology.
The crypto industry is depressed right now. But I see the light. Crypto enables businesses to operate in uniquely efficient ways, and Propr is no exception. From on-chain payouts to perps with auditable fills and order books.
I am going to war. A war with an entrenched industry, and it will be a tough journey.
But I genuinely believe that with:
- Utmost transparency, inheriting the properties of an open ledger and publishing our operational metrics in the open
- Superior product UX , from the offering (perps on anything) to the trading terminal. Most prop firm UX still sucks
- User alignment, giving back to users from value generated. This is a tremendous driver of growth and distribution, which is the crux of scaling a prop firm
We can bring innovative models to the prop firm industry, with new capital structures, new assets like Solana spot, and prediction markets through HIP-4/Polymarket. There is a massive opportunity to become the number one company that finances edge. It will be challenging, but it's a trade I like.
One important note on the seed round: if you have never invested in seed rounds before, please don't invest here. You need to be comfortable with roadmap changes, delays, and uncertainty. If you can't handle any of that, this simply isn't for you. And please, don't FOMO in. Do your research, try the app, join our Discord. We have ample documentation.
Some have said we'll never sell out the vault, maybe they're right. I will fill any unsold allocation with personal capital. What matters to me is giving retail investors the chance to come in early and reap the benefits. It's what I chose to do with XBG from 2022 to 2024, which generated approximately $20M in unlocked unrealized PnL for retail investors at the peak.
Thanks for following the journey, it means a lot to me.
It's time to KYC for the $PROPR seed round.
Vault #1 opens this Thursday at 12:00 UTC. $300k cap at $17.5m FDV, unlocked at TGE. Whitelist gets 2 hours of early access.
Get ready. Link below.