1/ Mori Finance is launching on @MetaDAOProject. The raise opens Nov 9 at 11am Pacific
• A few friends told me not to. They said the terms are too friendly to token holders and too harsh on founders
• That’s exactly why I chose it
Exciting news to share:
I'll be joining @MetaDAOProject as an advisor.
From the moment I met both @metaproph3t and @mitchellsniffle, I knew they were onto something special.
Our goal is simple: help app builders win.
No, you don't need to be an MIT CS major or a Berkley PHD to raise money. Instead, you just need to be scrappy, hard working, and have a desire to WIN above all else.
I'm very excited to a) help builders raise capital for their app ideas and b) provide a voice to the MetaDao team from within the app community.
And as always, my messages are open if you want to talk apps.
@matija_sol We shall raise money on the beaches
We shall raise money on the landing grounds
We shall raise money in the fields
And in the streets
We shall raise money in the hills
We shall never surrender
MetaDAO Apps Program
We're launching a new fundraising program built for consumer app founders.
Compared with our usual raises, apps raise smaller amounts and allocate a smaller share of their token supply to backers.
Founders can also begin selling earned tokens sooner, subject to performance milestones and sales limits.
Our first team is @1609SAT, an SAT prep app with 400+ paying students and ~$5k in monthly revenue in its first three months.
1609SAT's $100k raise opens tomorrow at 11am PT. MetaDAO will be contributing $50k.
Explore the app and read the raise terms linked below.
Building a consumer app? Reach out to @mitchellsniffle.
MetaDAO Apps Program
We're launching a new fundraising program built for consumer app founders.
Compared with our usual raises, apps raise smaller amounts and allocate a smaller share of their token supply to backers.
Founders can also begin selling earned tokens sooner, subject to performance milestones and sales limits.
Our first team is @1609SAT, an SAT prep app with 400+ paying students and ~$5k in monthly revenue in its first three months.
1609SAT's $100k raise opens tomorrow at 11am PT. MetaDAO will be contributing $50k.
Explore the app and read the raise terms linked below.
Building a consumer app? Reach out to @mitchellsniffle.
We're investing $50k-$100k into scrappy app builders.
Plus:
- $5k/mo in ad spend
- Mentorship from @kyanbuilds, @saidoesthings and @MaxHirsch13
- Elite design work from @0xGala (10 yrs in consumer apps)
If you're scrappy and want to get to thens of thousands of users.. DM me
Update on the @overdotcomputer raise:
We’re postponing the launch while adapt our legal structure for Over’s fundraise. It’s taking longer than we expected, so we’re not setting a new date until that work is done.
The raise is oversubscribed, having more in pre-commitments than total capacity. We’ll announce a date once we have one we can stand behind.
Update on the @overdotcomputer raise:
We're delaying the launch while we finalize Over's fundraise terms and legal structure. We'll share an updated launch date within the next 48 hours.
MetaDAO and Over apologize for the delay. We're moving as fast as possible to get this live.
Rip Cars (solana:CARSsxWPkpQWvfyRBwfGMGvysJBHdHGfE46X5MNgmeta) raised $250k on MetaDAO 3 months ago.
Founders @allocateur and @AgentMechanic worked tirelessly to get the product out a month later.
As soon as they launched, they had so much demand they sold out ALL their inventory within a few hours.
Couple weeks later, they had $1.5M in their pockets from angel investors and VCs.
This is the story of RipCars: Raise early, raise less, prove demand, then raise again
fwiw, the @ripcarsio playbook is extremely powerful for consumer products and only really possible on @MetaDAOProject:
1. raise the minimum viable amount from potential users
2. prove out the idea while integrating their feedback
3. once you’ve shown p/m fit raise more from investors to scale it
the beauty here is that you invert the status quo: professional investors buy higher than your initial users who believed from day 0
there’s nothing quite like it
We’re excited to announce that Rip Cars has closed its $1.5M strategic round, backed by an incredible group of investors:
@dba_xyz, @Colosseum, @KyleSamani, @Novora_, @Allinbitcoin_, @Sacha, and Erik C.
This round brings us one step closer to building the world’s largest marketplace for collectible Hot Wheels.
Update on the @overdotcomputer raise:
We're delaying the launch while we finalize Over's fundraise terms and legal structure. We'll share an updated launch date within the next 48 hours.
MetaDAO and Over apologize for the delay. We're moving as fast as possible to get this live.
In the past year, we've helped 26 companies raise $46M from 150,000+ people on the internet.
Trillions of dollars have been generated in private markets. Almost nobody got access.
Our vision is to give EVERYONE access to phenomenal early-stage startups.
@MetaDAOProject
METADAO perpetuals are first on Phoenix.
@MetaDAOProject runs fundraising and governance on Solana through futarchy. Proposals pass or fail on market prices, not token votes.
https://t.co/fPU7hvfqi4