Membership opportunity 1 - Enterprise

This proposal seeks approval from the CryptoSI DAO community to release a specified number of CRDD tokens from the DAO's treasury. The primary intent of this release is to facilitate the sale of these tokens, allowing for further distribution of CRDD within the broader crypto community, and generating liquidity and funds that can be reinvested into the DAO’s ongoing and future projects.

Proposal

Objective: The objective of this proposal is to initiate the release of CRDD tokens from the DAO’s treasury. By making these tokens available for sale, we aim to increase the liquidity of CRDD on decentralized exchanges, enable new participants to join the DAO, and generate additional funds to support the DAO’s initiatives.



Details of the Release:


  • Token Quantity: The proposal recommends releasing one hundred million[100,000,000] CRDD tokens from the treasury.

  • Distribution Method: The tokens will be offered on Vulcanpad.tech in this ICO - https://app.vulcanpad.tech/details/?chainId=42161&id=0x10255397c73bB1F2477EA695BB7a19415015553f

  • Timing: The release will be executed over 1 month and raise just under 4 eth.

  • Pricing Strategy: The sale of tokens will be conducted at market rates, with the possibility of adjusting the release strategy based on market conditions to maximize returns and minimize price volatility. Tokens are priced so as to raise 3.8 eth


Purpose of the Sale:

  1. Increase Liquidity: By releasing these tokens, we will enhance the liquidity of CRDD on decentralized exchanges, making it easier for members and potential investors to buy and sell the token.

  2. Expand Participation: This release will allow more individuals to acquire CRDD tokens, thereby increasing the number of active participants in the DAO’s governance. Greater participation will lead to a more decentralized and democratic decision-making process.

  3. Fundraising: The funds generated from this sale will be redirected into the DAO’s treasury. These funds can be utilized to support the development of new dApps, invest in promising projects within the crypto ecosystem, and fund other initiatives that align with the DAO’s mission.

  4. Treasury Management: This proposal also considers the importance of maintaining a balanced and healthy treasury. By selling a portion of the tokens, we can diversify the DAO's assets, potentially converting some of the proceeds into stablecoins or other cryptocurrencies as a hedge against market volatility.


Governance and Execution:

  • The execution of this token release will be overseen by the DAO’s treasury management team, in conjunction with community input.

  • Regular updates on the progress of the token sale will be provided to the community, including details on the amounts sold, prices obtained, and funds generated.

  • A percentage of the tokens released for sale may be allocated for strategic partnerships, airdrops, or community incentives as deemed appropriate by the DAO.


Conclusion: This proposal is designed to strengthen the overall health and sustainability of CryptoSI DAO. By releasing these CRDD tokens, we not only enhance liquidity and expand our community but also secure additional funds to drive the DAO’s growth and ensure it remains a leading force in the decentralized space. Your support and vote are crucial in making this vision a reality.

We look forward to the community’s feedback and encourage all members to participate in the discussion and voting process.

Voting

Proposalhas beenaccepted

Yes

10B

GCRDD

Abstain

0

GCRDD

No

0

GCRDD

Support

100%

10B

of 10B GCRDD

Minimum participation

1,000%

10B

of 1B GCRDD