Development updates
Its been several weeks since our last medium update, and as usual, we have much to report on the time that has passed. The team has been busy on many fronts, governance, marketing, legal formation, and token launch preparation; keep reading to take a more in-depth look at each section.
Governance
Fundi token FF was launched in December on the dodo exchange. As you will remember, since being live, the governance token FF has played a part in several voting rounds on the Fundi Finance DAPP (decentralized web3 app). https://vote.fundifinance.com/. This has been the key focus of the Fundi team in releasing the DAO token we can design the overall system with our investing community. Already we have had three board proposals and three verdicts from voting FF holders; the three proposals were concerning:
1) Our utility token CRA sale structure
2)Adding a second blockchain to Fundi (Nuls Blockchain)
3)Development of our real estate launchpad dapp.
Governance is here to stay, and the board proposals will only increase as we progress along with the road map and as revenue increases.
Marketing
Marketing continues to be mainly organic. To date, as a team, we are pretty pleased with how little we have spent on marketing, and we continue to build a strong base on media platforms while in this early stage of company formation. The team has appeared in many AMA and crypto chats over the last eight weeks. Here are a few to catch up on:
AMA/RD Labs (Rug Detectives) https://t.co/QTEUytm3tv
Nuls Twitter space Crypto Corner https://twitter.com/i/spaces/1YqxopZkBdZKv?s=20&t=6nj-2tJUqE_pQ2nlq3Qvvw
YouTube ALL THINGS BLOCKCHAIN https://youtu.be/c_hIKu_ljbw
Fundi team has also been busy on the Fundi Youtube channel, Fundi Finance — YouTube releasing project information for those who want to learn about us.
Legal Formation
The big topic, as always, is to continue the legal steps correctly. The final company formation papers are back in headquarters, Georgia, and have been signed KYC by the legal notary, the LLC will be formed any day. This is a huge step forward for Fundi Finance, and we believe being a public KYC team with an LLC formation will clarify us to the angel investors we need to attract to the project.
Quote,
CEO Des Prout
“Once LLC formation is complete, and we have the registration number, the company can move forward; we have requests out to angel investors in the USA, next we will request to the UK, EU, and GEO. Even things like a Facebook corporate account can not be done without a registration number, so its very vital to real progress”.
Notary KYC document
https://1drv.ms/b/s!Ase6OFZREJGOqQiHwC2H9ZTbFJOj?e=e0bh6g
Capital Funding
Fundi Finance has already placed appeals publicly for angel investors. For those interested, you can email founder@fundifinance.com. You can view a recent request here https://www.linkedin.com/jobs/view/2901052207/. Fundi Finance LLC is seeking capital funding for business equity at this stage.
CRA token launch
The planned road map for CRA launch is:
1)Whitelist private sale
2)IDO on Ninja swap and DODO exchange
3)Launch on Ninja and Dodo
The team is currently marketing the whitelist sale and actively seeking participants from AMA and video chats, we are actively touring venues. The team has mentioned that once the whitelist reaches sale capacity, they will announce the date and plan the IDO round soon after.
The Whitelist Private Sale
This sale is private, and to participate, a user must have their wallet address whitelisted. The team has been doing this over the weeks, and if you want a whitelist sale spot, join telegram, watch out on our Twitter your see the chances pop up. The whitelist sale is a pre-IDO round, and as you would expect, the token price is cheaper at this investment stage. During the whitelist, CRA tokens are priced.
50% @ $0.008 and 50% @ $0.013. More will be announced once the whitelist is full.
The Initial Dex Offerings
The IDO’s will happen on both Ninja Swap and Dodo Exchange, the first IDO on Ninja swap, and CRA tokens will cost $0.02.
