Projects

What problems is ShineDAO solving for early-stage teams?

‌Early stage crypto teams require a certain mix of resources to develop their project in a quick and sustainable way. They need:
  • capital to cover costs (audits, individual salaries, deployment costs, legal audits, ...)
  • advisors that possess expert knowledge,
  • early-stage users that can provide feedback,
  • ability to build trust and credibility,
  • ambassadors helping with exposure,
  • recourses to meaningfully reward the early community of contributors.
Traditionally, these projects seek VC funding to obtain these resources and scale up their development.
‌The current system with VC funding hybrids has an inherent conflict of interests between the token and equity holders. VCs are seldom interested in acquiring tokens in a potential project but rather equity in an established entity. Friction can occur if the opinions of equity holders are different from token holders. In essence, you end up with 2 separate systems of governance, where one system has to win.
We see this as a "tug of war" where the project founders are the rope, pulled between two major forces.

How are we solving these problems?

Choosing the right fundraising platform as an early-stage team is difficult, and we believe that maximizing project success requires more than just the provision of capital. Furthermore, we want to be true to DeFi and enable a way for projects to grow outside of the centralized system.
‌We are proud to present products that allow teams and communities to engage in new incentivized relationships: SEED and SWAP. To find descriptions of SEED and SWAP, please refer to the overview page.

SEED: Why raise funding from ShineDAO supporters?

  1. 1.
    Capital for your project from DeFi and Web3 founders, devs, designers, bridge builders, community managers, and influencers
  2. 2.
    1 agreement, 100+ individuals with “skin in the game”
  3. 3.
    Community of engaged early adopters

SWAP: Why get execution support from ShineDAO contributors?

  1. 1.
    Access to 100+ ShineDAO frens (vetted individuals in talents and advisors network)
  2. 2.
    Ability to utilize own illiquid tokens to incentivize contributors
  3. 3.
    1 agreement, 100+ individuals with “skin in the game”

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