Some personal thoughts and clarifications on the community sale:
1) This is an additional sale for the community, taken from the developer allocation. It's meant to extend participation in the project beyond the virtual community.
2) If you have enough Virgen Points and are happy with your allocation after dilution, then all good. welcome to Backroom. But there are also people with few or no Virgen Points who might still want to get involved. The community sale is for them.
3) The
$ROOM TGE will happen while the community sale is live. If you're unsure whether the community sale is a good opportunity, just wait and compare it to the FDV on the secondary market. Simple.
4) The FDV is flexible, between $1.25M and $5M max, depending on how much is raised. that is, how much demand there is. Personally, I think this is a much better/fairer approach than fixing the fdv because it lets the community decide what they think the token is worth at this stage. It's even easier to assess when you can compare it with the open market fdv.
5) By adding a max fdv, we ensure that no one ends up with an higher fdv than expected.
6) We changed the min/max allocation per wallet. Honestly, we completely forgot we had previously set a 2 ETH cap in the docs. sorry about that. Pre-TGE and pre-sale periods are super hectic and busy, especially with this much attention. Weβre happy to revert the cap from 5 ETH back to 2 ETH if thatβs what the community prefers. Good catch
@Deebs_DeFi. appreciate you pointing it out. Weβll address it tomorrow.
7) Anyone can join the community sale. there are no requirements. Itβs first come, first served. The sale will be open for 24 hours, with a few of those hours post-TGE to allow for even more accurate considerations.
Appreciate all the feedback. Drop your questions below.
Regards, Lennart