Closed: The Valis Stablecoins Seed A Fundraiser concluded on November 30, 2024, raising $100,000 USDT to support the development of Valis Stablecoins.
At Valis, we are developing Valis Stablecoins — the world’s first truly free, scalable, transparent, consistent, and instant stablecoins. By leveraging Qubic for high-throughput, feeless transactions, and Valis Network for unparalleled scalability, we’re building the future of stablecoins.
We see the stablecoin market poised for explosive growth across both the cryptocurrency and traditional finance sectors. Our goal is to seize this opportunity, and we invite you to be part of this transformative journey.
We are now launching our first fundraising initiative to support the development of Valis Stablecoins. This initial seed fundraiser presents a unique opportunity for investors to become early stakeholders in this groundbreaking project.
The concept behind issuing stablecoins is straightforward: When you provide a dollar, the stablecoin issuer (in this case, Valis) creates a token redeemable for one dollar at any time. To uphold this commitment, Valis stores the dollar in highly liquid assets, like short-term U.S. Treasury bonds, which retain their value and yield interest. Valis retains these earnings since the redemption pledge remains at one dollar.
In return for their investment, approved participants will receive VSTABLE tokens. These tokens grant holders a right to a share of the net profit generated by Valis Stablecoins. With a total supply of 100 billion VSTABLE tokens, 1 billion tokens equates to a 1% share in the generated net profit from Valis Stablecoins.
Our fundraising strategy for Valis Stablecoins sets us apart from many crypto projects. Rather than launching a typical ICO with the full supply issued upfront or relying on bots, vanity metrics, memes, and rocket emojis, we are taking a deliberate, phased approach. Please review the details below to ensure mutual alignment and to understand our vision and process.
To minimize unnecessary dilution, raise capital only when needed, and adapt to market conditions, we will conduct a series of small funding rounds. Each round will be initiated based on demand from both investors and Valis. Once the Valis Stablecoins project matures and achieves self-sufficiency, these sequential rounds will be discontinued.
Our goal is to partner with a select group of investors who are fully aligned with Valis' vision and strategy. We prioritize quality over quantity—choosing discerning individuals and trendsetters who recognize true value and are not easily swayed by fleeting narratives. We'd rather raise less from aligned backers than more from those who aren't a fit.
While investors are free to decide where to allocate their capital, Valis reserves the right to choose its investors. Unlike most crypto projects, our fundraising process is not open to everyone. We retain the right to accept or reject any investor at our discretion. We carefully vet each potential backer, both before initial discussions and throughout the token issuance event, ensuring alignment with our long-term vision and values.
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Round A of the Valis Stablecoin Seed Fundraiser is designed to reward the first investor to initiate the fundraiser with the best price available in the Seed Fundraiser.
Operating under a fixed-price mechanism, Round A offers tokens at $0.0001 each. It is uncapped, allowing for unlimited token sales, and requires a minimum investment of $100,000.
Investments can be made in USDT or QU. Valis will evaluate QU bids based on their USDT value at the time of transfer, minus a 5% adjustment to cover conversion fees and risks.
Participation in this round is by invitation only and limited to a small number of pre-selected investors, ensuring a focused and strategic allocation of tokens to a carefully chosen group.
Round A will begin on November 30, 2024, and conclude on December 1, 2024. Tokens will be issued immediately upon receipt of the investment transfer.
By participating in the fundraising round, investors agree to the terms governing the VSTABLE Token (currently in the VSTB001 version), as outlined in the VSTABLE Terms in effect. These terms govern the rights and obligations related to the revenue share from Valis Stablecoins.
The VSTABLE Token terms are subject to periodic updates. To continue receiving revenue share, investors must accept the updated terms for each new token version. Updated terms will be provided prior to the issuance of any new token version, and continued participation will require explicit consent to the updated terms.
Failure to accept the updated terms for future versions of the VSTABLE Token will result in ineligibility for any further revenue share from Valis Stablecoins.