Virtual Versions — Optional Refund. The VV team requested a change of KPI terms a day before the listing.
21 Sep 2023, 18:18
Virtual Versions — Optional Refund
The VV team requested a change of KPI terms a day before the listing. While we acquiesced to the revised terms, we understand that change should not happen and we recognize the importance of timely communication.
Approximately 60% of all users were able to see the information and claimed their tokens within the first 3 hours after the listing. The remaining users chose to retain their tokens with the expectation of receiving a refund.
Therefore, if you did NOT claim your tokens in the first 3 hours – there is an opportunity to get a full refund. We have conducted a scan of the on-chain data, identifying those who have claimed their tokens, so we kindly request those who claimed and realized their profits from TGE unlock in the first three hours, refrain from submitting refund requests. This option is designed to safeguard the interests of those who experienced the loss due to the post-KPI decline.
We are refunding a total of $100,000 USD in DAO tokens. This amount has been swapped into DAO tokens and here is the proof of buyback TXs.
Refund Terms:
If you did not claim in the first 3 hours – you are eligible for a refund and can fill in the form to request it. If you request a refund, you will lose all future vested tokens. Essentially, the same terms as originally communicated would apply: full refund plus TGE unlock as an airdrop. The refund will happen in DAO Tokens and it will be airdropped to the same wallet you used during the SHO.
Apply for a refund:
The form will be open until 12:00 UTC 29.09 and on 29.09. EOD you will get a refund.
For those that did claim when the $VV price was 5.5x or higher are not eligible for refund. You will receive all future vested tokens as per the vesting schedule.
We acknowledge that, regardless of our course of action, there may be participants who express dissatisfaction. However, we firmly believe that the proposed solution represents the most equitable approach, as it prioritizes those who have been most adversely affected.
DAO Maker Team
Same news in other sources
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21 Sep 2023, 18:33
Hello all! For updates on the events such as Weekly Miners Call, Monthly Pulse, Wallet Demo etc. we've created a Google Calendar. To stay informed, please subscribe to it here: https://calendar.google.com/calendar/u/0?cid=Y180N2ZlNTUwZDIzYWIxZDcwMDhjNjU4NWY1OGI2Z[…]NjE0ZTE3YzgzMzNjZWRhY2Q3QGdyb3VwLmNhbGVuZGFyLmdvb2dsZS5jb20
Hello all. For updates on the events such as Weekly Miners Call, Monthly Pulse, Wallet Demo etc.
Hello all! For updates on the events such as Weekly Miners Call, Monthly Pulse, Wallet Demo etc. we've created a Google Calendar. To stay informed, please subscribe to it here: https://calendar.google.com/calendar/u/0?cid=Y180N2ZlNTUwZDIzYWIxZDcwMDhjNjU4NWY1OGI2Z[…]NjE0ZTE3YzgzMzNjZWRhY2Q3QGdyb3VwLmNhbGVuZGFyLmdvb2dsZS5jb20
21 Sep 2023, 18:18
Virtual Versions — Optional Refund
The VV team requested a change of KPI terms a day before the listing. While we acquiesced to the revised terms, we understand that change should not happen and we recognize the importance of timely communication.
Approximately 60% of all users were able to see the information and claimed their tokens within the first 3 hours after the listing. The remaining users chose to retain their tokens with the expectation of receiving a refund.
Therefore, if you did NOT claim your tokens in the first 3 hours – there is an opportunity to get a full refund. We have conducted a scan of the on-chain data, identifying those who have claimed their tokens, so we kindly request those who claimed and realized their profits from TGE unlock in the first three hours, refrain from submitting refund requests. This option is designed to safeguard the interests of those who experienced the loss due to the post-KPI decline.
We are refunding a total of $100,000 USD in DAO tokens. This amount has been swapped into DAO tokens and here is the proof of buyback TXs.
Refund Terms:
If you did not claim in the first 3 hours – you are eligible for a refund and can fill in the form to request it. If you request a refund, you will lose all future vested tokens. Essentially, the same terms as originally communicated would apply: full refund plus TGE unlock as an airdrop. The refund will happen in DAO Tokens and it will be airdropped to the same wallet you used during the SHO.
Apply for a refund:
The form will be open until 12:00 UTC 29.09 and on 29.09. EOD you will get a refund.
For those that did claim when the $VV price was 5.5x or higher are not eligible for refund. You will receive all future vested tokens as per the vesting schedule.
We acknowledge that, regardless of our course of action, there may be participants who express dissatisfaction. However, we firmly believe that the proposed solution represents the most equitable approach, as it prioritizes those who have been most adversely affected.
DAO Maker Team
Virtual Versions — Optional Refund. The VV team requested a change of KPI terms a day before the listing.
Virtual Versions — Optional Refund
The VV team requested a change of KPI terms a day before the listing. While we acquiesced to the revised terms, we understand that change should not happen and we recognize the importance of timely communication.
Approximately 60% of all users were able to see the information and claimed their tokens within the first 3 hours after the listing. The remaining users chose to retain their tokens with the expectation of receiving a refund.
Therefore, if you did NOT claim your tokens in the first 3 hours – there is an opportunity to get a full refund. We have conducted a scan of the on-chain data, identifying those who have claimed their tokens, so we kindly request those who claimed and realized their profits from TGE unlock in the first three hours, refrain from submitting refund requests. This option is designed to safeguard the interests of those who experienced the loss due to the post-KPI decline.
We are refunding a total of $100,000 USD in DAO tokens. This amount has been swapped into DAO tokens and here is the proof of buyback TXs.
Refund Terms:
If you did not claim in the first 3 hours – you are eligible for a refund and can fill in the form to request it. If you request a refund, you will lose all future vested tokens. Essentially, the same terms as originally communicated would apply: full refund plus TGE unlock as an airdrop. The refund will happen in DAO Tokens and it will be airdropped to the same wallet you used during the SHO.
Apply for a refund: https://forms.gle/5ih6wvhjr6Hz2aMt8
The form will be open until 12:00 UTC 29.09 and on 29.09. EOD you will get a refund.
For those that did claim when the $VV price was 5.5x or higher are not eligible for refund. You will receive all future vested tokens as per the vesting schedule.
We acknowledge that, regardless of our course of action, there may be participants who express dissatisfaction. However, we firmly believe that the proposed solution represents the most equitable approach, as it prioritizes those who have been most adversely affected.
DAO Maker Team