New Vested Sale opens on TruePNL — introducing XDAO

TruePNL
5 min readMay 27, 2022

We are pleased to present XDAO, a new Vested Sale going live on the TruePNL Launchpad today, May 27 at 14:00 GMT.

The Sale will be conducted using our updated model, so our users can buy tokens with USDT or spend PNLg points to reduce the cost of the allocation.

Now all KYC verified TruePNL users can buy their allocation using USDT or through PNLg points they’ve collected by holding PNL tokens or have received by Staking $PNL.

About XDAO

XDAO is a unique tool for creating Decentralized Autonomous Organizations (DAOs) and jointly managing crypto assets in just a few clicks.

Created with the idea to make DAOs the place for crypto mass adoption XDAO provides the tools for groups to control mutual treasury, build
communities and invest in DeFi. To make your own DAO, you no longer need to understand the code or be able to write a smart contract: with XDAO, it will take less than one minute to create your own Decentralized Autonomous Organization.

A significant advantage of the platform is the use of a chain-agnostic approach. This means that DAOs can be created on any known EVM-compatible blockchain.

With XDAO, users can implement Full or partial management of the DeFi project treasury; salary treasury/marketing treasury for any blockchain organization; grant program/bug bounty treasury; investing in DeFi with total assets; investing in NFT and GameFi; charity; joint participation in any Allocations, IDO, Launchpad; family treasury management and many other use cases.

DAO use cases

  • Trust Management: Collect funds and invest in other projects through launchpads and other platforms
  • Venture Investments: Reducing the risk of loss of funds. Make decisions about spending in invested companies
  • Hedge Funds: Connect to any DeFi protocol and deliver liquidity through the DAO
  • Gaming Guilds & NFT Funds: Create a DAO and use it as a guild by jointly buying and selling NTFs
  • Project Money Management: Management of your shared project budget
  • Charity: Distribute funds transparently and securely through the DAO

Highlights

  • Winners of Binance, Polygon, Near, Tron, and multiple other hackathons. XDAO has won and received grants from nine challenges, including Binance Smart Chain NFT & DeFi Hackathon, Polygon Grants Hackathon, HECO Chain Gaming Hackathon, NEAR Foundation, TRON Grand Hackathon 2022, and many others.
  • ~$20 million in TVL, 1500+ DAOs on XDAO with 100k Monthly Active Users
  • CGU, Panony, AngelsDeck, and other leading investors are already on board. XDAO also partnered with real estate developers in Indonesia, GameFi fund, gaming guilds, crypto liquidity providers, and other notable ventures.
  • Comparable DAO projects had an ROI of 224x to 1,291x.

Grants and Awards

VCs and funds

Partners: PARQ Ubud, CGU, Evolve Capital, Symbiosis Finance, Impossible Finance, TruePNL, DeepDAO, Ferrum Network, Infam, DigiNation, Chrono.tech

Funds: CGU, PANONY, SilverFoxFund, Angelsdeck, Croc Capital, Punch Capital, Afford Capital, TimeX

Tokenomics

All of the operations within the XDAO Ecosystem will be performed through the use of the native token, which will serve multiple purposes, thus enhancing token utility.

Comparison

The first full-fledged modular DAO creation tool

Roadmap

100k monthly active uses. XDAO has accumulated nearly $20,000,000 in TVL and had 1500+ DAOs created.

On-Chain Analytics

~$20 million in TVL within a few months

Audits

Team

The current team of XDAO includes 15+ people with solid business and technical experiences. Furthermore, XDAO has two advisors: George Paliani — CEO of CoinsPaid Media, and ex-CBDO of Currency.com, and David Brown — CEO of DC Crypto Consulting where he advised several multi-million blockchain projects.

More on the product, business model, team, marketing strategy, and other important details can be found in the project’s Docs.

XDAO Official Channels:

Website || Telegram || Twitter || Discord || Medium

Vested Pool details:

💎 Pool size: $90 000

💎 Token: $XDAO

💎 Min/Max investment: $50 — $500

💎 Price with USDT: $0.054

💎Price with PNLg discount: $0.0495

💎PNLg Rate: $1 of the allocation equals 3300 PNLg points + 1 USDT.

💎 Listing Date: TBA

💎 Launching Platforms: TBA

🔓 Vesting: 10 month lockup then 8.3% monthly unlock for 12 months

Note: a fee of 20% is applied to this sale and included in the token price. For buying with PNLg the fee of 10% is included.

✅ Link to join the Vested Sale:

https://launchpad.truepnl.com/vested_project/53

How to participate in the XDAO Vested Sale on TruePNL

Joining the sale with PNLg points

TruePNL users can enter the Vested Sale straight with USDT or use PNLg points to reduce the cost of the allocation. Full information can be found here.

  1. Log in to your account and connect your MetaMask wallet
  2. Pass the KYC procedure
  3. Choose a Vested Sale on the TruePNL Launchpad
  4. Select the amount of allocation and buy it using USDT on Binance Smart Chain or use PNLg to reduce the cost of your allocation.

5. Your allocation will be displayed in the “My Investments” section as soon as the Vested Pool is filled and the sale of the project is closed.

6. To claim your tokens, follow our announcements with detailed instructions. The tokens are being released in accordance with the vesting scheme, which can be found on the project’s page.

Some useful links for new TruePNL Launchpad users:

✅ Link to join the Vested Sale:

https://launchpad.truepnl.com/vested_project/53

TruePNL Official Channels:

Website || Telegram Chat|| Twitter || Telegram ANN || Blog || Discord

TruePNL Support Form

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TruePNL

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