Round-0 is completed. Thank you!

Terence Lam
Desmos Network
Published in
1 min readAug 5, 2020

Hi Forbole & Desmos friends,

We are happy to announce that we have completed Round-0 of Desmos successfully. We have raised around $212K from 23 supporters. It’s a good start.

What next?

Our next milestone will be:

  • Prototyping the scoring mechanism based on engagement
  • Implementing an inflation model
  • Updating token economic

We target to ship them in our Sep/Oct testnet. If you know any potential validators or supporters, please kindly make a warm referral ;)

Future fundraising

As mentioned in the Introduction, we will raise fund in smaller tranches but more frequently such that its easier for potential supporters to participate based on their own risk appetites. The current round is Round-1A. Feel free to indicate your interest by submitting this form.

Thank you once again for your support !

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