Introducing Finceptor’s First Private Sale — Virtual Versions (Sale Guide)

The all-in-one guide on how to participate in the Virtual Versions private sale.

Finceptor
Finceptor
8 min readAug 9, 2023

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Finceptor is excited to announce the first private sale on the platform. This will be a Whitelisting (WL) based sale. Read step-by-step instructions to make sure you’re getting a guaranteed allocation.

Virtual Versions (tick: $VV) is a decentralized ID protocol enabling users to own their social identity with an AI twin. They have +250k community members, 100k issued IDs, a $30M IP value, and +40 major partners.

Deal Terms

Here we listed the deal terms, round system, and important dates below.

  • Sale Page: finceptor.app/project/virtual-versions
  • Private Sale Allocation: $50k
  • Private Sale Price: $0.006
  • Private Round Valuation: $6M
  • Public Sale Valuation (FDV): $7M
  • Private Round Discount: 14%
  • Vesting Terms: 8% TGE unlock, 3 months cliff followed by 9 months monthly linear vesting
  • Initial Market Cap with Liquidity: $411,950
  • Initial Market Cap without Liquidity: $187,950

Full token allocation and distribution metrics are here. Additionally, the sale’s timeline is set out below. The round details are outlined in the following section.

  • WL Distribution [10–13 Aug at 2 pm] — A round for distributing allocations (WLs) to community members. The WL distribution will be exclusively on the Zealy Quest tasks. The more you complete the tasks, the larger the allocation will be. The exact allocation amounts will be published on the official Twitter, Discord, and Telegram channels on 13–14 Aug.
  • WL Round [14–17 Aug 2 pm] — WL’d users, the ones who guaranteed allocations in the sale, will deposit $USDT up to their allocation maximum limit in this period. KYC is necessary to participate in this round.
  • Public Round: [17–18 Aug 3 pm] — Unsold tokens, if any, from the WL round will be sold on a first-come-first-serve basis with no individual cap. KYC is necessary to participate in this round. There will be 5% fee on this round.
  • TGE: [22 Aug] — The token claiming portal will be published in the following days, and users will claim their purchased tokens according to the vesting schedule.

Moreover, here are some additional sale details.

  • Deposit Currency: $USDT (BNB Network)
  • Sale Blockchain: BNB Chain
  • Public Sale (IDO): DAOMaker
  • Listing Venue (22 Aug): Major tier-I CEX (TBA) and Uniswap
  • Token Claim Venue: TBA
  • KYC: KYC is necessary to participate in the sale.

Step-by-step Instructions

  1. Sign-up: Complete the digital identity verification (KYC) process on the onboarding page.
  2. Get WL: Participate in the Zealy Quest tasks to secure an allocation in the WL distribution round (10–13 Aug at 2 pm).
  3. Fund your Web3 Wallet: Fund your MetaMask wallet with gas fee currency BNB and deposit currency USDT (on the BNB network). If you don’t have MetaMask, please refer here.
  4. Invest: Deposit as much as you want (but up to your allocation amount) in the WL Deposit Round (14–17 Aug 2 pm). If you miss this round, you can also participate in the Public Deposit Round (17–18 Aug 3 pm) as well if any unsold tokens are left from the WL Deposit Round.
  5. Claim: After the deposits are closed, follow the token distribution period to claim your tokens. The claiming venue will be published in the upcoming days.

Any questions? Please head over to the official Telegram community and Discord channel.

About Finceptor

Finceptor is a capital, liquidity, and community bootstrapping platform natively built for Web3 protocols to access token financing at pre-token, token launch, and post-token stages. Finceptor offers token launch and Liquidity-as-a-Service (LaaS) products, enabling crypto projects to issue liquidity vaults, tokens, and bonds to access liquid markets and communities of real backers.

About Virtual Versions

VV is the first social media platform to use 3D biometrically backed AI avatars to enhance your online experience. Our advanced in-house avatar creation technology allows you to create a Virtual Version of yourself, a unique digital identity that is fully customizable and interoperable to your preferences.

Our platform also offers the ability to interact with other users’ avatars in a variety of ways, from virtual events, animated social posts, and games to creative collaborations. With our In-App NFT marketplace, we bring endless creativity and expression to our community. We make it easy to plug and play into your favorite experiences seamlessly from a single point of access.

We believe that your digital identity should be fully owned and controlled by you, which is why we have designed our platform to be completely decentralized. Your avatar and personal data are yours alone, and you can choose to share them with others on your terms, as well as monetize your data.

Capital at Risk

There’s no refund policy for private sale participants. Any bugs or human or code errors could lead to the loss of capital. Please participate in the sale accordingly. The finceptor team is not liable for losses.

Risks & Disclaimer

Before you consider participating in any investment opportunities on Finceptor, please take a moment to read and understand the following important information. Investing in cryptocurrencies, Web3 projects, and participating in token sales involve inherent risks that you should be aware of.

Risk of Loss: Investing in cryptocurrencies and Web3 projects carries a significant risk of financial loss. Prices of tokens and cryptocurrencies can be extremely volatile and unpredictable. You could lose all or a substantial portion of your investment.

Research: It is your responsibility to conduct thorough research before participating in any investment opportunity. This includes understanding the project’s purpose, technology, team, and market potential. Do not invest solely based on hype or promises.

Regulatory Considerations: Cryptocurrencies and Web3 projects are subject to various regulatory frameworks in different jurisdictions. Regulatory changes could impact the legality and functioning of projects. Ensure you understand the legal implications in your country or region.

Scams and Fraud: The cryptocurrency space has been associated with scams, fraudulent schemes, and phishing attacks. Be cautious of unsolicited offers, and always verify the authenticity of the information and individuals involved in a project.

Unpredictable Technology: Web3 projects use new and advanced tech that might not be fully checked. This could lead to problems and money loss.

Liquidity Risks: Tokens acquired through pre-sales or investments may not have an active secondary market initially, which could limit your ability to buy, sell, or trade them.

Financial Advice: The information provided on our platform, including whitepapers, project details, and investment recommendations, should not be considered as financial advice. You should consult with a qualified financial advisor before making any investment decisions.

By accessing and using Finceptor’s investment platform, you acknowledge and accept these risks. You agree to conduct due diligence and make investment decisions based on your own judgment. Finceptor does not assume any responsibility for your investment choices or the outcomes thereof.

Please remember that investing in cryptocurrencies and Web3 projects can be speculative and involves a high degree of risk. Only invest what you can afford to lose.

This disclaimer is designed to inform potential investors about the risks and considerations associated with participating in the Finceptor investment platform. However, it is advised to consult legal experts to ensure that the disclaimer is appropriate for your specific circumstances and legal requirements.

Purchasing, holding, and transacting in any way with VV token shall not warrant, commit nor guarantee any revenue, profit, or value appreciation. Purchasing VV shall not be construed as an investment. VV merely offers utilities and features within the Virtual Versions ecosystem and platforms. Finceptor reserves its right to amend and modify the utilities and features offered by VV.

Crypto assets and crypto assets transactions, including VV, are very risky in terms of potential losses, merchantability, technical failures, and legal and tax requirements, indeed the price of crypto assets can even become zero or be excessively volatile. By purchasing and holding or transacting in any way with VV token, you agree and acknowledge that you undertake such risks on your own and that you shall consult your own legal and tax consultants for compliance purposes.

We do not provide investment or financial advice, and all projects reviewed are done objectively in accordance with established reporting and information dissemination best practices. Before investing in any Web3-related project, you should conduct your research. As a result, Finceptor is not liable for any losses incurred due to a consumer’s investment decision.

Participating in private sales is a high-risk financial activity. Users may lose 100% of their initial contributions. It’s suggested that users should only contribute what they can afford to lose. Token sales can be regarded as one of the world’s top-risk financial activities. Please read the longer legal disclaimer.

You agree and understand that your access and use of the website and services is at your own risk. Risks include, but are not limited to substantial or total loss when buying, selling, or holding tokens; limited liquidity; legislative and regulatory changes or actions that may adversely affect the use, transfer, exchange and value of tokens. Finceptor makes no representations regarding the likelihood or probability that your participation on the website or in our services will achieve a particular outcome or goal.

  • Participants will have no ability to impact or otherwise influence the corporate decisions of the issuer.
  • Token claiming will be managed and operated by the issuer. Hence, any bug or errors in the claiming system could lead to lose your funds. The Finceptor team will have zero control over the token distribution process and not liable for any kind of bugs.
  • Virtual Versions operates in a crypto environment that has limited financial regulation, is uncertain and evolving.
  • Virtual Versions has a limited operating history upon which you can evaluate our performance, and accordingly, our prospects must be considered in light of the risks that any new company encounters.
  • Global crises and geopolitical events, including without limitation, COVID-19 can have a significant effect on our business operations and revenue projections.

Statements contained on this page are based on current expectations, estimates, projections, opinions and beliefs of the Unus labs Limited, a UK business company with limited liability incorporate (the “Issuer”) as of the date hereof unless stated otherwise. Such statements involve known and unknown risks and uncertainties, and undue reliance should not be placed thereon. Neither the Issuer nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future performance. Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of terms such as “may,” “will,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “projects,” “future,” “targets,” “intends,” “plans,” “believes,” “estimates” (or the negatives thereof) or other variations thereon or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, some of which are beyond the control of the Issuer. including, among other things, the risks listed in the private placement memorandum.

Actual results, performance, prospects or opportunities could differ materially from those expressed in or implied by the forward-looking statements. Additional risks of which the Issuer is not currently aware also could cause actual results to differ. In light of these risks, uncertainties and assumptions, prospective investors should not place undue reliance on any forward-looking statements. The forward-looking events discussed in herein may not occur. The Issuer undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Certain projections herein, including projected adoption of the VV Token and Virtual Version ecosystem, set forth herein contain projections, assumptions and expectations with respect to the performance of the VV Token and Virtual Versions ecosystem. These projections and hypothetical returns have been prepared and are set out for illustrative purposes only, and do not constitute forecasts.

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Finceptor
Finceptor

Finceptor is a Web3 financing platform that connects retail investors with vetted Web3 token offerings at multiple stages.