Atom Accelerator DAO (AADAO) Grant Announcement Card - in Blank
Team: [to be announced]
Amount Invested: $250,000
Status: In Progress

Venture Investment 2

More details of this venture investment are pending a formal announcement from the team we have invested in. This page was created on/around the time we sent our investment funds and was made public as part of our commitment to transparency

The investment is for $250,000. The extra ~$427 seen when tallying up the totals of the transactions is related to processing costs and transaction fees.

Team: [to be announced]
Current Status: In Progress
Funding Program: Ventures

Amount Invested: $250,000
Amount Paid: $250,427 (100%)

Terms Drafted: Date when we first drafted high-level terms. By this point, we would have completed some due diligence on this project. We consider this to be the 'Date Applied' for Venture Investments Apr 05, 2024
Date Signed: Date when the investment agreement was finalized and signed, after completing the requisite due diligence. Jul 10, 2024 (13 weeks)
Fully Vested (estimated): The date when we expect our tokens/equity to be fully vested. The date displayed here may not neccesarily be correct. Dec 31, 2026

Payments Made: View the DAO DAO prop on our Grants Wallet or Mintscan of the transaction $123 (Aug'24) $10,304 (Aug'24) $100,000 (Aug'24) $140,000 (Aug'24)

Latest Approved Funding

Cosmos Hub Security Audit – LSM
In Progress

Cosmos Hub Security Audit – LSM

Team: Zellic
Approved: Oct 21, 2024
Amount: $51,000
Drop Protocol
In Progress

Drop Protocol

Team: Drop Protocol
Agreed: Oct 18, 2024
Invested: $50,000
Spell Wallet – Bringing new ATOM Stakers to the Cosmos Hub
In Progress

Spell Wallet – Bringing new ATOM Stakers to the Cosmos Hub

Team: SpellWallet
Approved: Oct 16, 2024
Amount: $5,000
Archive Node for the Cosmos Hub
In Progress

Archive Node for the Cosmos Hub

Team: CryptoCrew Validators
Approved: Oct 09, 2024
Amount: $12,000