Initial Contributions
Discover how initial contributions are structured via whitelists, and how they fuel HardwAIre’s infrastructure growth.
Last updated
Discover how initial contributions are structured via whitelists, and how they fuel HardwAIre’s infrastructure growth.
Last updated
We aim to raise a total of 75 ETH from contributors, equating approximately $240,000* *market quote on 23/01/2025, 13:00 CET
Initial contributions will be made via whitelists, ensuring fair participation and structured fundraising. The whitelist will have four tiers**:
Tier (ETH)
# Spots
Total (ETH)
Total (%)
Category
25
1
25
25
Treasury
1
5
5
5
DAOs
0.5
14
7
7
Team & Advisors
0.25
48
12
12
Partners
0.088 (avg.)*
782
51
51
Community Whitelist
*The community whitelist is made out of 0.15, 0.079 and 0.035 allocations.
Treasury: Dedicated to funding community initiatives, scaling operations, and expanding the HardwAIre GPU infrastructure.
Team & Advisors: Allocation for the founding team and industry experts who are actively assisting with strategy, outreach, and growth.
DAOs: Reserved for the five pioneering DAOs launched on DAOsWorld.
Partners: Allocated to projects that are collaborating with HardwAIre DAO, whether through development partnerships or as future compute clients.
Community Whitelist: Reserved for vetted contributors selected through the application process, ensuring active engagement and alignment with DAO goals.
We used deForms to collect the following information from individuals interested in contributing to HardwAIre DAO:
Twitter Account: To verify your online presence.
EVM Wallet Address: To ensure a secure and trackable contribution process.
Participant Category: To identify your role (e.g., Developer, Investor, Researcher).
Contribution Ideas: To understand how you plan to add value to the DAO.
Previous Contributions: To highlight your experience and prior involvement with other DAOs.
Using this information, we evalauted applicants based on their potential to contribute meaningfully to the DAO. This includes their ability to actively participate in governance, propose ideas, and help drive the mission of HardwAIre forward.
After carefully reviewing all applications, the list of individuals who will initially help shape the future of the DAO has been finalized. The results were as follows:
Ecosystem Expert
22.4
Developers
18.1
Artists
8.2
Content Creators
11.2
Founders
20.9
DAO Veterans
19.2
To facilitate this strategy, the total raise amount, considered the amount of ETH gathered by the daos.world smart contract, will be increased to 100 ETH instead of the quoted 75 ETH. This change is necessary due to the structure of the raising mechanism, which requires committed capital to mint the tokens at launch.
Here’s how the process will work:
100 ETH Raise: The total raise amount is set to 100 ETH.
Post-Raise: After the raise, 25 ETH contributed by the DAO treasury itself will be returned to the funding wallet.
The DAO treasury will effectively own 25% of the circulating token supply while maintaining its original raising goal of 75 ETH for operations and scaling.
This ensures that the DAO retains a significant stake in its own ecosystem without compromising its treasury size or operational goals.
This carefully structured strategy aligns with our commitment to transparency, long-term stability, and sustainable growth.
As part of our launch strategy, the DAO treasury will act as the first buyer during token deployment. In the same atomic transaction that deploys the DAO token, a portion of the raised ETH will be used to purchase directly from the market. This amount is TBD.
This approach ensures:
Tokens are securely held by the DAO treasury, not market snipers.
A portion of these tokens will be allocated to one-sided liquidity pools to ensure market stability.
Additional tokens will fund liquidity incentives and DAO operational costs, including hiring contributors and scaling the team.
This strategy strengthens our market position and ensures long-term sustainability from the outset.
