What if you can get an invitation to early-stage crypto deals, the same as a VC? Being early counts in crypto. How many times have I mentioned this already? To be honest, Ive lost track. But its true. So, on that note, we, as retail investors, dont always get access to presales or seeding rounds. Thats usually limited to VCs.
However, Common Wealth is now giving you the opportunity that often only VCs get. It opens the gates to get in early.Common Wealth offers a Free VC Fund which is worth $2.4 million. This fund gives access to 15 projects that havent launched yet.
You can get a slice of this Free Fund, and its part of an airdrop. Pretty cool, huh? Interested? Well, keep on watching. I will give you more details of this revolutionary and innovative system.
You can see Common Wealth as an early-stage investment platform. Now, that doesnt make it stand out. However, the fact that this should be accessible to everyone does. Retail can step into opportunities it usually doesnt get access to.
The team designed a revolutionary new economy. They did that by combining two factors:
What they did next was to redistribute all accrued value to their community. They want to change the outdated and centralized models that VCs use. As a result, investing in Web3 should be simple.
So, the team behind Common Wealth is well-seasoned. They came up with the idea of the Free earn-to-own VC Fund. Their backgrounds include firms like Cardano, Facebook, Google, IBM, and Intel.
Theres also a 10-person All Street Oracle. These are the investment council members. There are some well-known names in there with VC backgrounds. So, they know what theyre talking about. They are the people who bring in the projects.For example, they invested early in some well-known projects, likeCosmos, Coinbase, Chainlink, Kraken,Ripple, and Star Atlas.
Thats quite an impressive line-up. Furthermore, Common Wealth will launch on zkSync. A chain we have our eyes out on for their respective airdrop. This indicates a move from Ethereum to this L2. As a result, it offers faster and cheaper transactions. So, lets take a closer look at the Free VC Fund.
So, lets take a closer look at this Free VC Fund by Common Wealth. As I already mentioned, it gives you access to 15 promising Web3 projects. The kicker is, that these 15 havent launched their tokens yet.
Here are some of these 15 projects, for example:
Ok, thats all nice and dandy, and it looks great, but what can we win? So, there will be 1026 winners and all win slices. These slices are the airdrops for the winners of a 3-week campaign. The campaign starts on the 21st of February.
Once you qualify for a Free Fund slice, it will show up in your wallet. At your discretion, you can, for example: Split it, transfer it, or trade it. Heres the reward structure, thats what youve been waiting for. However, be aware that all mentioned figures are the estimated value of the allocations. Theyre based on the projects most recent private funding round:
There were also early supporters. Thats when you hold a Genesis NFT. Besides having minted one, theyre also available on secondary marketplaces. However, Series 1 has a floor of 1.99 ETH and Series 2 of 0.5 ETH. Nonetheless, current holders and Beta Testers will receive extra campaign points (XP).
As already mentioned, the campaign starts on the 21st of February. The campaign will last for 3 weeks. You can use this link to sign up. It ends with a verification phase. The app will go live before 8th April on zkSync Era. So, here is a lowdown of the simple steps you need to follow:
So, how do you like this setup? Do you like the novel idea and the fair chance of getting in early?
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Access Early VC Crypto Gems via Common Wealth Airdrops - Altcoin Buzz
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