Decent Games
  • Links
    • Discord
  • Information
    • Introduction
    • Mission Statement
    • Revenue Model
    • Roadmap
      • Bastion Lords
      • Untitled Sci-Fi MMORPG
      • Untitled Fantasy MMORPG
    • Raising Funds
      • Private Offering
      • Second Offering
      • Third Offering
    • Decent Games Share Tokens (DGST)
      • Key Stakeholders
    • DAO
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  1. Information
  2. Raising Funds

Third Offering

Our third, and final offering seeks to raise funds for the DAO to fund our third project by selling the last 30 million reserved tokens (30% of total - cumulatively 60% of all tokens sold during ICO phases at this point) with each investor having a minimum buy in of 1,000 tokens and not being able to acquire more than 1,000,000 (1%) of outstanding tokens.

In order to create a proposal in the DAO, you must control at least 1,000,000 (1%) tokens

This phase is expected to be priced at 1 DGST = $2.50 USDC/ETH Equivalent. We reserve the right to change this amount before the offering.

This initial coin offering seeks to raise $52.5 million USD to fund the development of our next and future games along with further team build out. After which period, we expect to have fully released our third game, Untitled Fantasy MMORPG

All funds paid during the ICO will be paid directly to the DAO, and will not be immediately available to the team - instead, it will be paid out in quarterly installments over the course of game development.

After this ICO is completed, we will have sold all tokens initially reserved (60% of total supply) for our ICO (provided we sold all tokens) and no other shares will be created unless approved by a vote of shareholders in the DAO.

We expect that by the end of our third game build out, we will be profitable and no longer require further funding.

If not all tokens are sold during this ICO, they will default to the team, who will sell them on the open market at or above the ICO price. All proceeds will be deposited into the DAO.

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Last updated 6 months ago