Dear Community,
We are excited to announce that the recent investment proposal has been approved through the voting process. Over the past week, three eligible voters out of four in total participated, and the final outcome was 3 votes in favor of the proposal. One vote has not been casted.
Voting Details
- Voting Period: February 11, 2025 - February 18, 2025
- Voting Page: Click here to view the voting page
Investment Overview
- Type: SAFT (Simple Agreement for Future Token)
- Investment Size: $50K
Remaining Steps Before Investment Execution
- Compliance review and final approval by the KAIA Foundation
- Review of company documentation and final due diligence
- Execution of the investment agreement
- Disbursement of investment funds
This decision marks a significant step forward, and we are eager to move ahead with the investment as planned.
Thank you for your active participation and continued support. We will keep you updated as we progress with this project.
Best regards,
Chairperson, CAVE DAO KCC