Announcing the PGF Members Multi-chain Airdrop for Launchpad Season 1

We are excited to officially announce the $gDAO governance token air drop!

Date

May 8, 2024

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The $gDAO token will be the ecosystem governance token for all of the PIPE gDAO’s web3 products. Members will be able to propose and vote for real-world impact projects that are funded with a dedicated ReFi fund powered by PIPE gDAO’s innovative web3 technology.

Projects will be funded to support societal impact, environmental impact and commercial viability in underfunded industries. $gDAO tokens holders will vote by a two thirds majority to create ReFi funds and over all ecosystem governance on a one member one vote basis. Putting you, the community in the driver’s seat to lead the evolution of the project. Our ambition to is make the $gDAO token the No 1 crypto currency for real world impact and demonstrate that it solves societal problems with the power of ReFi over the long term.

Our goal

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PGF (PIPE General Fund) Launchpad is our first ReFi use case in partnership with PIPE (The PIPE Company OÜ (UK) Limited), our exclusive gateway to university RWA (real world assets) IP (intellectual property). The Launchpad was released on the 15^th of April (2024) and currently supports 6 EVM compatible chains including Arbitrum, BSC, Avalanche, Polygon, Base and Optimism with Ethereum coming very soon.

The Launchpad along PIPE’s LabtoIPO platform aims to solve the European Paradox outlined in our product launch post. Up to 83% of European University R&D ventures never see the light of day due to the current VC dominated funding hierarch not funding them to commercialisation. The PGF Launchpad aims to solve this funding gap by crowd sourcing the capital directly from web3 retail investors granting them access to the potential gains once those start-ups are exited on the PIPE exchange, the third arm of our ecosystem. Providing access to said gains from early-stage university RWA IP start-ups that are otherwise inaccessible to ordinary people due to the high barrier to entry for pre-IPO ventures, since only accredited investors can gain exposure to these types of investments. This is because early-stage pre-IPO ventures are typically considered ‘high risk’ by regulators, this restricts the potential opportunities for retail investors in favour of the wealthy few. We are giving you the power to change this starting with you participating in our $gDAO token airdrop!

Our goal is to raise approximately 10 million Euro worth of USDC to seed fund up to 5 European University RWA IP projects on the PIPE at 2 million Euro each, across 7 of our supported chains combined. Once we reach this target episode one of our season one airdrop will begin with members who invest with that first 10 million (approx.) Euro TVL cross chain being rewarded in $gDAO tokens.

Reaching this goal will significantly boost funding for European universities conducting cutting edge research into technologies that could significantly increase the battery life of electric vehicles, cure cancer and other diseases, save lives with early warning systems for earthquakes and stronger metals for green technologies and defense. The projects will then go through the PIPE’s unique and rigorous QED process (Question Evaluate Decide) to make turn them into commercially viable start-ups. Once they are accepted for funding by PIPE their RWA IP will be tokenised as NFTs and listed on the PIPE exchange (PEX)for acquisition (buying). When PIPE’s stake in those assets is acquired on the PEX the capital gains will be distributed to members who contributed to the Launchpad pool as USDC.

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How to participate

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By participating you are not just going to get crypto tokens and potentially up to 397% minimum gains over a 4-year period, you could also change the world by bringing high impact projects to market that likely wouldn't have made it there from the convenience of your compatible web3 wallet.

The remaining airdrop episodes of season 1 will be triggered in the same way as up to 5 impact projects from the PIPE are funded in each round, potentially launching up to 35 RWA IP ventures from European universities to market across 7 chains to market in total. This is currently next to impossible to achieve without web3 capital, so your participation is crucial to making a big difference in building a better world for all. After al why should the power to make societal change lie in the hands of a wealthy few alone?

All members will receive the same benefits on each chain but cannot claim them on more than one. Our multi-chain approach means you could save on bridging fees and the potential associated security risks by staying on your native EVM chain to use Launchpad. This also potentially increases the likely hood of reaching our goal and therefore unlocking your airdrop this year because of the high liquidity and pool of investors on each network. We are playing a non-zero-sum game here in line with the nature of web3 as whole by not limiting the project to just one chain from the start. The more chains the more capital we can raise to support the impact projects on the platform.

Early Adopters will also be rewarded with a 20% life-time fee discount NFT (soul boud)for the Launchpad Beta and beyond as well as other PIPE gDAO ecosystem products. So, get in early to get the best rewards!

We have created a full participation guide for you here.

The Rules

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To qualify for the airdrop all you need to do is invest whatever you can afford into the Launchpad dApp on any support chain, this will automatically mint an Early Adopter Membership NFT ‘soul bound’ to your wallet which cannot be transferred or sold.

Once you have your membership NFT you need to verify membership on our discord channel to get your Early Adopter and PGF Launchpad Member roles to qualify for your airdrop and other membership rewards. Unverified memberships will not be eligible for rewards so make sure you join our discord complete the ‘holder role’ verification process.
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The power of early investing

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Another benefit of you getting in early is your position size in the overall pool. The earlier you get into the pool the more gains you make long term as long as you keep the bulk of your potential upside in there over the long term. For example, if you and a group of 9 other people invested $1000 making it $10000 in total. Once the first projects are acquired the rewards distributed amount to let’s say up to 4X and you all kept your gains the pool, your total percentage allocation size of the pool overall would be higher than another similar group of people investing the same amount after the first rewards distribution.

This is because your total percentage size allocation of the pool would be up to 4X larger than the next group who invest the same amount of money even if they get the similar returns to your group in the next exit because you would already ahead them in gains on the next exit, provided you maintain your gains in the pool.

Put quite simply, if you get position in the pool early and keep it in there your will gains ultimately be higher over the long term compared those put in higher amounts years later just because you got in early and stayed in. Like those that dollar cost averaged into Apple and Microsoft shares with whatever they could afford all the way back in the 80s and kept their positions (didn't sell) until those companies became mega cap stocks today, would have made more in gains than those shares than the ones that only started to DCA with much higher amounts of money 10 or so years later because the market caps would have been much higher than at the time than of the earliest adopters. So, in our case the TVL is the ‘market cap’, you start investing whatever you can afford now every month while it’s still low and keep your gains in there you should make much more in returns over the long term as the TVL the gets higher.

Investing fees can take up to 25% percent of your portfolio of it’s life you are not careful. Becoming an early adopter could save you 20% on fees for the entire future gDAO product range. As a budding sophisticated investor this should be one of the key considerations when making long-term investment decisions. Our basket investment feature saves you on fees since you get exposure to all projects in equal and pay one fee rather paying multiple fees by investing in them individually, allowing you to automatically diversify your portfolio and plan your investments with whatever you can afford each month in your budget.

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The benefits

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So, in brief if you become an early adopter by participating in the airdrop you get:
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The episode one airdrop of the $gDAO token once we reach our 2024 funding goal of 10 million Euro (approx.) to fund up to 5 European university RWA IP projects on the PIPE.
The more you participate the more points you earn to get a higher allocation of the airdrop.
You a get 20% lifetime fee discount NFT on all gDAO products.
Get your position in the pool early to maximise your gains long term provided you keep the bulk of them in the pool.
Get exposure to some of the most cutting-edge early-stage ventures without being an accredited investor or minimum deposit amounts.
Use your web3 to wallet to conceivably change the world with whatever you can afford.
Use your tokens to participate in ecosystem governance once the gDAO ReFi protocol is launched.
Multi-chain support on up to 7 EVM of the major EVM blockchain in web3 on the most widely adopted standard used by developers.
Save on bridging fees and risk

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Become an early adopter to your rewards in this cycle and over the long term. Get on to the train before it leaves the station become a pioneer in the web3 impact revolution we’ve started here at the PIPE gDAO!

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