Valis Stablecoins Fundraiser Now Open
Join the Valis Stablecoins Seed Fundraiser to earn a share of the net profit from the world’s first truly free and instant stablecoins. Explore our rounds and help shape the future of stablecoin technology.
Spelunker, Dec 9, 2024.
Introduction
Valis is dedicated to creating the world’s first truly free and instant stablecoins. By truly free, we mean eliminating both explicit (e.g., processing fees) and implicit (e.g., volatility, slippage) costs. Our plan leverages Qubic for feeless transactions, Valis Network for scalability, and both for high-throughput performance.
To fund the development of Valis Stablecoins, we have introduced the VSTABLE token. Each VSTABLE grants holders a right to a share of the net profit generated by Valis Stablecoins. With a fixed supply of 100 billion units, owning 1 billion VSTABLE tokens equates to a 1% share in the net profit.
We anticipate several fundraising rounds (Seed, Growth, Consolidation), each divided into multiple rounds (A, B, C, etc.). After gathering feedback from the Qubic community, we have launched our Seed Fundraiser in four rounds. The first two rounds (A, B) were exclusive to selected investors, raising over $700,000. Today, we are opening the next two rounds (C, D) to all approved investors.
The stablecoin market is poised for explosive growth across both the cryptocurrency and traditional finance sectors. Our goal is to seize this opportunity, and invite you to join us in this journey.
Rounds
Investors
Access | Fundraiser
Mechanism | Round
Limit | Price /
Min Bid | Minimum
Investment | |
Selected | Fixed price | Uncapped | 0.00010 | $100,000 | |
Selected | Fixed price | Uncapped | 0.00012 | $100,000 | |
Approved | Fixed price | Uncapped | 0.00013 | $100,000 | |
Approved | Blind auction | Capped ($100k) | 0.00014 | $10,000 |
Round A: The Pioneer Investor
Round A of the Valis Stablecoin Seed Fundraiser was designed to reward the first investor to initiate the fundraiser with the best price available in the Seed Fundraiser.
Operating under a fixed-price mechanism, Round A offered tokens at $0.0001 each. It was uncapped, allowing for unlimited token sales, and required a minimum investment of $100,000.
Participation in this round was by invitation only and limited to a small number of pre-selected investors, ensuring a focused and strategic allocation of tokens to a carefully chosen group.
Round A began on November 30, 2024, and concluded on December 1, 2024. Tokens were issued immediately upon receipt of the investment transfer.
Round B: The Selected Early Backers
Round B of the Valis Stablecoin Seed Fundraiser was designed to build momentum among early supporters who secured a competitive price.
Operating under a fixed-price mechanism, Round B offered tokens at $0.00012 each. It was uncapped, allowing for unlimited token sales, and required a minimum investment of $100,000 per participant.
Participation in this round was by invitation only and limited to a small number of pre-selected investors, ensuring a focused and strategic allocation of tokens to a carefully chosen group.
Round B began on December 2, 2024 (the day after Round A ended), and concluded on December 8, 2024. Tokens were issued immediately upon receipt of the investment transfer.
Round C: The Broader Early Backers
Round C of the Valis Stablecoin Seed Fundraiser is designed to expand participation with a broader group of early investors who secure a competitive price.
Operating under a fixed-price mechanism, Round C offers tokens at $0.00013 each. It is uncapped, allowing for unlimited token sales, and requires a minimum investment of $100,000 per participant.
Participation in this round is open to all investors pre-approved by Valis, ensuring alignment with Valis' vision and strategy.
Round C begins today, December 9, 2024 (the day after Round B ended), and will conclude on December 15, 2024. Tokens will be issued by December 17, 2024.
Round D: The Open Early Opportunity
Round D of the Valis Stablecoin Seed Fundraiser is designed to provide access to investors of various sizes, offering the final opportunity to join Valis at this early stage.
Operating under a blind auction format, Round D introduces a dynamic pricing approach, allowing investors to bid for tokens starting at $0.00014 each. It is capped, limiting total token sales to $100,000 in value, and requires a minimum investment of $10,000 per participant.
Participation in this round is open to all investors pre-approved by Valis, ensuring alignment with Valis' vision and strategy.
Round D will begin on December 16, 2024 (the day after Round C ends), and conclude on December 22, 2024. Tokens will be issued by December 24, 2024.
Additional Information
For a detailed overview of our vision and strategy, we recommend reading "The Case for a Qubic Stablecoin" series:
- Part 1: The Why Question
- Part 2: Marketing Qubic
- Part 3: The Best Option
- Part 4: Fast, Faster, Qubic
- Part 5: Growing the Ecosystem
While these posts cover the why, what, who, and when of Valis Stablecoins, the how continues to evolve. Recent strategic shifts include:
- From a CCF Request to private fundraising.
- From full legal compliance upfront to progressive compliance.
- From fiat-backed stablecoins with US Bonds to generate yield to stablecoin-backed models with DeFi products.
- From high throughput in one-to-one transfer scenarios using Qubic smart contracts to high throughput via Valis Network.
These changes reflect our ongoing learning and re-evaluation of trade-offs, and the strategy may continue to evolve. At this early stage, investing represents a bet on the team rather than a guarantee on a specific approach.
Next Steps
If you are interested in participating in the Valis Stablecoins Seed Fundraiser, join the Valis Discord and send a private message to Spelunker (_spelunker_). There, you’ll receive instructions on how to participate, access to the Valis Stablecoin Profitability Calculator, and answers to any questions you may have regarding the project or the terms of this offering.
For the latest updates, join the Valis Discord, follow us on X, and bookmark our blog.