Investing in Fundraising Companies
Here you will find the step by step guide to invest in companies at fundraising stage
Last updated
Here you will find the step by step guide to invest in companies at fundraising stage
Last updated
A company at fundraising stage is within the fundraising deadline and have not yet reached the 100% funding goal. Thus, it can be in one of the two phases below:
-> Under 70% of the Fundraising Goal: at this phase, the projects are not guaranteed to become reality. If you invest in projects at this phase, the tokens smartcontract holds the funds up until they reach the minimum of 70% or the fundraising deadline is over, which ever comes first. If the deadline is over and the project has not reached 70%, the investment is automatically available for you to withdraw. If it reaches 70%, it moves to the next phase below;
-> Over 70% of the Fundraising Goal: at this phase the projects are garanteed to become reality! The fundraising deadline is extended to an extra period of 3 months, so that the fundraising achieves 100%.
Once a fundraising reaches 100% of its goal, the tokens can be traded in the Trade Companies at the Secondary Market.
At YOC, investors in companies at fundraising stage are rewarded with YOCx tokens throughout the entire fundraising period. As fundraising progresses, you receive YOCx tokens on a block-by-block basis. The number of YOCx tokens you earn is based on the proportion of tokens you hold relative to the total investment in the company.
For example, if a fundraising company receives 50,000 YOCx tokens daily and you hold 10% of the invested tokens, you would earn 5,000 YOCx tokens. In another scenario, if you are the first investor in a new company and hold 100% of the invested tokens, you would earn the full 50,000 YOCx tokens daily. The earlier you invest, the more YOCx you earn.
The Invest & Earn rewards are sent to the wallet that made the investment, regardeless to whether it holds the custody of the token or not. The rewards are always directed to the wallet that originally puschased the token.
The rewarding ends as soon as the companies achieves its fundraising goal, or the fundraising deadline is over.
-> Visit the Company area of the platform;
-> Navigate on the Fundraising Companies page throughout the Project Boxes, where each company´s key information are displayed. See below an illustrative example of one company box:
-> For more information about a specific company, visit its respective webpage by clicking on the "Go to company´s Page" link. You can find a comprehensive list of projects and their links in the Projects section on our platform ;
-> Define the project to invest and the amount of investment;
-> Click on “buy Token” button. Projects can only be bought with YUSD, YOC´s Stable Coin;
-> If you don´t have enough YUSD, the platform will automatically suggest you to mint YUSD:
-> Click on “Mint YUSD” button. Once you finish Minting YUSD, the platform will take you strait back to the project buying box:
-> Insert the amount of YUSD that you want to invest in the project token;
-> Approve the transaction with your wallet;
-> That´s it! The Token is Yours
Note: Every project has a limited amount of tokens, all issued at once at initial offer. Thus, your investment and percentage of total participation will not be diluted.