KMac
@kmacb.eth
Participating in Revnet Network is a bit like getting in on that early SAFE/SAFT term sheet or for the old farts a convertible note kicker on your angle investment. The big difference is it’s 3 taps no Docusign, escrow accounts, Restricted Stock Purchase Agreement etc its all preprogrammed. If you don’t make this round there’s another round following just not on the same terms. A few things to note: Your tokens are backed by ETH. You can borrow against them & reinvest. The offering will never be this favorable again. Even if the project isn’t a home run your liquidation value is > 0 & is never going down. 18 ETH investment was approved by Juicebox dao & will land anytime now.
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kompreni 🚂
@kompreni
It looks like the cut scheduled for 2 days from now has already happened?
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Jango
@jango.eth
10000 $REV get issued per 1 ETH going in. 6200 go to you, 3800 goes to team.rev.eth from splits. In 2 days, 6200 $REV will get issued per 1 ETH going in/ 4216 going to you, 1984 going to team.rev.eth from splits. The team is funded via $REV splits. Access ETH by cashing out $REV. Good callout, this UI confusing.
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kompreni 🚂
@kompreni
Ah got it! Ty for explaining
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