The community sale organized by Bibliotheca DAO ended on February 2nd.
About Community Raise
On February 1st, the private round for the LORDS token ended in about 9 hours. At the end of the round, a total of 12.5 million LORDS tokens were allocated to holders. A total of 3,970,473.75 USDC worth of LORDS tokens were purchased. The team also announced on Twitter that 84.25% of purchases were refunded to those who participated in the private round. In other words, Bibliotheca brought a total of 625 thousand USDC to the DAO treasury.
How Will the Funds Raised be Used?
The team explained the decisions made by hundreds of community and DAO members as follows:
- Funding the development of Realms Eternum
- Funding the development of Realms Adventures
- Funding the liquidity of the protocol
The decision on how to spend the funds is made by DAO members. The team strives to streamline the DAO bidding system so that they can better review DAO decisions.
About Bibliotheca DAO
Bibliotheca DAO is a Web3 game studio built on StarkNet, creating open-source and on-chain game ecosystems. To join Bibliotheca, you need to own at least one Realms NFT. Bibliotheca is administered by the DAO Loot Realms NFTs. Users who want to have a say in governance must have at least one NFT.
About Realms Eternum
Realms Eternum is an endless on-chain MMO running on the starknet. Created by Biliotheca DAO, the game consists of 8000 realms in total. Each realm is a state that can produce resources and build armies. In this game, you must strategize and conquer other realms and survive against enemies.
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