DAO maker
DAO Maker token sales set purchase and release conditions for each offering
DAO Maker token sales let participants purchase project tokens under offering-specific terms. Before committing a contribution, identify the sale round, purchase price, release schedule and any refund conditions. The amount contributed does not necessarily equal the amount ultimately spent, and the purchased allocation may unlock gradually. Keep funds uncommitted until the selected round’s terms are clear and your wallet supports its distribution network.
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The Selected Round Before Any Contribution
The selected round needs identifiable purchase and delivery terms before a funding decision. Begin by matching the round name to its own conditions, rather than combining details from different rounds for the same project.
Suppose you are comparing participation paths without authorizing funds. Work through the table for each path. Before proceeding, confirm that its eligibility requirements, purchase terms and delivery conditions refer to the same round and that your wallet supports the distribution network. Leave the contribution uncommitted if any requirement remains unresolved.
| Review Stage | Terms to Establish | Funding Control and Sale Conditions |
|---|---|---|
| Identify the round | Project token and selected public or private offering | Reading a round description does not transfer funds. |
| Resolve participation requirements | Applicable access conditions and participation window | Eligibility remains separate from a purchase commitment. |
| Read the purchase terms | Payment asset, price basis and allocation method | The proposed contribution remains uncommitted. |
| Examine token delivery | Distribution network and applicable unlock schedule | Future releases follow the offering conditions. |
| Establish any exit option | Refund eligibility, deadline and effect of claiming | A refund depends on its stated conditions. |
| Resolve remaining mismatches | One consistent round, compatible wallet and understood terms | The reader can stop before authorizing funds. |
Changing the selected round can change its purchase price or release schedule. Changing wallets can resolve a supported-network mismatch, but it does not change the round’s delivery network. If the wallet cannot receive the distribution, leave funds uncommitted until a compatible setup exists. A different round or revised schedule invalidates the earlier comparison and requires another review of the affected terms.
Contribution, Allocation and Project Tokens
A contribution supplies funds to an offering, while the final allocation determines the purchase assigned to a participant. DAO Maker’s Public Offering System describes a classic USDT deposit and a DAO Boost option that converts USDT to DAO. Final allocation depends on deposits across the offering and the calculation for the chosen option, so an estimate before settlement is not a finalized purchase amount.
The platform token and the project token also have different roles. DAO Maker’s offering documentation distinguishes public offerings from private offerings for DAO stakers. In the public DAO Boost option, converting USDT to DAO also exposes the participant to changes in DAO’s price. The project token is the asset the sale distributes. A decision involving DAO exposure therefore needs its own consideration alongside the project purchase.
Purchase Price and the Amount Received
The purchase price becomes meaningful when its payment denomination and the amount actually applied to the purchase are clear. For a fixed-price purchase, dividing the applied purchase amount by the price per token gives the gross token quantity. Both inputs must use the same denomination. Any conversion requires its applicable conversion basis. Token deductions can then reduce the quantity received, so distinguish the gross allocation from the net distribution. DAO Maker describes a platform charge deducted from tokens when an allocation is claimed; the applicable charge belongs in the purchase comparison.
Initial Unlocks, Cliffs and Later Releases
The release schedule determines when purchased tokens become available, which can differ substantially from the date funds enter the sale.
A token generation event, commonly shortened to TGE, may anchor the initial release. A cliff is a period before the specified later release begins. Linear vesting releases tokens at a constant rate over the specified period, while an installment schedule releases portions at specified times. Read these terms together: the initial portion, any waiting period and the later release pattern describe different parts of the same allocation. A percentage without its allocation basis can give a misleading impression of how much is available.
DAO Maker’s published SHO vesting contract describes unlocks with specified times and percentages. The schedule for the selected offering determines the relevant releases; another project’s schedule does not establish yours. A purchased allocation can therefore remain partly unavailable after the first claim.
Distribution Networks and Claim Conditions
The distribution network must match the wallet’s ability to receive and manage the purchased tokens. A project’s broader blockchain description does not necessarily identify its sale distribution network. Sale terms can list those fields separately. Treat the network named for token delivery as a specific requirement, and distinguish a scheduled unlock from an actual distribution. Any ongoing holding requirement or claim charge also belongs beside the release schedule when the offering applies it. Otherwise, a calendar date alone can overstate what the participant can claim.
When Does a Refund Option Apply?
A refund option applies only under the selected offering’s refund conditions, including its eligibility rules and decision window. DAO Maker has published refundable sale terms with a limited refund period. A refundable label alone does not explain when that period begins, which action exercises the option or whether claiming tokens changes eligibility. Those details affect the decision before the claim occurs.
Separate a purchase refund from the return of a contribution portion the sale did not use. The latter concerns funds outside the finalized purchase. Under the documented Public Offering System, excess USDT deposits return automatically when the offering ends, while participants using DAO Boost must claim excess DAO manually. A refund concerns an existing purchase and follows its own conditions. Also establish the asset returned and any applicable deductions. Receiving an asset back does not by itself establish that its market value equals the original contribution value.
Sale Participation and Buying After Distribution
A sale and a later market purchase create different commitments even when both concern the same project token. Sale participation combines an allocation method with its purchase conditions and release schedule. A market purchase depends on available trading liquidity and the quantity actually executable at the quoted price. An advertised listing does not establish an exit price for a vested allocation.
DAO maker token sales: reader questions
Does a Lower Token Sale Price Mean the Round Offers Better Terms?
A lower sale price does not establish better overall purchase terms. A round can combine its price with a smaller initial release, a longer vesting schedule or different claim conditions. Compare the quantity available over time and any deductions alongside the price, using the terms of the same round.
Can I Use a project’s Fundraising Target to Calculate My Token Entitlement?
A fundraising target does not establish an individual token entitlement. It describes the amount the offering seeks to raise. Your entitlement requires the purchase amount assigned to you and the applicable token price, with any relevant conversion or deduction. Keep the total raise separate from your personal allocation.
What Happens to the Release Schedule If the Token Generation Event Is Delayed?
A schedule tied to the token generation event must be interpreted using that event’s applicable timing. A delay does not establish that every later deadline moves identically. Calendar-dated releases and periods measured from the event use different anchors, so the revised offering terms must resolve the affected dates.
Is the Initial Circulating Supply the Amount I Can Claim?
Initial circulating supply describes tokens circulating across the project, rather than an individual participant’s claim. Your available quantity follows your allocation and its release conditions. Other allocations can have different schedules, so a project-wide circulating percentage cannot substitute for the initial unlock percentage of your sale round.
Do Token Sale Purchases Include Shares in the Project Company?
A token purchase does not by itself establish ownership of company shares. The purchased token’s rights must come from the applicable terms. Access, utility or token governance rights describe different arrangements from company equity, and a project description should not be read as granting rights the purchase agreement does not specify.