Who Gets Funding?
Cap3 has a core mission of launching new, innovative, high quality Web3 projects. Every Season, the community will choose one project to receive $100,000 to begin building their vision. In return, funding recipients will give a percentage from their initial sales back to the community.
Funding Process: Seasons
Cap3’s project funding process is organized into “Seasons.” Each Season will begin after all subscription sales have been sold. One project each Season will by the members to receive $100,000.
Season 1 will begin once all Subscription Passes are sold.
How Does Voting & Project Funding Work?
On the first business day of every Season, all qualified project submissions received over the previous 30 days will be available for review. Members of the Cap3 community may cast one vote for the project they would like to see receive funding.
Voting will end 14 business days after the beginning of each Season, and the project that received the most votes will receive $100,000 to build their vision.
Governance (Voting Power)
Subscription Pass: 7,000 tokens - 1 vote per token (7,000 votes)
Genesis Pass: 2,000 tokens - 2 votes per token (4,000 votes)
11,000 Total Votes