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DAO Program
How to Participate
The CRC will have its own “Shark Tank” VC funding program that will be streamed over the Internet on a weekly basis. This program will start roughly 6 to 8 months after the Coin Drop. The program will function as its own DAO (decentralized autonomous organization). The program will have three (3) levels of funders; Sharks, Piranhas, and Minnows.
Sharks
- There will be 4 to 10 people at this level
- They will represent themselves or investment funds
- They will have access to financial details of projects beforehand
- They must be able to invest up to $5,000,000 in any single project
Piranhas
- There will be 50 to 200 people at this level in a studio audience behind the Sharks
- They will represent themselves or investment funds
- They will have access to some financial details of projects
- They must be able to invest up to $5,000 in any single project
- They will be considered “Accredited Investors”
Shark Tank
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