Tipper
2K posts


Excited to announce the first company raising on Crafts: @refihub RefiHub brings real upside in real-world energy. Built on the Stakeholder Token Standard (STS) on @solana


"Bro what was the crypto bull run 2021 like?"

Join here: crafts.dev/waitlist


Tomorrow we will announce the first raise on @craftsdev But let's go back 8 months, when we decided to go all in on this: The status quo back then: › dead trenches with broken trust › very bad public perception of crypto, especially from TradFi › still massively overvalued TGEs: after day one, down only › no legal link between tokens and equity for aligned value accrual › no option for serious early-stage teams to fundraise in crypto Now I'm confident to say that we managed to find a strong model that resembles traditional fundraising: 1) Through partial tokenisation, we give token holders venture-grade economic rights, with a liquidation option through our constitutional governance framework (more details will follow) 2) We bring the first sealed-bid auction on Solana to determine company valuation based on real demand. This is how Treasury auctions and Google's IPO worked, but it's never been possible on-chain until now. For everyone on our waitlist, the data room from our first raise will open tomorrow. Join below 👇



















