I'm the founder of a new decentralized casino project called Wunzo. My partner and I started this project 4 months ago. We divided our responsibilities, with him handling the smart contracts development and me handling the rest. So far, we've accomplished a lot: we've launched the website, white paper, and explanation video, and I've started working on growing our social media followers ever since the project's whitepaper was published (6-weeks ago). We initiated a 20-day seed sale phase 13 days ago to pay the costs of getting extra resources to lay the finest groundwork for the project. 13 days have passed and we still haven't landed any VC; most of them are either asking if we've made any sales or if we can adjust the platform DAO model to provide equities. The platform's fundamental premise revolves around a profit-sharing model, with DAO stocks attainable only by staking the platform token in the governance smart contract, and their percentages derived by comparing each participant's staked amount to the total staked. This type of approach is profitable for retail investors but not for venture capitalists (especially because the stocks are not fixed). We both resigned from our previous jobs to focus on this project, and after this failure seed phase, i am torn between shutting down the whole project and starting moving forward or keep on going and releasing the pre-sale phase once the beta version of the platform is completed. I would be really happy to hear a second guess. Thanks for your reading! P.S. After a lot of networking, we were able to secure an angel investor and a hedge fund. We didn't get any venture capital at first since we didn't have any deep connections with any of them, while those who we cold-emailed responded weeks later (after we closed the seed phase).
I'm the founder of a new decentralized casino project called Wunzo. My partner and I started this project 4 months ago. We divided our responsibilities, with him handling the smart contracts development and me handling the rest. So far, we've accomplished a lot: we've launched the website, white paper, and explanation video, and I've started working on growing our social media followers ever since the project's whitepaper was published (6-weeks ago). We initiated a 20-day seed sale phase 13 days ago to pay the costs of getting extra resources to lay the finest groundwork for the project. 13 days have passed and we still haven't landed any VC; most of them are either asking if we've made any sales or if we can adjust the platform DAO model to provide equities. The platform's fundamental premise revolves around a profit-sharing model, with DAO stocks attainable only by staking the platform token in the governance smart contract, and their percentages derived by comparing each participant's staked amount to the total staked. This type of approach is profitable for retail investors but not for venture capitalists (especially because the stocks are not fixed). We both resigned from our previous jobs to focus on this project, and after this failure seed phase, i am torn between shutting down the whole project and starting moving forward or keep on going and releasing the pre-sale phase once the beta version of the platform is completed. I would be really happy to hear a second guess. Thanks for your reading! P.S. After a lot of networking, we were able to secure an angel investor and a hedge fund. We didn't get any venture capital at first since we didn't have any deep connections with any of them, while those who we cold-emailed responded weeks later (after we closed the seed phase).

I'm the founder of a new decentralized casino project called Wunzo. My partner and I started this project 4 months ago. We divided our responsibilities, with him handling the smart contracts development and me handling the rest. So far, we've accomplished a lot: we've launched the website, white paper, and explanation video, and I've started working on growing our social media followers ever since the project's whitepaper was published (6-weeks ago). We initiated a 20-day seed sale phase 13 days ago to pay the costs of getting extra resources to lay the finest groundwork for the project. 13 days have passed and we still haven't landed any VC; most of them are either asking if we've made any sales or if we can adjust the platform DAO model to provide equities. The platform's fundamental premise revolves around a profit-sharing model, with DAO stocks attainable only by staking the platform token in the governance smart contract, and their percentages derived by comparing each participant's staked amount to the total staked. This type of approach is profitable for retail investors but not for venture capitalists (especially because the stocks are not fixed). We both resigned from our previous jobs to focus on this project, and after this failure seed phase, i am torn between shutting down the whole project and starting moving forward or keep on going and releasing the pre-sale phase once the beta version of the platform is completed. I would be really happy to hear a second guess. Thanks for your reading! P.S. After a lot of networking, we were able to secure an angel investor and a hedge fund. We didn't get any venture capital at first since we didn't have any deep connections with any of them, while those who we cold-emailed responded weeks later (after we closed the seed phase).

I'm the founder of a new decentralized casino project called Wunzo. My partner and I started this project 4 months ago. We divided our responsibilities, with him handling the smart contracts development and me handling the rest. So far, we've accomplished a lot: we've launched the website, white paper, and explanation video, and I've started working on growing our social media followers ever since the project's whitepaper was published (6-weeks ago). We initiated a 20-day seed sale phase 13 days ago to pay the costs of getting extra resources to lay the finest groundwork for the project. 13 days have passed and we still haven't landed any VC; most of them are either asking if we've made any sales or if we can adjust the platform DAO model to provide equities. The platform's fundamental premise revolves around a profit-sharing model, with DAO stocks attainable only by staking the platform token in the governance smart contract, and their percentages derived by comparing each participant's staked amount to the total staked. This type of approach is profitable for retail investors but not for venture capitalists (especially because the stocks are not fixed). We both resigned from our previous jobs to focus on this project, and after this failure seed phase, i am torn between shutting down the whole project and starting moving forward or keep on going and releasing the pre-sale phase once the beta version of the platform is completed. I would be really happy to hear a second guess. Thanks for your reading! P.S. After a lot of networking, we were able to secure an angel investor and a hedge fund. We didn't get any venture capital at first since we didn't have any deep connections with any of them, while those who we cold-emailed responded weeks later (after we closed the seed phase).