<aside> 💡 An overview of basedVC new allocation/Investment cap model can be found below
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As per usual, every Investment basedVC offers will have a minimum contribution amount, typically this is going to be set at $500 but in rare cases we may increase or decrease this number.
Now this minimum contribution figure acts as the baseline for our 'multiplier' system. Citizen NFTs as well as Transcendence NFTs will act in effect as multipliers to this baseline figure, resulting in a maximum allocation cap dependent on your total wallet holdings The following multiples have been set for Citizen and Transcendence NFTs (we may change these down the line depending on feedback received from Citizens and our analysis of efficiency and efficacy:
Citizen NFTs CAN now be stacked To put this into perspective, if you are holding two S2 citizen NFTs, your total multiplier will be 10x of the baseline amount. Assuming a minimum contribution amount of $500, you will be able to invest up to $5000 Transcendence cards CANNOT be stacked and you are capped at a 5x multiplier regardless of how many Transcendence NFTs you are holding.
Project ABC has a minimum contribution amount of $500, and John holds two S1 Citizens and one Transcendence NFTs. John's total multiplier will be 23 (5+9+9), meaning John is able to Invest up to a maximum of $11,500 (23 x 500) in project ABC
Project DEF has a minimum contribution amount of $1000, and Alex holds two S2, one S1 and one Elite NFT. Alex's total multiplier will be 31 (5+5+9+12), meaning Alex is able to invest up to a maximum of $31,000 (31 x 1000) in project DEF
Project XYZ has a minimum contribution amount of $500, and Mike holds one S2 and five Transcendence NFTs (do not stack). Mike's total multiplier will be 10 (5+5), meaning Mike is able to invest up to a maximum of $5,000 (10 x 500) in project XYZ