WITHOUT VISION, HANDS CANNOT BUILD. WITHOUT HANDS, VISION CANNOT PROSPER.
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Members from Autolykos and the Ergo community pitch ideas / concepts and if voted for in favour by the DAO, becomes eligible for funding as an official Autolykos project according to its parameters.
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Concepts voted for in favour are formally submitted with proposal and business plan for funding by the community who receive $LYKOS (shares) for their investment and governance towards an approved Autolykos project.
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Proposal that are successfully funded are assigned teams and governed through DAO. We develop and launch the next funded project to on the Ergo blockchain.
ABOUT AUTO
Autolykos is the community backed startup fund governed through DAO, rooted in Ergo. We seek ordinary people, shaping extraordinary growth through a trustless governed venture capital collective (VCC) that drives the adoption, use case and innovation on the Ergo Blockchain.
Our native LYKOS token serves both shareholding and governance of Autolykos through token ratio and shapes the first collateralised equity token (CET) with appreciative nature through its tokenomic structure and characteristic. Limited to a max supply of 1,000,000 and governed per project cap to circulating supply, the LYKOS token serves both shareholder stake and investment growth. Through community investment, revenue is generated with projects developed by Autolykos VCC and profits are first relocated to the initial investment pool to replace collateral. Once investor collateral is returned, LYKOS is driven inflationary through profit allocation.
DISTRIBUTION
Following the footsteps of Ergo, the official Autolykos token $LYKOS follows the same fair distribution parameters with 96% token supply to the public, 3% to the team and 1% to the ideator whose project was successfully funded per token / project fund ratio.
Token distribution only occurs during seed, sow and project fund rounds and circulating supply is governed through DAO, protecting the equity and value of the $LYKOS tokens in supply. As $LYKOS becomes inflationary after initial collateral return and funded projects gain revenue less $LYKOS will be required for future funding as the value $LYKOS increases, rewarding early investors with more ROI and governance over their investment while offering new investors the chance to become part of Autolykos.
MaNIFESTO
Contact us
Looking to invest in projects on the Ergo blockchain or have a concept that requires funding? Get in touch with our team and let’s ideate, invest, buidl.