Skip to main content
An internet round raises USDC through a dynamic market sale - a live, public sale optimized for speed and price discovery. You raise an initial amount up front, then unlock more capital over time as your market cap grows. This page covers the raise economics and what happens once your token goes live.

The raise

In an internet round you tokenize 10% of your company’s equity as a liquid, equity-backed token, then raise against it. That 10% entitles you to more than the raise itself - you also receive automatic capital unlocks (up to $8.6M) and 0.5% of every trade (see Founder economics below). Pick the preset that fits your round - all three are self-serve. A larger target raises more up front and pushes your token to a higher graduation market cap (where the sale completes and your token migrates off the bonding curve into a live trading pool):
PresetRaise targetGraduates at
Micro$10K~$190K
Standard$25K~$352K
Pro$50K~$622K
The standard equity link is 10%. It can be customized on request - reach out.
Token supply is fixed at 1,000,000,000 tokens (Solana SPL).

How the dynamic market sale works

Your raise runs as a dynamic market sale on a bonding curve. There’s no fixed price: the token price rises as more is bought, so earlier backers get a better price. The sale is a live market - backers can buy and sell throughout the raise - and it completes once it reaches its graduation market cap (the figure in the table above). The sale collects more than the up-front capital you take home. Your preset (say $10K) is what reaches you; the round raises more than that, because it also funds:
  • ~$7.5K for incorporation with Bedrock (your BVI company plus Cayman SPC), and
  • on-chain liquidity - a reserve paired with tokens so your market has ample depth to trade against once the token is live.

Token distribution

Your fixed 1B supply splits three ways:
AllocationSharePurpose
Public sale60%Sold to backers during the raise
Team20%Vests to your team, linearly over 9 months after a 3-month cliff
Liquidity20%Seeds the trading pool when your token graduates off the curve

Founder economics

As a founder, you receive value from three sources:
1

Initial raise

The up-front amount from your preset ($10K / $25K / $50K), settled in USDC.
2

0.5% per trade

You earn 0.5% of every secondary trade of your token, for as long as it trades. See Fees.
3

Automatic capital unlocks

More capital unlocks to your team as your market cap climbs through milestone bands (see below).

Automatic capital unlocks

As your market cap grows, your raise unlocks more capital automatically. Portions of tokens are set aside as positions higher up the price curve; when demand pushes the price to that level, those positions are automatically bought, and the proceeds unlock to your team. You never have to sell manually or time the market - growth converts into funding on its own. Unlocked capital reaches you in weekly $2,500 allowances, and follows this schedule:
Market capCapital unlocked (cumulative)
$2M$10,000
$10M$200,000
$20M$775,000
$40M$1,900,000
$80M$4,200,000
$160M$8,600,000 (max)

Going live

Once the sale completes, your token goes live and becomes tradable across Solana venues.

Trading

  • Your token is live and tradable through any Solana DEX.
  • You earn 0.5% per trade (see Fees).

Treasury

Raised funds are held in your project Squads treasury. Larger expenditures are governed by decision markets - backers get a structured, board-like say over how treasury capital is spent.

Receiving your allowance

Your weekly allowance lands in the wallet you created the project with. To withdraw, you can:
  • Send to any other Solana wallet, or
  • Open a bank account with Altitude - our preferred partner for stablecoin business banking, so you can send and receive both fiat and stablecoins.

Editing your project

Manage everything about your project from the founder dashboard (open it from your user dashboard):
  • Edit your project info anytime - description, website and links, hero/banner media, team members, and socials.
  • Once the token is live, on-chain metadata (name, ticker, links) is updated through proposals.
  • Find your token’s mint address and liquidity pool address in the Details tab on your Star project page.

Follow-on fundraising

You can raise again later through proposal-approved minting - issuing additional equity to the token to fund the next stage.