1dolinski
@1dolinski
the "ramen fund" cover the finances of a builder up to 10k/mo help with tokenomics and deployment fund gets 8% of token + pay back on ramen funding when it launches anyone interested?
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Ben - [C/x]
@benersing
$10k / month USD?
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1dolinski
@1dolinski
Up to 10k for the builder, perhaps builders will accept a lower amount to get accepted. Could be run on a brex card or onchain. In the odd case of egregious spend, the program would be stopped.
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Ben - [C/x]
@benersing
So guidelines are: - solo-technical founder, - will focus 100% on an idea they have already Questions: - is there an ownership % expectation by the fund? - can they already be working on it? - are builders with some funding already, eligible?
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1dolinski
@1dolinski
Questions: - 8% + some percentage of tokens (1mo vest)? to get amount invested back out - needs to be a clause when the monthly payments stop -- good launch and founder is on their own feet - can be working on it and ideally they are -- but, no token yet - funded also ok, as long as current investors are ok with payback - less concerned about solo, but don't want to pay more than the max 10k - 100% is ideal but because of AI things get spun up really quickly, so it's common for builders to have a few things on the go.. it should be clear that the funds invested will have a high expectation of being paid back @drew to clarify a tad on sourcing it's clear there are "some" builders that are solid, but are underfunded and need help with marketing and tokenomics inbound is always there, i'd prefer an AI to handle flow and a rules-based approach
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