Dear Co-Creators,
Welcome to the first edition of the ProductShare Weekly Stakeholder Update! As we work together to build a conscious and innovative platform, this newsletter will serve as your go-to source for updates on our progress, exciting milestones, and collaborative opportunities. Each week, we’ll share insights into our ongoing projects, acknowledge the contributions of our community, and outline the steps ahead. Let’s dive into this week’s highlights!
We are excited to announce that Axis Finance has officially joined the ProductShare Governance Council as the 6th member of our cohort. Axis Finance will also serve as the platform for launching our governance token, a key milestone in our journey toward decentralization and conscious commerce.
We are also pleased to welcome Tex (@0xTex) as [Axis.Finance](https://info.productshare.co/Axis-Finance-14ca6276405e8081ab68e0efbc792955) representative on the council. Tex will be guiding us through the onboarding process and supporting token launch-related activities, ensuring a smooth and successful execution.
@Crypto koH from HandProtocol has taken on a significant role as ReFi projects curator on Axis Finance. As the first two projects he will curate in the ReFi space, ProductShare and Treegens DAO will set the tone for showcasing impactful initiatives on Axis Finance. This curation model will elevate the visibility and credibility of these projects, providing a strong foundation for their success.
With this collaborative effort, we are positioning Axis Finance as the go-to launchpad for ReFi projects. By leveraging KoH’s expertise in the ReFi space 0and Axis Finance’s robust platform, we aim to attract and nurture a pipeline of high-quality ReFi initiatives, cementing Axis Finance’s reputation as the premier launchpad in this space.
We are pleased to welcome Karel (https://x.com/Karruke99) as our Investor Representative on the ProductShare Governance Council. Karel will serve as the proxy delegate for all current and future investors and token sale participants, ensuring their interests are well-represented within the council.
Karel’s involvement with ProductShare includes a personal investment of $50,000 USD in a private OTC transaction at $0.22 per token. Under this agreement, 50% of the tokens were granted upfront, with the remaining 50% vested over 18 months.
There is still room available in the investor allocation under the following terms:
Currently, 4.7 million PSS remain available for allocation. Karel and Daniel Drescher have offered to assist in filling this allocation by making introductions to venture capital firms and private investors within their network. This initiative will help us secure the necessary funding while expanding our reach to strategic partners and investors aligned with ProductShare’s mission.
To further incentivize participation, we are offering a finder’s fee of up to 10% for successfully referring investors under these terms. If you know of potential investors or would like to discuss this opportunity further, please reach out to Anton Polski or our general counsel Navid Dehghani . Let’s work together to ensure this critical allocation is successfully placed prior to our Initial Liquidity Offering (ILE)!
In addition to his role as Investor Representative, Karel brings the opportunity for a strategic partnership with his company, https://www.cherrybot.ai/. Cherry AI’s advanced tools and established community present a unique opportunity to enhance the success of our governance token launch. Together, we are exploring ways to integrate Cherry AI’s capabilities into our campaign, including leveraging its network of over 10 million users and access to curated bounties.
We have collaboratively initiated a detailed proposal outlining this partnership and its potential benefits. To learn more, we encourage you to review the proposal here. This collaboration has the potential to amplify engagement, increase visibility, and ensure a successful token launch.