This time, Venice's fundraising is done through equity rather than directly selling treasury VVV tokens. Investors receive 8.98% equity, 1.5 million VVV grants, and 5 million VVV warrants (exercisable for an additional $66.5 million). All tokens are subject to a 1-year lock-up period followed by a 3-year linear vesting schedule, aiming to align the long-term interests of the company, VCs, and the community. Compared to many projects that sell tokens to VCs at a discount, this approach offers better protection for the token price . base: 0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf