I want invest. and if coin not sell 100%, what  will you  do. now just sell 3%. and  any  roadmap, will use  some  income to burn dao coin ?

Hey.

If we succeed in raising the total amount, we will have a max 3-month window while we can finish things for API to be production-ready and launch some hackathons to make people try and use Overdeso API. 

So during this month for sure we will provide a more detailed Roadmap! But goal number one – finish up to production-ready and stable version API that everyone needs.

In case of failure – the whole DAO will be canceled and refunded and the project frozen for an unknown time due to lack of funding.

Answering your question about burning DAO coins – yeah. Each request out of limits will burn DAO coins. We will publish prices for usage soon, and they will be reasonable and applicable for early developers.

And yeah, all revenue from plan subscriptions will be split among holders; also, holders will get extra perks. And it's more important for developers and companies that build on top of DeSo.

Feel free to ask any questions!

This is your final endpoint to build cool apps on top of DeSo.

DAO – https://beta.daodao.io/d/Overdeso

Docs – https://docs.overdeso.com

With ❤️ by @muvon / Early stage
https://overdeso.com | discord.gg/Z5wjwyR78d

## What is it?
Overdeso is an extended protocol and full-featured social API built on top of DeSo.

Overdeso allows developers to build their excellent DeSo applications quickly without learning how to set up and maintain their node and sit and start developing an app.

Just imagine like a DeSo blockchain core node but as a service when you don't need to maintain it and pay much for servers. We do all for you and offer well-documented APIs to start building quickly!

## What do we have now already?
We are running our APIs in beta mode, and everyone can try to use them.

You can check our [docs](https://docs.overdeso.com) to get started.

We are working on production-ready first and we are going to organize various hackathons later

## Who is using Overdeso?
The most popular app that uses [Overdeso API](https://docs.overdeso.com) is [Overclout](https://overclout.com). 

It's a great showcase of what Overdeso can do for you as a dev and how fast it is.

## DAO contributions
### Round 1 ($25,000)
The first round is aimed to colled the required amount in contributions to prepare the project from beta to production-ready state. 

Start price = **0.001 DeSo** increasing by 1% each 100 DeSo invested.

The reserve ratio is set to 2%.

Attention! This round was recreated due to DAODAO bug with derived keys.

### Round 2 ($30,000)
This round aims to prepare and launch paid contests and hackathons to develop libs on top of Overdeso and more showcases before it expands and attracts more developers to the DeSo ecosystem.

Start price = **0.00125 DeSo** increasing by 1.5% each 100 DeSo invested.

The reserve ratio is set to 3%.

### Round 3 (soft cap $250,000 until deadline)
The final round will last for *x* days and will be announced later. Once it's finished, the supply will be capped.

Start price = **0.002 DeSo** increasing by 2% each 200 DeSo invested.

The reserve ratio is set to 5%.

## Extra supply
After finishing all DAO rounds, we will mint more coins according to the following rules:
- 0.5% of the total supply will be minted and rewarded to Overdeso creator coin holders;
- 1.5% of the total supply will be minted for future promotional purposes.

## Outline
DeSo is already a great product. What if we can empower it to be much easier to use, blazing fast to start, and incredibly scalable for heavy usage with extended social features entirely on blockchain: polls, stories, gifts, donations, rich-text articles, reactions to posts, communities, and much more.

## Keypoints
- By devs for devs.
- Open-source in the future.
- Fully-featured API is scalable and allows you to build your apps first, and do not think about the scalability of social data; we do it for you.
- You can choose – to use API as a service or run your scalable cluster.
- Overdeso is a paid service in the future, but while beta – opened to everyone.
- Great utility for *Overdeso* coins – burn to subscribe, lock for yield and more.

[Follow us on Overclout.](https://overclout.com/u/Overdeso)

With <3 the [Muvon](https://muvon.io) team

DeSo Platform Value: N²✖️M²
N：the number of users
M：the number of running nodes