DAO launched the platform daos.fun, and core member baoskee proposed an innovative financing model. He pointed out that currently, most encrypted projects adopt the traditional VC model of private placement before public offering. If this order is changed to public offering first and private placement later, it can bring new advantages to the project: on the one hand, it guarantees the allocation opportunities for large investors, on the other hand, the project party can selectively introduce investors with strategic significance, and optimize the investment structure through token ownership period design.