Cliff extended for team and investors
We are pleased to announce that our seed investors and the team have decided to extend the duration of their cliffs!
Aurory is a project built on a strong foundation with a deep belief in both the industry and its long term potential. We are a blockchain gaming studio that will ship multiple games and our core focus is on bringing new experiences to gamers all over the world.
To date, Aurory has made significant progress in achieving this long term vision. We have partnered with the world’s largest esports organization, hired dozens world class professionals, and are now in a whole new league that goes beyond a one-off blockchain game.
In the last few weeks, we have noticed a lot of uncertainty and doubt around crypto projects, especially in the Solana ecosystem. We wanted to address this doubt because we feel that it is unjustified. The Solana ecosystem is thriving with a legion of passionate builders, who all strive to create quality products and care deeply about its long term future and sustainability. And yes, in reality some projects do need initial funding and support from VCs. These funds are a project’s early lifeblood as they are used in hiring the right people to work efficiently on a product, especially in early days when newer ways of financing did not yet exist.
To further demonstrate our conviction, both our seed investors and team have unanimously decided to extend both our cliffs.
- Seed investors’ cliff is pushed to the 1st of June 2022, with a 24 months linear vesting following the cliff.
- Team & Treasury cliffs are pushed to the 15th of August 2022, with a 48 and 36 months linear vesting following the seed investor cliffs.
We felt that this will not only demonstrate the continued support, determination, and undying faith that we all have in Aurory but also illustrate our commitment to creating the future of gaming.
Lastly, a big thank you to everyone who joined us on this exciting journey: our active discord members, telegram fans, twitter contributors, and also everyone else in the Aurory family.