Private Token Sale Information 11/2024

Participation opportunity into the DM3 token for the DM3 protocol, an open-source protocol, public good, and community messaging network

TL;DR

  • DM3 Protocol: A decentralized, open-source protocol for web3 messaging and interoperability.

  • Token Sale: Private sale of DM3 ERC20 tokens, with an initial max cap of 100 million tokens. Launch set for 2025.

  • Core Features: End-to-end encryption, decentralization, multi-level privacy, interoperability, and scalability.

  • Partnerships: Integrations with ENS, Optimism, Gnosis, Lukso, Arbitrum, etc.

  • Financials: €1.5M funding target with tokens priced at €0.20 each. In the former fundraising round (pre-seed), €850k was raised through grants and pre-seed funding. (The future public sale price will be >1€.)

  • Organization: Managed by dm3.org gGmbH, a non-profit with community-driven governance.

DM3 is the web3 messaging interoperability protocol.

Unique Features

  • Messaging interoperability

  • Web3-based Spam-Protection

  • Scalable decentralized message relay node network with ENS-based but chain-agnostic communication registry

  • AI-based messaging assistant

Technical details

  • focused on

    • Secure end-to-end encryption

    • Decentralization (no single point of failure, censorship-resistant)

    • Privacy (multi-level privacy)

    • Interoperability (to other networks, services, apps)

    • Scalability (by design, the network can be extended to handle billions of messages)

  • Modular protocol

    • Lean core protocol (message transport protocol)

    • many protocol extensions for various messaging applications (group chat, public chat, extended privacy, linked profiles, spam protection, UI components, …)

  • Decentralized network and interoperability

    • based on a decentralized message relay node network

    • Network scalable by design

    • Enables interoperability with other messaging networks and messaging services.

    • Integration of existing messaging solutions via non-custodial messaging gateways and semi-custodial messaging bridges

    • Cross-chain, L2, Cloud-service compatibility by ENS CCIP-resolvers

  • Web3 spam protection

    • Key/account-based message transmission

    • Token-based spam slushing.

  • AI messaging assistants

    • Privacy-preserving AI agent

    • Support in extracting relevant information from extensive chat histories

    • Support in the creation of contextualized responses

DM3 Token

  • The DM3 Token is an ERC20 Token. The initial max token cap is 100M.

  • Utility token of the DM3 network

    • Governance

    • Incentive for Standardization

    • Utility function (spam protection, privacy, …)

  • The launch is planned for 2025

Company/organization/network info

  • dm3.org gGmbH – a non-profit company that maintains and coordinates the development of the DM3 protocol, community building, and the DM3 ecosystem.

  • DM3 protocol's specifications and source codes are open-source and a public good of the community.

  • The value of DM3 is in the network.

  • The community will be involved in the development and future decisions through token-based governance.

Cooperation, partnerships, and integrations with ecosystems and dApps

  • ENS (Ethereum Name Service)

  • Space-ID/Genome

  • Optimism

  • Gnosis

  • Lukso

  • Arbitrum

  • MASQ

  • CommonGround

  • Polymorphic.capital

Financials

  • €350k in grants (2023, Q1/2024) from the web3 community (Gitcoin, OP, ENS, Gnosis, Lukso, Arbitrum)

  • €500k pre-seed investment (Q3/2023) from Polymorphic.capital (incl. opportunities for 1.1M Token)

Funding target

  • Q4/2024

  • €1.5M (with the opportunities for tokens at 0.20€ per token)

  • Funding as Donations and opportunities for future DM3 Token (SAFT)

Documents, Resources

NextExecutive Summary

Last updated