Bear Market Strategy — OTC Sales

SuperLauncher DAO
3 min readDec 3, 2022

Hi Birdies,

It feels almost surreal having gone through multiple minefields this year. 2022 will go down as the year which brought lots of crypto entities to their knees and individuals to their brink. There are many that are losing hope and leaving the space, or using the expression, ‘IF we rebound’

It’s not an ‘IF’. It's a ‘When’.

Now’s the time to build and go deep into crypto. Now’s the time to shine.

As a launchpad, we had our concerns about a bear market plan, something we had never prepared for, and something we couldn’t conceptualise despite our best efforts.

But we now have a plan. Listen up.

OTC stands for ‘Over the Counter’. Heard of how 3AC bought LUNA from the LUNA foundation at the height of the bull market at X% discount with a multi-year lockup? The concept is simple. Listed projects need to raise money, they either take equity funding, or they’ll sell more of their tokens.

This has never been more true in a bear market. Listed projects now need cash, and are much more attractive from a valuation perspective as compared to unlisted, pre-seed ventures seeking funding (think projects that raise money for IDOs or projects that are not launched, and pre-revenue).

Listed projects are willing to sell their tokens at a discount to spot to raise cash.

Listed projects are live, have a proven track record of acquiring customers and operating a business, and have been generating revenue. Thanks to the market conditions, they are also trading at a fraction of their bull market valuation and are relatively cheaper compared to unlisted, pre-seed ventures.

Enter OTC Sales.

We will negotiate with listed projects that have a track record and require cash to keep building and accelerate their growth in this bear market. We will negotiate a discount from the spot price, to buy into their tokens with a lockup/vesting schedule.

Our first OTC sale will be with Buffer Finance. We raised funding for Buffer in 2021, and they have been the best performer in this bear market. The team has a track record, and we would like to supercharge them to be the best version of themselves- let’s double down on our best performers.

We will offer a discount from the spot price, to buy into their tokens with a lockup period. The sale will be held in mid-December, and will last for a month.

And it’s happening on Arbitrum.

Details to follow.

Yours Truly,
Your Birdies

About SuperLauncher

SuperLauncher is an investment DAO that funds and collaborates with projects that are shaping the future of the blockchain. We facilitate mass participation in Seed/Private/IDO rounds through our smart contract architecture and offer a feature-rich platform that powers flexible and decentralized management of capital.

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SuperLauncher DAO

Investment DAO facilitating mass participation in early-stage & listed ventures; decentralized capital management across 20+ EVMs. Headquartered on zkSync Era.