Open Letter — Dohrnii Community

Dohrnii DAO
4 min readNov 20, 2023

Dear Dohrnii Community,

I’m delighted to announce the DHN ICO Token Buyback Program, reflecting my dedication to the Dohrnii project and its community. As the project’s founder, I firmly believe in the potential of the Dohrnii Academy and the DHN token.

Key Details

Objective: I aim to repurchase all tradable DHN Tokens from our ICO participants through Over-The-Counter (OTC) transactions, at the ICO purchase price.

Price: Your buyback price will match your ICO purchase price.

Process: Please initiate the process by sending an email to icobuyback@dohrnii.io

In your email, kindly provide the following details:

1. Your full name (Surname and Family name).

2. The amount of DHN tokens you purchased during the ICO.

3. Your current BSC wallet address holding the DHN tokens.

4. Include a transaction of 10 DHN tokens to the Dohrnii DAO Wallet (0xd5b64eabd12569Ce40100F3D579d55df86a22235) and provide the associated Transaction Hash for verification purposes.

Timeline: The registration for the DHN Token Buyback Program will be open for a limited period, from 20. November to 27. November 2023. Reach out during this window if you wish to participate.

KYC: Participants will need to complete a Know Your Customer (KYC) process for compliance.

This program exclusively pertains to tradable DHN tokens on the BSC Chain. ICO Participants had over a year time to bridge their DHN VET tokens to the only tradeable BSC Chain, but there’s now a deadline set by the Dohrnii DAO for this process. If you haven’t done so yet, a comprehensive KYC process is required to bridge, to prevent fraudulent activity on the VET Chain and to be able to implement all the legal guidelines accordingly.

To participate:

a) Own tradeable DHN BSC tokens bridged from ICO tokens to Binance Smart Chain.

Or

b) Hold DHN VET tokens and are in the KYC verification process with the Dohrnii DAO to bridge them to the tradable BSC Chain.

The Dohrnii DAO has been consistently repurchasing DHN BSC tokens both from the open market and through Over-The-Counter (OTC) transactions and DHN VET Tokens via OTC for a period spanning more than 230 days. During this time, the DAO has successfully accumulated a significant majority of DHN tokens.

In line with our commitment to further support the Dohrnii ecosystem, I, as the project’s founder, have privately decided to extend this buyback initiative to include ICO participants directly by myself.

By offering to buy back tokens at their original purchase price, I aim to foster a more robust future for the Dohrnii ecosystem and reduce potential selling pressure on the DHN token in the times ahead.

My commitment to this initiative is independent of any active engagement in the ongoing development of Dohrnii. I have not been actively participating in the project since my resignation. This buyback program is personally initiated by me as a private investor and is not associated with any other entity, including the Dohrnii team, the Dohrnii DAO, or the Dohrnii Foundation. Nonetheless, I retain the option to contribute all DHN tokens I acquire to the wallet address of the Dohrnii DAO through a donation.

Thank you for being an integral part of the Dohrnii community. I anticipate a successful DHN ICO Token Buyback Program.

Regards,

Dadvan Yousuf

Disclaimer: The buyback program is applicable solely to DHN ICO participants who obtained their DHN tokens through the ICO’s investor dashboard in 2021 and did not acquire DHN tokens via Over-The-Counter (OTC) transactions or on a decentralized Exchange. Specifically, the buyback program is exclusively for ICO participants who initially acquired DHN ERC-20 tokens through the ICO, subsequently received DHN VET tokens via an airdrop, and then bridged these tokens to the only tradeable Binance Smart Chain (BSC). Eligibility for the buyback is limited to participants who continue to hold all of their DHN tokens, have not engaged in active trading, and do not have a negative DHN token balance resulting from their original ICO purchase. The buyback program may require a maximum of 12 months to accommodate any necessary clarifications, ensure compliance with legal requirements, and undergo a thorough review before the final amount is disbursed per case — However, we reserve the right to extend the 12-month period in more complicated individual cases. Once you transfer your DHN tokens to participate in the buyback program at a later stage, those tokens will no longer be eligible for distribution to the ICO participant, even if the token’s price surpasses the original ICO purchase price.

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Dohrnii DAO

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