# The Investment Process
**Our typical investment process is as follows:**
1. basedVC will identify projects that we feel are strong investments and we will negotiate with projects to acquire allocations for basedVC.
2. The opportunity will be presented and announced via the basedVC announcement channel.
3. basedVC investors will be able to review the investment details as well as the detailed research report so that they can conduct their own due diligence and research the investment opportunity.
4. The dates for the investment start and end will be announced on discord.
Investments are live for a pre-determined time period. You will be notified prior to each investment on how long it will be live for. When the investment goes live investors will be able to participate on a First Come First Serve basis. During this time investors will be able to contribute up to their Max Invest Amount.
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Keep in mind the ticket may fill sooner than the pre-determined time period and end prior to allotted time.
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### Investing Tiers
| Tier Name | $BASED tokens held | Haircut | Carry Fee | Max Invest Amount |
|---|
| Rookie | 0 | 15% | 6% | $2,500 |
| Based | 50,000 | 10% | 4% | $5,000 |
| Whale | 100,000 | 5% | 2% | $7,500 |
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