Percolator Seeks $250,000 for New PERC Token
The all-or-nothing fundraiser runs through MetaDAO's Backable platform, and existing PERCOLATOR holders would not convert into PERC.
Updated on Nov. 10, 2026 in Coffee
Percolator plans to raise $250,000 through MetaDAO's Backable platform for a new token, PERC. The raise is all-or-nothing, and PERCOLATOR holders recorded in a Nov. 7 snapshot may participate in a reserved $50,000 portion.
Why it matters
The proposal separates the new PERC token from the existing PERCOLATOR token, which was launched by a third party through pump.fun and later taken over by a community member. Because PERC would not represent equity in the company, buyers would hold a token rather than a stake in the business.
The raise targets $250,000 with 80% going to Percolator's treasury and 20% to PERC liquidity, while the team receives 10 million PERC locked for at least 18 months. About 1 billion PERCOLATOR tokens have circulated since launch, and the source does not say whether the fundraiser will reach its goal.
The players
Percolator
Percolator is the project behind the PERCOLATOR token and the proposed PERC token.
MetaDAO
MetaDAO operates the Backable platform through which the fundraiser is conducted.
The details
The fundraiser would not be completed if it falls short of $250,000. Participants in the reserved $50,000 portion pay the same price as other participants, and the team has no PERCOLATOR allocation it could lock or sell.
Timeline
Nov. 7: Snapshot recording PERCOLATOR holders eligible for the reserved portion.
18 months: Minimum lock period for the team's 10 million PERC allocation.
Market Landscape
The PERCOLATOR token was launched on pump.fun by someone other than the current project team, and David later took it over through a community takeover. The PERC proposal instead routes a new raise through MetaDAO's Backable platform, separating the new asset from the original launch.
Holders of existing PERCOLATOR tokens recorded in the Nov. 7 snapshot could join the reserved $50,000 portion at the same price as other participants. Anyone considering buying PERC would be buying a token that does not represent equity in the company.
The takeaway
Before participating in a token raise, check whether the asset represents equity, how the team's allocation is locked, and whether the raise reaches its minimum target. Those terms determine what a buyer actually receives.
Further reading
For more on the broader lifestyle beat, explore Coffee coverage on Wisevoter.
Source note: This article includes information reported by TokenPost.
