Club721 community DAO will be in the form of an NFT face value of 0.1eth each. The advantage of a community DAO will increase the engagement of the community and is likely to have more short-cycle investments by keeping the DAO size relatively small, ROI potentially is greater given the same risk factor.
We need to vote on the maximum amount of contribution any Club721 NFT holder can contribute.
The goal is to initially have 1000 ETH in the DAO, which is not big but not too small to limit us from good bluechip or 1/1 plays. The minimum contribution will be 0.1eth as that is the minimum value per DAO NFT.
10k NFT at 0.1 ETH.
As Club721 NFT is all given out at free mint + no gas war, Club721 NFT will be used as mint pass, as community DAO is only for the community. Mint will be from the smart contract only, and the smart contract will exam if you hold Club721 NFT.
Vote Option will be:
1E = 10NFT
2E = 20NFT
3E = 30NFT
5E = 50NFT
10E= 100NFT
Off-Chain Vote
1E = 10NFT
192 65.8%
2E = 20NFT
15 5.1%
3E = 30NFT
14 4.8%
5E = 50NFT
57 19.5%
10E = 100NFT
14 4.8%
Timeline
Oct 17, 2021Proposal created
Oct 17, 2021Proposal vote started
Oct 19, 2021Proposal vote ended
Oct 26, 2023Proposal updated