The NFTDAOS.FUN Process
Fundraising: The process commences with a one-week fundraising period. Creators seeking to establish a DAO outline their desired fundraising target in SOL, the native cryptocurrency of the Solana blockchain. This initial fundraising round operates on a fair launch basis, ensuring equitable token pricing for all participants. Creators are granted the privilege of inviting select participants to a presale round, often referred to as the "Party Round."
Trading Upon Successful Fundraising: Following the conclusion of the fundraising period, the raised SOL is strategically allocated. Creators are entrusted with managing 90% of the funds, enabling them to invest directly in promising Solana NFT projects based on their expertise and market analysis. The remaining 10% of the SOL is utilized to establish a liquidity pool on an Automated Market Maker (AMM) platform. This pool serves as the foundation for the DAO's token trading activity, allowing for price fluctuations based on market demand and overall trading volume. Once the DAO token launches, token holders are granted perpetual liquidity, meaning they have the flexibility to sell their holdings at any time on the NFTDAOS.FUN platform due to the locked pool structure.
Fund Expiration and Profit Distribution: Upon reaching the predetermined fund expiration date, the DAO's wallet is secured, and a profit distribution process commences. Any accrued profits generated from the SOL investments are distributed proportionally amongst DAO token holders. Token holders are presented with two options for redeeming their share of the underlying assets: burning their DAO tokens or opting to sell them on the AMM curve at their convenience.
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