This document is to outline the proposed use case for the Proteus token :moneybag: About the Token 10,000,000 tokens were minted on the xdai blockchain: The following link is the mint transaction: https://docs.google.com/spreadsheets/d/1-4U_JmVBO6il96Y8qTG8Nrri6DAtBWxTLOT61dDFYZ8/edit?usp=sharing Token Address: https://blockscout.com/xdai/mainnet/token/0x3ce60E1cFe163608ED555A147970b3a6791DA4A7
12/2/2021Problem Not all NFT projects have exposure to their own audience/community especially at the start. Building community is often the most challenging aspect of creating an NFT project or gaining followers All NFT projects do not need their own discord server. Often people follow many different servers amd are unable to pay attention to all of them. Solution NFTCD has room within its Discord server to allow artists or projects to run their own channel on the server. This will enable the NFTCD to become an NFT social hub where "community" can be shared. As a project develops its own community, and may eventually outgrow the "community seed" server. At which time NFTCD will aide in the transition. This should aide with artist in growing their community with the added benefit of having access to other artists' communities that is usually not as possiblw with individual servers.
12/1/2021Assumptions Just throwing out some ideas for how we can structure incentives. I'll start it with a few assumptions about the value proposal. It's obviously unknown what this can sccale to and I think the proposal was based on a review of the formula every epoch. The assumption is somthing like this: 10,000,000 Million Prot minted (that's actually true and not an assumption) 50 people in DAO (assumption) Tokens evenly distributed to every member and fully distributed 200,000 each Total wETH (or equiv) investment / member = .5 weth (assumption) Total Shares Per Member: 500
11/26/2021This is to jam on the mision statement a bit. I'm just gonna jot some idas down, make a list etc. Add to it, edit it, make comments Invest in artists Invest in communities Investing in the development of the NFT space Assembling the tools to organize NFT communities into DAOs Experimentation with Web3 technology Foster relationships and build a community of communities The NFT Community DAO was founded by a collective of NFT collectors/artists and crypto enthusiasts. We are interested in the development and sustainability of the NFT movement. Our goal is to foster support for NFT artists and communities through investments. Those investments may come in the form of purchasing NFTs or liquidity positions. Additionally, we aim to provide support for creators and communities by providing DAO creation and community building services and aiding in the marketing and promotion of their NFT projects.
11/12/2021or
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