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How Does a DAO NFT Work?

The DAO NFT is currency and Every person can be Used by having an NFT with their voting rights.<br>

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How Does a DAO NFT Work?

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  1. How Does a DAO NFT Work? asgarddao.live

  2. Introduction Mintable is community-driven, decentralized, and flexible. A DAO is the best option to achieve this goal. This is how it works. The DAO does not accept tokens to vote but uses NFTs. To submit proposals and vote in a proposal you will need to vote NFT with over 10,000 votes. You can also use any number of NFTs to vote. asgarddao.live

  3. Every person can vote by having an NFT with their voting rights. Every NFT is unique and is available to everyone who buys/sells an DAO NFT via our bonding curve or on the marketplace. People who use our platform actively have an opportunity to participate in the decision-making process. We want exactly what we want. asgarddao.live

  4. How To Get Voting NFT And Vote? asgarddao.live

  5. Mintable allows you to make transactions. App -- Buy or Sell an NFT. You will automatically receive an NFT in the transaction you bought the NFT in. If you purchase an DAO NFT, you will get two NFTs -- the NFT that you purchased and the voting NFT. Your votes will increase if you have to vote NFT but you won't get a new NFT. Example: Bob creates an NFT in Mintable and makes it available for sale. This is Bob's first NFT. Sally is impressed by the new NFT and decides to buy it. Sally purchases a lot of NFTs and has already accumulated 5,000 votes. Sally submits the transaction and Bob receives her NFT. Her votes for her voting NFT go up to 5,100. asgarddao.live

  6. Bob receives 100 USD, and because it is his first time buying or selling NFTs, he is given voting NFT with 100 votes. These numbers are not representative of the actual number of votes you would get. ) A bonding curve is the second way to get votes. With only 10 million votes remaining, the DAO NFT contract will allow you to sell NFT votes for as low as $2.50 per vote. This contract will allow individuals to begin accumulating votes and earn rewards without the need to wait for multiple NFTs to be sold. asgarddao.live

  7. How Proposals Works? asgarddao.live

  8. Any person who has received more than 10,000 votes can submit a proposal to our platform's future direction. Any proposal is possible, including a request to modify our logo or name, add a new feature, add an artist to our Community-approved artist's list, adjust our smart contract fees, and so on. If the community is interested in a particular feature, proposals can be used to enact it. For example, the possibility to convert NFTs into ETH, or to upgrade DAO to a smart contract. These are just examples. The proposal will be governed by the person making it. asgarddao.live

  9. Conclusion 1. You can submit a proposal if you have more than 10,000 votes. To succeed, proposals must have a quorum equal to 15% of the total votes. Then they will be decided on their outcome. Your voting power is used to calculate votes. 2. 3. asgarddao.live

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