DAO Treasury Board
This development is our second revenue stream. The keeping of the funds in DAOs also comes with its own issues, which can cause a lot of internal strife with an NFT project. Funds are a big deal and need to be dealt with properly.
Current Market and Pain Points:
There is often no transparency about what is going on with the DAO funds. Where there is transparency, it often only extends to the number of funds used, and not what they are used on.
Bookkeeping is often unclear or not done properly. This means that there is no clear record of what comes in and what goes out.
It is never clear who the main contributor from the community is.
Most active members are usually unequally rewarded more than the rest.
We'll fix that:
By creating an easily digestible interface that displays relevant information in a clear format.
By displaying revenue movement, such as:
$SOL income from different sources (royalties and merch)
Balance of the DAO token (status, data, and payment/receiving details)
Power rank of holders, determined by the number of NFTs held and displayed in a leaderboard to encourage healthy competition.
By developing a Community Vault Monitor that shows: - $SOL value in the vault - $Token value in the vault - Value of NFTs in the vault,
By clearly showing the recent transactions, including that of NFTs, Tokens, and Solana. Leading to increased transparency.
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