GATA NFT DAO
Last updated
Last updated
GATA DAO is an NFT DAO allows the owners of GATA NFTs ( & ) to participate and influence the decision-making of the DAO. GATA DAO has been formed to own and operate which infact are and will be the property of the DAO.
So, by owning a you are either owning or are founding a validator that gives you the utility of commission earnings derived from running the validator in proportion to your NFT ownership. This is in addition to the value of the art that the owners hold.
Furthermore, this also includes the utility of earning royalties derived from a share of the trading fee of the NFTs on their respective marketplaces. Therefore, the holders of enjoy the benefit of community engagement via running the DAO, earning from validators and royalties on top of their individual staking rewards.
• •
GATA DAO aims to function as a decentralized autonomous organization that leverages non-fungible tokens (NFTs) to govern its operations. The DAO's members collectively own the on various sovereign blockchains within the Cosmos ecosystem, and the NFT holders have a stake in the DAO's revenue streams.
By owning , holders can receive a share of the , enabling them to earn passive income without actively participating in the organization's operations. The DAO generates revenue by running on different blockchains, staking different assets, and NFT holders get benefits from these revenue streams in form of .
GATA DAO aims to be a community-driven organization that is focused on creating value for its members. By enabling holders of to earn , the DAO is giving back to its community members and rewarding them for their participation in the organization.
As a validator node operator on different blockchains within the Cosmos ecosystem, GATA DAO aims to provide reliable and secure infrastructure to support the development of the blockchain ecosystem. The DAO will use its collective governance power to make decisions that benefit the Cosmos community as a whole.