AvatarDAO Community NFT Release
The community NFT is divided into two types: LP NFT and DAO PASS.
AvatarDAO is the first venture capital community without GP, 100% owned, governed, and driven by the DAO community, initiated by crypto OGs, entrepreneurs, investors, independent researchers, and Web3 enthusiasts. It aims to create a borderless Web3 investment collaboration engine that benefits more people, becoming a new way of cooperation and investment, breaking the boundaries of traditional VC, redefining the distribution system, and identifying early project opportunities through active independent researchers and investment managers, utilizing a diverse and extensive resource network to support the development of startup projects and shape the future of Web3.
AvatarDAO is truly fully decentralized, with no centralized administrators, no private keys, zero trust cost, and is entirely managed by DAO VOTE, with all contract permissions granted to DAO NFT holders.
Community NFT
Community NFTs are divided into LP NFT and DAO PASS
LP NFT is the first phase fund of AvatarDAO, with no private keys, 100% decentralized, managed and operated by the DAO, managing the fund and making investment decisions through smart contracts.
The first phase LP NFT consists of 99 pieces, each priced at 50,000 USDT, granting 80% of the fund's net profits, governance of the DAO, co-management of funds, and investment decision-making rights.
LPs will be recruited through applications, invitations, and recommendations, with early members including dozens of independent researchers, executives from major companies, fund partners, and top influencers.
AvatarDAO is continuously moving towards a venture capital community, achieving flexible investment collaboration through the establishment of an investment manager community, consistently bringing new projects and ideas to the community. DAO PASS, as the community pass, is the first ticket to participate in the venture capital community and will enjoy DAO VC profits in the long term.
There are 5 types of DAO PASS, with a total issuance of 1500
As a community pass, it will enjoy the following rights:
- Private channels and exclusive content, an active primary community composed solely of institutional investment managers, partners, and independent researchers;
- The latest project information, participation in regularly held project meetings and research meetings;
- Participation in more offline gatherings, events, and bounty programs;
- Participation in fund profit distribution, gaining priority access to fund investments;
- Participation in the design and governance of DAO proposals;
- Quality whitelist lottery and occasional project airdrops.
Issuance and Acquisition of DAO PASS
The first batch of DAO PASS will be issued through a whitelist for freemint.
Ways to obtain the first batch of whitelist:
- Airdropped to LPs of the DAO fund;
- Event lottery;
- Open applications for independent researchers and investment managers;
- Builders of the DAO community.
Independent researchers and investment managers can apply for WL link
