Sticky DAO’s genesis NFT collection will have multiple tangible utilities.
First and foremost, the NFT collection serves as a great profile picture on socials, as do with many other collections out there. It is your proof of membership to Sticky DAO. For us to connect as a community on a deeper emotional level, we need good art. There are DAOs around that inspired us in some ways, but lack their own collection. Think of JennyDAO which only consists of ERC-20 tokens instead, and mostly funded through VCs.
Community channels
Second of all, owning one or more NFTs gives exclusive access to private channels. We already have some limited channels on the server. The most famous one is the Alpha and Kings channel. This is an alpha signaling channel where only members with the Alpha or King role can talk, but everyone can read. The channels that will come out of the DAO with NFT-based access will be fully restricted to other members who do not hold the Sticky DAO collection.
These channels will be determined at a later time and will serve as a home to members with any skill set or interest. One channel may be for developers looking to create, play, and build on our Metaverse land. Another channel may be solely for discussion around our branding, positioning, and marketing strategy. And yet another may only be dedicated towards the selection of charities we support through secondary fees from OpenSea, X2Y2, LooksRare, Rarible, Coinbase NFT, and other NFT marketplaces.
Whitelists/Allowlists
Through collaborations and partnerships with other communities, developers, and artists, Sticky DAO members will be whitelisted (allowlisted) for selected and vetted new NFT collections. This may also be done through give-aways, where 10, 20 or more members have a chance to win whitelist spots for upcoming projects.
Fund management
DAO members will be able to use their voting power to determine how the funds of our treasury are invested, including the selection of any type of NFT purchases (Land, art, in-game items, memberships, etc). This is a democratic process within a small set of rules to be determined. Due to the fast-paced market conditions and sudden opportunities, the founder and DAO members can decide to purchase and sell NFTs in the best interest of the DAO without first hosting an on-chain majority vote or proposal.
Exclusive Events
Once a year there will be a rooftop party, hosted in Madeira. Portugal's Madeira Islands - which sit between Morocco and Portugal - have been named the best island destination in the world every year since 2015. The islands have also been named the best island destination in Europe eight times in the last nine years. Madeira hosts breathtaking nature with mountainous landscapes and incredible sea views, including Europe’s highest sea cliff at 589 meters. Besides being a gift to the eye, the island of Madeira has also stood out as one of the places of excellence for digital nomads and investors active in cryptocurrency.
The rooftop party revolves around the celebration of the DAO’s one year existence as well as profit sharing. A handful of members will win tickets + stay, with all expenses covered. There are cheap direct flights available from New York and every major European capital city.
The yearly event revolves around DAO members who can decide to take profit and burn their NFT (therefore lose DAO membership too), OR own enough tokens (Q4) to take profit without sacrificing the NFT, OR continue to remain DAO member without taking profit (benefits to be decided). Another option is selling your NFT on OpenSea but that would transfer their share of profits to the new owner. This yearly decision would fix many issues commonly seen with DAOs and also add scarcity for holders over time, as people exit and burn NFTs. (see Profit Sharing section below)
Other exclusive events may be randomly hosted in cities around the world, where we bring the DAO to you. Local events could also be hosted by DAO members with (some) funding from the DAO if there’s enough community interest. Sticky DAO may also be invited to events of friends in the NFT space.
Metaverse
The metaverse plays an important role in our strategy. And it starts with land. We can not predict which project will succeed in building the foundation of our virtual homes. We just know we need exposure to those with the best odds.
From Decentraland and Sandbox to newcomers along the way we won’t stop at simply owning land. We need to find innovative ways to create passive income from community-driven metaverse development. This could take the form of building a casino, a museum, an arcade room, or other businesses with potential revenue. We will take the metaverse into consideration with every NFT purchase we make from our vault's treasury. As a community member mentioned, we need to extract value out of the metaverse.
❝We can have roles in the DAO dedicated to this which will create value. 2022 could have brands big and small rushing to find this kind of expertise which would be great to not just have land but also developers who are good at programming on the land, building a metaverse strategy, etc. People lend more land to develop, we pay them some rent in governance tokens rather than their land sitting empty, use our experts to build, build dao/protocol liquidity from building experiences/events/rent out space❞.
Additionally investing in AAA games such as buying tokens when the market is slow, and locking in LP could prove to be a good long term play if the DAO majority decides to do so.
Perk Collabs
We collaborate with web3 projects to provide perks to holders of our NFT collection. The perks will be given based on traits. One trait incorporated since the start of our collection is ‘Trait Sniper’, giving lifetime free access to all Trait Sniper tools and services. These can be minted or purchased on the secondary market. Future collaborations with other web3 startups and companies can ‘claim’ any of the existing traits in the collection to offer perks to that specific group of holders.
