Becoming a DAO member
Entry into the DAO is established by receiving the Neuralism token. In the first phase of the DAO, 1000 Neuralism token will be created. Initially, 50% + 1 of the supply will be held by team members, 25% will be instead airdropped to selected Neuralism members (including those that have been awarded a Neuralism NFT over time). By doing so, it will be the first step to decentralize both ownership and decision making in the DAO. The remaining 25%, instead, will be initially kept in the treasury. In the second phase tokens will be sold publicly to investors and Artists who believe in Neuralismβs vision and in Neuralism as a long-term investment. Phase 2 represents a progressive step to further opening the Neuralism DAO to outsiders who strongly believe in the project. Decisions will be made using the Snapshot website, a decentralized voting tool based on IPFS , used by practically every crypto project for collective governance. The major difference regarding the tokenomics between the two phases, resides in the amount of coins held in the treasury. This amount of tokens will be used by the DAO with the purpose of facilitating the liquidity of the $Neura token itself and it acts as a reserve of funds usable for the continued improvement of Neuralism as a project. Plus, if decided democratically by the DAO, some tokens will be awarded to projects / investors that have helped Neuralism.
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