📥DAO Structures
The Paint AI Platform is driven by its community, and we are committed to creating a decentralized environment where users can collaborate to generate and share value.
Through the DAO, collective entities and users will have the ability to manage and sell their NFTs, as well as increase their holdings' value and voting power by participating in various activities on the platform. Initially, we will introduce a simple voting mechanism where entities on Paint AI can vote to select the artwork that celebrities and high-end organizations in the event and entertainment industry will auction off on the platform.
Voters who support the winning art will receive valuable rewards. In later stages of platform development, we will introduce the first DAO structures, formed by owners of fragmented pieces of a single NFT who have the option to band together and form an alliance for that specific art.
Each fragment holder will have voting power in the newly-formed DAO based on the value of their piece. Forming a DAO in this instance involves merging the art pieces back together into a single NFT and receiving "shares" based on their initial contribution.
Based on these shares, DAO members can vote on various decisions, such as selling their holdings, buying more NFTs, inviting other Paint AI users to join, and negotiating prices.
Last updated