What are the different innovations of Tiger VC DAO, the trinity of NFT, DAO, and VC?
"Tiger VC DAO is an investment DAO jointly initiated by a group of senior cryptocurrency practitioners. The goal is to build a decentralized VC that belongs to everyone in the form of DAO. Initially, 999 Tiger NFTs will be issued to start the early construction of DAO , NFT will be endowed with proposal rights, voting rights and investment income rights.”
Another possibility of NFT
NFT can be roughly divided into two categories:
One type can be called cultural NFT, or IP NFT. This type of NFT represents a certain culture, or a certain IP, which does not carry functions or rights inherently. For example, BAYC, Crypto punks, etc. all belong to cultural NFT. Many users often buy such NFTs because of pure liking or some kind of social needs.
There is also a type of NFT, which we call functional NFT. This type of NFT not only has social attributes, but is also endowed with certain functions or rights. Moonbirds that many people miss is a functional NFT. Holding Moonbirds can not only unlock various rights and interests of the Proof club, but also upgrade the level of rights and interests by pledging NFT.
At present, more and more entrepreneurial teams are not satisfied with just using NFT as a PFP, but endowing it with more rights and functional attributes. This is the direction in which NFT is evolving.
The Tiger NFT we shared today is a functional NFT with cultural value.
Combination of NFT and VC DAO
After most of the NFTs are sold, the project parties generally freely control the funds obtained from the sale of NFTs. Some project parties use the funds to expand the team, and some project parties do more brand work around NFT. Of course, there are still many NFT project parties that have never made any movement after completing Mint, and, unfortunately, most NFTs operate like this.
If you Mint an NFT, the project party does not spend the funds obtained from Mint at will, but divides these funds into three parts:
a. Used to invest in some Beta encrypted assets
b. Used to invest in some Alpha assets or invest in first-level projects
c. Working capital for the project
The use ratio of the two parts a and b and the specific project investment are decided by NFT holders through proposals and voting, and the income from investment will be distributed to NFT holders.
If such an NFT appears, will you Mint?
The NFT we are going to share today - Tiger, is such a design.
Tiger is the equity NFT of Tiger VC DAO, and only 999 pieces will be issued in the initial stage. Holding Tiger not only has the project proposal rights and voting rights in DAO, but also has the investment income right of DAO. The funds obtained from the sale of Tiger are mainly used for investment in encryption projects, and continue to distribute investment income to NFT holders.
This is the exploration made by Tiger VC DAO on the design of NFT's rights and interests.
Tiger VC DAO——The Trinity Innovation of NFT, DAO, and VC
The organic combination of NFT, DAO and decentralized VC is the core innovation of Tiger VC DAO.
In Tiger VC DAO, NFT has given full play to the governance function, and is endowed with proposal rights, voting rights and income rights, making NFT truly useful; DAO can fully inspire community tentacles to obtain project resources, and at the same time use group wisdom to optimize VC Decision-making, and based on the huge community size and diversified group structure, it adds unique advantages that traditional VCs do not have to decentralized VC, which will greatly increase Tiger VC DAO's bargaining chips in project investment. VC with users and resources, which project do you not like?
Not only that, Tiger VC DAO is also a profitable DAO, and the expected profit model will continue to empower NFT. In this way, the positive flywheel of Tiger VC DAO will continue to run.
This is an important reason why we think Tiger VC DAO is worth looking forward to.
What exactly is Tiger VC DAO?
Tiger VC DAO is an investment DAO co-sponsored by a group of senior cryptocurrency practitioners. The goal is to create a decentralized VC that belongs to everyone in the form of DAO, so that ordinary investors can also have equal opportunities to invest in cryptocurrency projects.
We can see the situation of the early Builder members through Tiger VC DAO's official website tigervcdao.com.
Most of the Builders of Tiger VC DAO have more than 5 years of experience in the cryptocurrency industry, and many of them are founding members of world-renowned security audit companies, Chairman of the NASDAQ encryption listed company, Crypto VC that manages 300 million encrypted funds, and a large number of Crypto Investment research experts, etc., and the number of these Builders is still increasing.
Tiger VC DAO starts early community building in the form of NFT, which can attract talents who agree with DAO's philosophy and meet the long-term development of DAO to join in. If you are interested, you can also apply to join through the project's official Twitter @tigervcdao, and Become an early Builder of Tiger VC DAO.
