How does Tiger VC DAO work?
Tiger VC DAO is a decentralized VC for everyone.
It is jointly established by some early crypto practitioners, well-known VCs, experienced crypto investment researchers, contract audit agencies and KOLs. They are "tigers" in their respective fields. Tiger VC DAO aims to launch a decentralized VC for everyone so that everyone has an equal opportunity to invest in cryptocurrencies.
Tiger VC DAO will initially issue 999 Tiger NFTs. In order to find early members who are in line with the long-term development of Tiger VC DAO, the initial members will be strictly screened to obtain the qualifications of Mint NFT.
After completing the issuance of 1999 NFTs, the second batch of NFTs will be issued to further expand the community.
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How does Tiger VC DAO work?
The ETH raised through Tiger NFT will be divided into three parts:
a) Buy solid beta cryptoassets.
b) Invest in primary market and Alpha assets.
c) To maintain the daily operation of DAO.
Which projects Tiger VC DAO funds will invest in is decided by Tiger NFT holders through proposals and voting.
All Tiger NFT holders have voting rights, and the addresses holding the top 50 NFTs also have the right to propose, but they cannot vote on the projects they propose.
Projects that pass the vote will receive investment from Tiger VC DAO. For investment profits, 50% of the funds will be distributed to NFT holders, 10% will be rewarded to project proposers, 5% will be rewarded to voters, 15% will be used to repurchase Tiger NFT, and 20% will go to the treasury.
Tiger NFT has a clear application scenario, and is endowed with proposal rights, voting rights and income rights, and will also receive airdrops of governance tokens in the future.
If you have rich entrepreneurial project resources, you can obtain proposal rights by holding more NFTs;
If you are an excellent cryptocurrency investment research expert, you can also get rewards by voting for the project;
If you are a newcomer to cryptocurrency, you can also obtain the income rights of VCDAO by holding Tiger NFT, and you can enter a huge Web3 organization, where you can get a lot of learning opportunities and investment opportunities.
This is the decentralized VC built by Tiger VC DAO for everyone.
