DAO governance tooling and crypto rewards in Partnership with Den.
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Sticky DAO partners with Den.social and has made a long term commitment to utilize the DAO capabilities of their fully on-chain social forum. It gives Sticky DAO holders easy governance tooling and rewards in cryptocurrencies.
To help everyone understand Den.Social and our partnership a little better, we will go live on March 31st 3pm UTC. Sticky DAO and Den.Social will be guests in The World Blockchain Round Table discussing Future NFT use cases. If you can’t wait, here’s the info we can already share.
This partnership with Den.Social is adding future proof web3 governance and social interaction to our DAO unseen in any other DAO community so far. To grasp the extent of capabilities Den is unlocking for our members, let’s break it all down.
Together with the team at Den we will develop custom integration of NFT gated access to Lair communities on their platform. Lairs are to Den what subreddits are to Reddit. By owning one or more Sticky DAO NFTs in your wallet, you gain the right to vote on governance proposals and curator elections. You’ll also have permission to create posts, for example to share the latest alpha.
Moving forward, any NFT collection that exists could create their own branded Lair on Den and allow NFT gated access and permissions. Sticky DAO is just the first to take advantage of this innovative way to bring the community together in a 100% web3 friendly style.
We will encourage discussion about unfinalized DAO proposals and curator election drafts in our branded Sticky DAO Lair. We will also create dedicated channels for these purposes on Discord. We don’t want to force anyone to use Den, other than for on-chain voting on DAO proposals. Instead, we offer it as a better alternative. All posts, replies, upvotes, and downvotes are recorded on-chain. Discussion on Den can also be rewarded with crypto by content evaluators. Additionally, Sticky DAO and the members can autonomously decide to tip quality contributions with crypto rewards.
Finalized governance proposals will be published on-chain in the Sticky DAO Lair on Den. Members of the DAO only have to connect their wallet. Den will recognize your holdings and enable you to vote with your weighting power. At this moment 1 Sticky DAO NFT equals 1 vote.
Alpha
Sticky DAO wants to explore new ways to reward active DAO members properly. Since inception we all try our best to share new NFT projects early in the Discord channels. Due to Discord being a web2 application it’s hard to reward quality contributions in a web3 type of fashion. We have given out Alpha and King roles over time to the members who contributed the most. They will now be able to max mint during the pre-sale. But we want to do more for actively participating DAO members.
Rewarding you is going to be much easier on Den.Social, where members can upvote and downvote the alpha you share and post. Thanks to everything being timestamped and saved on the blockchain, it’s easy to look up who posted alpha first.
If the alpha someone posted makes it into trending on Den, or turns out to be historically profitable alpha, the original post will be rewarded with crypto. Posting alpha to Den is optional. Discord will remain to be the go to place for Sticky DAO. If you do want to use Den there are clear incentives in place to post your alpha in Discord and in our Sticky DAO Lair on Den. A simple template will be provided that you can just edit and post.
Ownership in Lair
Another innovative feature Den.Social offers is NFT-based community ownership. Every Lair on Den has LOT NFTs (Lair Ownership Tokens). Someone could hold LOT in the Politics Lair, the Music Lair, the Outdoors Lair, etc. The same applies to the Sticky DAO Lair. There is a total of 1,000,000 LOT and for each Sticky you hold you will be able to claim 100 LOT. The more ownership you have in a Lair on Den, the larger your share of passive rewards will be in crypto.
- 888,800–100 LOT per Sticky DAO NFT you hold, snapshot TBD.
- 111,200 LOT evenly split between Sticky DAO Treasury and Den
- 1,000,000 LOT total ever created for Sticky DAO Lair.
For more information on how Den’s internal economy works, please visit their documentation:
Whitepaper: https://drive.google.com/file/d/1LRe0Cv7bBaSeuDO7knxDst4IQVeTfjJu/view
About Sticky DAO
Sticky DAO is an alpha focused community of NFT collectors here to Stick Around™ in the metaverse. Over 80% of mint from our pfp collection will go towards the DAO’s Treasury. The elected curators will invest in future proof metaverse assets. Realized profits will be reinvested and distributed to DAO members.
Learn more: https://stickydao.com
Contact for partnerships: info (@) stickydao (.)com
About Den.social
Den.social is a content marketplace that rewards Denizens for posting and evaluating quality content. One of the philosophies of Den is to nurture a community who looks beyond personalities and evaluates content based on its merits rather than the creator. Den employs self moderation through a system of behavior-based incentives.
The platform consists of individual communities, each with its own culture and rules. These community-owned Lairs are represented by NFTs and produce passive income rewards and Lair Governance rights for Lair owners. Each Lair has a built in governance model which can be customized per the community’s needs and goals.
Den is a blockchain-based social platform free from traditional advertisements. Every action (posts, vote, comments, edits, etc) are decentralized to Bitcoin and Ethereum.
Learn more: https://den.social
Twitter: https://twitter.com/RealDenizens
