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Tezonians: Building A DAO Around A 10,000 Piece NFT Collection

Building a DAO around a 10,000 piece NFT collection. Tezonians will be dropping 10,000 unique NFTs on Tezos over the course of the coming months.

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Tezonians

Tezonians will be dropping 10,000 unique NFTs on Tezos over the course of the coming months. Several NFT’s are already dropped on Kalamint and are up for sale today. On the sales of Tezonians NFTs, a 10% royalty is attached, both on the primary and the secondary sales. The royalties will be used in the Tezonians ecosystem.

Tezonian NFTs

Tezonians NFTs started out with 5 basic characters that will have variations added to create 10,000 unique characters. The five basics are the Bear, the Taco, the Baker, the Woman and the Man.

The Tezonians are being sold on Kalamint and giveaways are being distributed through Hic Et Nunc. Resells can be done on both platforms.

Soon Bazaar Market will be added to the NFT platforms that Tezonians are available on.

tDAO and royalties

Tezonians connects NFTs with DeFi. The tDAO governance token forms the center of this part of the ecosystem. tDAO can eventually be used for voting and yield farming.

In due time we will build out a DAO infrastructure in which tDAO holders can vote on proposals such as the following examples:

  • Adding Royalties to LPs
  • Using Royalties to Seed Farming Pools
  • Using Royalties to Purchase other NFT artwork.
  • Using Royalties to Purchase tDAO
    The way that royalties will be used within the Tezonians ecosystem are obviously a very interesting and unique feature. We’ve seen a lot of new DAO tokens that enable farming and governance features. But distributing NFT royalties to DAO holders and using them for buybacks is some creative DeFi craftsmanship.

Liquidity NFTs

Another interesting aspect of Tezonians, are “Liquidity NFTs”. The full proceedings of these sales will be used to provide liquidity for tDAO. So if a liquidity NFT is sold for 40 XTZ, the distribution of the proceedings is as follows:

  • 39 XTZ in proceeds after Kalamint fee
  • 19.5 XTZ Buy Order into tDAO
  • 19.5 XTZ / tDAO (amount) Add in the Liquidity Pool

Roadmap

Q2 2021
Work to distribute between 3 – 5% of the Tezonians NFT Collection
Research Yield Farm Smart Contract Development and Deployment
Marketing around tDAO and the Tezonians NFTs
Whitelisted tDAO on tzkt and QuipuSwap
Partnerships
New Marketplace

Q3 2021
Work to distribute between 10 – 20% of the Tezonians NFT Collection
Implement Yield Farm
Research DAO Development and Integrations
Partnerships and Cross Platform Farming Initiatives
New Marketplace
Tezdrop 2

Q4 2021
Work to distribute between 20 – 30% of the Tezonians NFT Collection
Research expanded Yield Farm to incorporate NFT boost.
Begin DAO Integrations and Testing.
Partnerships and Cross Platform Farming Initiatives
New Marketplace
Tezdrop 3

Q1 2022
Work to distribute between 40 – 50% of the Tezonians NFT Collection

Q2 2022 and Beyond
Work to distribute 100% of the Tezonians NFT Collection
Introduce the next collection under the Tezonians brand.

Follow Tezonians on Twitter. Read more about Tezonians in the extensive Intro to Tezonians on Gitbook.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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