face-smile-beamInvestments and NTTs conversion

Investments in a project are exclusively available to private investors through a gated membership model. The process functions as follows:

  1. Onboarding: Investors must first deposit funds into an escrow account to provide proof of funds. They then apply for membership; access to the ecosystem is granted only upon approval.

  2. Trading: Once approved, members can place "Ask" orders on a private order book. These orders are fulfilled by "Bid" orders placed by either the project itself or other members.

  3. DAO Governance: To maintain control over supply and project ownership, the order book is not permanently open. DAO members govern the liquidity events via proposals. These proposals determine:

    • The opening and closing of the trading window.

    • To fix the Bid/Ask prices for NTTs sold or purchased by the project.

    • Maximum caps on NTT sales or purchases by the project.

Investors who acquire NTTs become members of the DAO, alongside other contributors. Like other token holders, they receive their fair share of the project's profits when revenue is generated and have the right to participate in proposals, voting, and other contributions.

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