The Overview of a NewDark Horse VC-DAO — — MapceDAO
2022 can be considered the year of DAO, in the past six months, the feeling of DAO power must be very deep, especially the speed of DAO crowdfunding funds, often a few days tens of millions of dollars in funding for traditional investment institutions is really shocking. This illustrates the ability of DAO to focus on doing great things, some people even gave DAO a nickname “financial flash mob (financial flash)”.
VentureDAO is a new type of investment organization, full of Earn flavor, as a crypto investment bank in the Web3 era — MpaceDAO will invest and fund Web3 projects efficiently and correctly through fair governance mechanism and transparent asset management. ecological projects through fair governance mechanisms and transparent asset management.
A — Introduction of MpaceDAO
MpaceDAO decentralizes and democratizes venture funds by transferring functions such as fund management, LP and GP roles to DAO members, i.e., DAOs are owned and managed by their members.
Venture DAO is usually a smart contract on-chain code to manage DAO operations, which alone can solve the problem of “fairness” and “transparency” criticized by traditional investment institutions, and the concept of “de-trust” advocated in Web3 era is being realized step by step. The concept of “de-trust” advocated in Web3 era is being realized step by step.
B — MpaceDAO Vault Management
MpaceDAO wants to decentralize its governance and needs to capitalize (incentivize) the DAOVault, which will ensure its continued operation and allow them to invest in future growth. diversification of the Vault will be beneficial in the event MpaceDAO suffers from negative events such as uncertain attacks, bear markets, regulatory actions, etc.
MpaceDAO will do a good job of DAO Vault Diversification to ensure they can fund their operations and achieve their MpaceDAO vision. During the bear phase MpaceDAO adheres to a community-based business philosophy that continues to grow and improve.
The DAO Vault will have three subvaults in the early stages: FeeVault, FundVault, and ReserveVault.
For more information about MpaceDAO economic model and operation mechanism, please see the following chart
C — Explanation of the DAO2EARN Details .
1-For each funded project, 1% of each token issue is used to buy back MPA tokens, 50% is destroyed, and 50% is distributed to the governance constituency.
2-For each funded project, 4% of the token share received will be allocated to the project sponsor, investment and research team, community marketing support and other contributors.
3–100% of the revenue earned from Vault investments in NFT or Land assets through installment leases will be given back to community contributors.
4- 5% of the increase in auction value of Vault investments in NFT subsets and assets is used to repurchase MPA tokens, 50% of repurchased MPA tokens are destroyed, and 50% is awarded to token pledgers.
D — the Ecological Pledge Incentive
MpaceDAO distributes governance tokens ($MPA) to community users, not just investors and development teams, which creates additional value space for MpaceDAO and is in the common interest of community users.
When users pledge (staking) or provide other forms of asset liquidity, they will receive incentives in the form of MpaceDAO governance tokens (or NFT), driven by the same core interest direction, to contribute to the growth of MpaceDAO value, which will greatly stimulate the liquidity of MpaceDAO governance tokens (or NFT), and liquidity is value.
The initial incentive model for MpaceDAO is as follows.
1. pledge 20% of the proceeds of the total supply of governance tokens to support long-term backers of the DAO ecosystem.
2. a single-coin pledge of governance tokens with a fixed lock-up period that will earn a certain amount of APY
3. LP liquidity pledges with quarterly APY adjustments and releases (voted on by members)
4. Governance Token non-locked pledge to obtain community voting rights, will have voting governance incentives
5. NFT pledge to gain community voting governance rights, which will have voting governance incentives
The promise of DAO governance could lead to the adoption of the DeFi protocol, thus achieving “fair distribution” (i.e. all revenue tokens are allocated to the liquidity provider and not to the protocol developer). (not to the protocol developers). In the future, there will be more possibilities for MpaceDAO and DeFi to use assets as collateral for lending transactions, etc. in the MpaceDAO protocol. Which will ultimately be decided by the entire MpaceDAO membership.
E — DAO’s equity class NFT — FantasyBear
1、The interests of Holding MpaceDAO NFT is to get Vouchers for the airdrop of Token and the DAO investment governance rights.
Holders of FantasyBear will receive early user airdrop vouchers,
equity status, access to investment research reports and investment dividend status credentials Pass.
2、FantasyBear NFT series minting details.
Name : FantasyBear
Mint Time-TBA (soon)
Quantity: First batch of 2000 pieces
Mint price: 0.05ETH
Mint URL: https ://mint.mcedao.org
Whitelist quantity: 300, price
Price: 0.005ETH and after public mint.
3、FantasyBear NFT minting FAQ
1) When will NFT be available for Mint?
PublicMint at the end of May 2022 probable start, coming soon, non-whitelisted users can enter to the website mint first, and then have whitelisted mint time is carried out after the Public mint. mint URL: https://mint.mpacedao.org/
2) What is the price of each NFT Mint?
PublicMint price is: 0.05 ETH; whitelist price is: 0.005 ETH.
3) Are the NFT properties original?
Yes. We do not use outsourced NFTs, all NFTs are randomly generated on-chain NFTs based on algorithms, and each NFT is unique. In the future, Web3 World will have pledges redeemable for permanent identity DID-NFTs.
4) What is the maximum number of NFTs that can be minted per wallet?
A maximum of 5 NFTs can be minted
You will not be able to sell or buy our NFTs anywhere before or during the public sale. if you see any information about NFTs for sale in MpaceDAO, it is false, so please keep your wallets safe. After completing the Mint campaign, we will open the secondary market on the exchange, please note that all official information will only come from our official Discord announcement channel and Twitter.
F — Stick to Build and Win to Bull Market
In today’s market, there are many factors affecting asset liquidity, such as the Russia-Ukraine war, the U.S. dollar rate hike, tapering, and so on. The increase in uncertainty has led to a strengthening of risk aversion and a decrease in liquidity. And with the Fed’s 50-point rate hike confirmed in early May, the bear market phase has basically opened. I can’t help but sigh that the “bear” cycle is really here~~.
In the “bull” cycle, all projects are in the market enthusiasm “wild growth”. The bear market is the real test of the project and team, and often with the project through the market downturn, only then can ride on a new wave.
Looking at the economic model and operating mechanism of MpaceDAO it solves the liquidity and the underlying logic of value. In this organizational project equity class NFT, governance Token and members all play important roles, each of which plays an important role in supporting value. In particular, the equity class NFT (FantasyBear), which is the start of the project in MpaceDAO, is the key to enter the ecology, and is an important credential to enjoy the rights and benefits.
In this market context, FantasyBear universe is very appropriate “FantasyBear survived the very harsh ice age and are the surviving species, they are the continuation of the last civilization, the spark of civilization! FantasyBear will once again fight for their homeland” ~~
FantasyBear collects a total of 5000 unique characters, which are randomly generated by AI algorithms based on their attributes, with NFT levels of common, rare and very rare. In addition, FantasyBear has both legendary, OG and other attributes of hidden level collectibles. In the future, FantasyBear can be upgraded to an identity DID-NFT with variable metadata and growth, while NFT holders can gain rights and governance attributes that match their contributions.
MpaceDAO is a decentralized autonomous organization based on ETH-EVM, whose mission is to invest and fund Web3 eco-projects with NFT assets such as Metaverse virtual lands, and to make a continuous and significant contribution to the development of Web3 and Metaverse eco-projects. On-chain identity NFT, which is programmable and scalable. Their rank will grow as members contribute, the appearance of the NFT will change, and the value of each user’s on-chain identity will continue to accumulate value honors.
our Official Link
mint URL: https://mint.mpacedao.org/