A main overview and explanation of our concept.
DAO's are a digital- decentralized autonomous organization. Is a form of investor-directed venture capital fund. Our aim for the NFT Project is to use the initial sale of NFT's as a fundraiser to use as assets in the DAO. Continuing after this we would publish polls, let holders vote etc to be able to choose and submit their own ideas.
However we still have our own guidelines and ambitions for what we will do in the future. Our DAO will start off by creating a Cross-chain DEX in which users would be able to (almost) instantly be able to swap their coins to a different network. e.g. Polygon would be swapped to ETH and vice versa. We have ambiguous plans for this and more projects, for example, we are already in the talks with developers to create our own real-estate within the Metaverse. As true crypto fanatics we truly believe and see the long-term effects and usability that both NFT's and the Metaverse offer. All and all, we would be investing heavily in our own cross-chain/bridge DEX. How can Doodle KAWS holders profit from this you may ask? Well, all the profits we make from exchange fees, ads on the sites etc. will be sent into our DAO wallet automatically. The total ETH assets will keep growing overtime and will allow us to expand into more and more investment opportunities not only in the Metaverse or crypto-space but perhaps in the tangible world as well.
DEX are decentralized exchanges (e.g. Uniswap, Pancakeswap, 1inch). What we noticed is that there are no real 'big' Decentralized Exchanges that offer their uses to swap coins from one network to another (e.g. BNB to ETH) and even if some sites offer these bridges, it takes too long and takes way too many fees. This is a gaping hole in the market which we are ready to fill, having multiple crypto developers on our team and also using recruiters to find new ones daily. The idea of having such a DEX is very realistic and will be the first step the Doodle Kaws team will take towards expanding in the crypto-space. The way investors of Doodle Kaws can earn from this can be read on the #earning-structure page.