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Dao4Art Launches Niche NFT with Royalty Token!
DAO4ART is a game-changer in the NFT community. It aims to scale up the community by involving ERC20 traders and helps AIGC artists monetize their creations. With its royalty tokenization model, DAO4ART encourages both DAO Creators and Canvas Creators to produce exceptional art collections.
In the current version, 70% of coin sales go directly to the artist’s wallet, while 30% contributes to the DAO’s Asset Pool. Artists also receive DAO tokens, which they can exchange for Ethereum. In other exciting news: DAO4ART is launching an embedded royalty token DEX soon!
DAO4Art: Jogger Collection Updates
Crypto Jogger is a collection of 1000 unique AI generated NFTs with colorful avatars inspired by aliens, wildlife and pets. These NFTs come with a captivating story where the digital creatures called Joggers sprint to avoid a notorious hacker named ‘Red Queen’ who threatens their existence in the Web3 world.
The pool currently has over 554 ETH in total volume. This is with a 221 ETH volume flood just in the last 7 days. This is an increase of over 25%. The floor price is also up by 102%! Moreover, the collection has also updated its aesthetics recently.
D4A’s latest NFT Royalty Tokenomics
Dao4Art recently launched their royalty tokens with a unique token royalty system. When D4A NFTs are traded, trading volume increases, resulting in higher royalty income added to the asset pool. A collection-specific royalty token (ERC20) currently available for trading can be used to exchange for this royalty income.
As trading volume continues to grow larger and faster, the accumulation of ethers in the DAO asset pool increases, leading to the appreciation of the royalty token’s value. In simpler terms, more NFT trading means more royalty income and higher value of the royalty tokens.
DAO4Art D4A Token
For each DAO created, D4A generates a unique ERC20 token, called D4A_Txxxx (with numbers). It rewards DAO Creators and Canvas Creators. These tokens can be exchanged for royalties collected in the collection’s asset pool, or traded on the secondary market.
These tokens will soon be available for trading on D4A’s built-in DEX, enabling market price discovery and, most importantly, scaling up the size of the NFT community from a few thousand people to a potentially infinite number of royalty token holders.
