The idea is to create a collection of generative NFTs to raise funds and distribute suDAO tokens. This document is just a collection of different thoughts and might be considered as a voting proposal for DAO.

The goal

1. We launching stablecoin, to make that possible we need to attract best talents in the space and offer them competitive rewards. Also we need initial liquidity.
2. We fundraise suDAO but use NFT to make it legally possible.
3. Since we do NFT sale, we want to up-sell by giving NFT utility and a piece of tradable art
4. Create gamification mechanics via NFTs that will help to attract and retain TVL

Utility based NFTs

There is a growing hype behind utility based NFTs, meaning that owning NFT gives you some kind of utility, like access to a private group or even access to a collective investment fund. We would like to extend this idea and offer NFT which gives various DeFi utilities + suDAO tokens to the NFT holders.

NFT

There are various traits generated randomly at mint. Users can buy different class NFT for different prices and with different probabilities to get rare trait (🔗 ref)

• probability for rare traits low / price low / 1 suDAO cap
• probability for rare traits medium /price medium / 4 suDAO cap
• probability for rare traits high / price high / 6 suDAO cap

TBD: possibility to combine NFTs to mint new more rare ones (🔗 ref)

Possible DeFi utilities

Some of the traits ideas (🔗 ref)(🔗 ref)

1. forex - discount for exchange service or for certain pairs
2. deposits - NFT staking to get boosted staking rewards
3. loans - discounted or 0% interest loans
4. voting - increased DAO voting power