🪨Moonstones (NFTs)

Moonstones are at the heart of SeleneDAO, serving as both membership tokens and equity shares.

Designed for efficiency, transparency, and simplicity, these NFTs offer multiple advantages for the collective:

• Authentication for DAO members (Seleneans) across dashboards, community servers, etc.

• Governance on Snapshot with weighted power based on equity + vote delegation.

• Dividend distribution through airdrops to holders.

• Secondary market for buying and selling DAO shares outside of funding rounds.

Each Moonstone holds the same power and value, easily estimated by dividing the total value of the DAO's vaults by the total Moonstone supply.

Funding Rounds

Periodically, the DAO will open minting for new Moonstones to raise fresh funds and onboard new members.

During a dedicated minting window, users can mint one or several Moonstones at a fixed price (determined by the Seleneans, based on the DAO's total value and current Moonstone supply).

We intentionally started the Genesis Moonstones at a low price (~$20) to make it easier for members to hold multiple shares and have affordable future funding rounds.

While all Moonstones carry equal power and value, each funding round will feature unique Moonstone artwork created by a different artist (similar to the Nouns🕶️ project, for example).

Technical Details

Moonstones are ERC-1155 tokens on Base. Initial Supply: 296 ✦ Royalties on the secondary market: 5% (allocated to the admin vault).