This is a baseline framework for how we help creators think about forming a Web3 business entity / DAO. This is an elemental framework to showcase steps to be taken. Submit any suggestions or feedback to @teamphlote.
PHLOTE x [OG Mattress]
Objective: Establish [OG Mattress] as a fully independent self-sovereign Web3 business / DAO.
A. Token minting/Team Allocation
- Set up Multi-Sig Wallet
- https://gnosis-safe.io/
- Determine signatories
- Mint 10 million [$Mattress] tokens
- ERC-20’s
- https://www.coinvise.co/ (ETH)
- Vesting schedule decision
- Determine token allocation - Team, community, community partners (example below)
- Team - 30%
- Friends & Family - 5%
- Community - 50%
- Partners - 10%
- Airdrop - 5%
B. Fund the Treasury
- Execute [OG Mattress] NFT Drop
- Use a portion of proceeds to list [$Mattress] on uniswap with funds raised.
- Direct remaining proceeds back to the treasury
- Airdrop to key stakeholders and core contributors
- Create a baseline tokenomics package for team participation
Learn more here.
- Team Phlote