Venus1100
Active member
The gmDAO was founded in September 2021 utilizing a fair token distribution. It is a community of NFT collectors, artists, and investors. In general, the DAO was founded on the values of decorum and respect for one another, making its community a haven in a normally harsh environment. The team is incredibly proud of the extremely passionate and engaged member base that was the end outcome of this.
gmDAO Community
GmDAO token: what is it?
The DAO is structurally made up of 900 individuals, the bulk of whom are engaged in the NFT industry. Their backgrounds range from renowned generative artists with collections that have been featured on ArtBlocks curated to accredited investors. The team's main objective is to promote and support the growth of the NFT sector.
The iconic gen artist Rich Poole created the artwork for the gmDAO coin, which is its native governance token. The gmDAO token, which also serves as a governance token that gives the holder the right to vote and suggest the future of the DAO, is the key to entering our private community.
In the beginning, 1000 tokens were created and distributed using the "fair-drop" technique, in which 10 tokens were given away via daily challenges over the period of 100 days, with any tokens that went unclaimed on any given day being destroyed. As a result, there are currently 900 tokens in use, with some being held by the Treasury.
Migration of tokens
The group is switching its DAO token from the current Rarible contract to a fresh bespoke contract. Rich Poole will produce generative art for the holders' new token.
There are two steps to the migration. Please be aware that this calls for two transactions from holders. Wherever possible, the team has made an effort to reduce gas.
Owners must first transfer their current tokens to the new contract. The transfer will be noted by the contract, which will also provide their address the right to create additional tokens.
During the migration, holders are then able to create additional tokens whenever they want.
In order to complete the move and keep access to the DAO, holders must fulfill both procedures.
How to buy gmDAO token?
Users can either buy ETH first on MEXC Exchange by following the instructions stated below:
gmDAO Community
GmDAO token: what is it?
The DAO is structurally made up of 900 individuals, the bulk of whom are engaged in the NFT industry. Their backgrounds range from renowned generative artists with collections that have been featured on ArtBlocks curated to accredited investors. The team's main objective is to promote and support the growth of the NFT sector.
The iconic gen artist Rich Poole created the artwork for the gmDAO coin, which is its native governance token. The gmDAO token, which also serves as a governance token that gives the holder the right to vote and suggest the future of the DAO, is the key to entering our private community.
In the beginning, 1000 tokens were created and distributed using the "fair-drop" technique, in which 10 tokens were given away via daily challenges over the period of 100 days, with any tokens that went unclaimed on any given day being destroyed. As a result, there are currently 900 tokens in use, with some being held by the Treasury.
Migration of tokens
The group is switching its DAO token from the current Rarible contract to a fresh bespoke contract. Rich Poole will produce generative art for the holders' new token.
There are two steps to the migration. Please be aware that this calls for two transactions from holders. Wherever possible, the team has made an effort to reduce gas.
Owners must first transfer their current tokens to the new contract. The transfer will be noted by the contract, which will also provide their address the right to create additional tokens.
During the migration, holders are then able to create additional tokens whenever they want.
In order to complete the move and keep access to the DAO, holders must fulfill both procedures.
How to buy gmDAO token?
Users can either buy ETH first on MEXC Exchange by following the instructions stated below:
- Click [Trade] after logging into your MEXC account (ETH). Select [Spot].
- To view the trading pairs that are accessible, type "ETH" into the search field. Use ETH/USDT as an illustration.
- Go to the [Spot] box by scrolling down. Enter how much ETH you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. Confirm your order by clicking [Buy ETH]. The acquired ETH can be found in your Spot Wallet.
- You can buy the necessary amount of ETH, send it to your Metamask wallet, and then use that wallet to buy gmDAO token on OpenSea.
